PAR → TBS · FOUNDER GUIDE · OCTOBER 2026
Leaving France for Tbilisi 🇬🇪 as a founder
0% on retained profit · 15% when distributed · 5% on dividends. French citizens can live in Georgia for a full year without any visa.
What you'd keep vs France
Solo founder, 100% owner, whole profit paid out as dividends each year. How the math works.
| PROFIT | TAX IN 🇫🇷 | TAX IN 🇬🇪 | KEEP IN 🇬🇪 | VS FRANCE / YR |
|---|---|---|---|---|
| €100K | 41.2% | 19.3% | €80,750 | +€21,993 |
| €250K | 47.4% | 19.3% | €201,875 | +€70,335 |
| €500K | 53.4% | 19.3% | €403,750 | +€170,891 |
| €1M | 53.7% | 19.3% | €807,500 | +€344,391 |
ENTRY TICKET
Visa-free year + labour permit
- Cost
- Free entry, GEL 200 (≈ €70) for the work permit
- Timeline
- Land, then ~2–4 weeks for the permit
REQUIREMENTS
- —French passport: one full year visa-free
- —Labour permit for self-employed and company directors (since March 2026)
- —183 days for tax residency
THE CATCH
Like Estonia, it's 0% if you keep profit in the company — the 15% only hits payouts.
SOURCES
Simplified simulation, not tax advice. You own 100%, so France's exit tax on your shares applies. Outside the EU you usually have to request the deferral and give guarantees. It's wiped if you keep your shares 2 years after leaving (5 if they're worth over €2.57M). Moving tax residency means actually living there, not just a mailbox.