The 1% Small Business Status: A Practical Guide
TK Counsel Georgia · 29 March 2026
Georgia's 1% Small Business Status offers a simplified tax regime for qualifying individuals and small businesses. Here we outline how it works and who can benefit.
Eligibility
Generally, individuals and small enterprises meeting turnover and activity criteria can apply. The exact conditions are set by the Revenue Service and may vary by sector.
Process
Registration typically involves submitting an application and supporting documents. Once approved, you will be subject to a 1% turnover tax on eligible income, with simplified reporting.
Ongoing compliance
Annual declarations and record-keeping remain required. We assist clients with initial registration and ongoing compliance.
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