Taxes in Georgia: Features and Advantages

Main Taxes in Georgia

Income Tax

Georgia applies a progressive income tax scale. Rates range from 1% to 5.49% (for 2024–2025).

Sales Tax

The sales tax rate in Georgia is 4%, but local taxes can increase this figure up to 7% in some areas.

We provide services for obtaining a Sales Tax Certificate, preparing and filing a Sales and Use Tax Return. We advise business owners on registration, calculation, and reporting.

Property Tax

The average property tax rate is 0.72% of housing value, one of the lowest rates in the country.

Business Taxes

For companies in Georgia, the corporate income tax rate is 5.75%. It applies only to C corporations.

Additionally, C corporations pay a Net Worth Tax, which ranges from $10 to $5,000 depending on asset levels.

Annual Registration

The state requires annual filing of Annual Registration (similar to an Annual Report) for all types of businesses by April 1.

We provide services for preparing and filing the Annual Report.

Excise Taxes

Georgia levies excise taxes on goods such as alcohol, tobacco, and fuel. These vary depending on the category of goods.

Advantages of Georgia’s Tax System

• Moderate income and property tax rates — make the state attractive for families and individual taxpayers.
• No personal property tax — reduces the financial burden for asset owners.
• Favorable business conditions: relatively low corporate tax rates encourage entrepreneurship.

Taxes in Georgia Compared to Other States

• Despite relatively low income tax rates, the scale applies higher rates at lower income levels.
• For example, Georgia’s maximum rate of 5.75% applies at income of $7,000, while in California 6% applies only at income above $38,960.
• Additional Net Worth Tax for C corporations.
• Relatively low Sales and Property Taxes.