0% individual income tax on covered cryptoasset-supply income under Public Decision 201
Sources checked . Check each source’s publication and effective dates. Research method.
Private investment
0% individual income tax on covered cryptoasset-supply income under Public Decision 201
Income and business
Georgian-source taxable service or employment income is separate; the general individual rate is 20%, subject to applicable exceptions.
Holding period or principal limit
The published decision does not impose a minimum holding period.
Prepared with AI assistance from the linked primary sources. General research, not personal tax, legal or investment advice. The treatment of your transactions, residence history and income needs individual verification.
What the binding public decision covers
Public Decision 201 treats an individual’s income from supplying the defined cryptoassets as exempt from personal income tax. Its reasoning places that supply outside Georgian-source income. The decision also excludes crypto-to-fiat exchange from VAT. This is stronger evidence than a generic territorial-tax label, but it is an interpretation for the defined operations and assets.
The Tax Code generally taxes a natural person’s taxable income at 20%, with exceptions. Receiving a token for Georgian work does not establish exempt disposal income. Staking, lending, mining operations and tokenised financial claims need their own source and classification review rather than automatically inheriting a sale exemption. The ruling’s computing-power discussion addresses VAT, not a blanket income-tax exemption for every mining reward.
Article 34 includes 183 or more days during a continuous 12-calendar-month period ending in the relevant tax year. Check statutory counting rules and any other residence route. A Georgian exchange account or an overseas wallet cannot by itself end UK residence or settle treaty status.
NBG says a person using only their own funds or crypto as a VASP client, without serving a third party, need not register as a VASP. Providing services for others is different. Registration supervision is not a promise of prudential investor protection. Virtual assets are not legal tender and ordinary payments are generally prohibited, subject to stated exceptions.