If you have travelled to Georgia, you must have seen many times that after buying from any small or big store in any area, when you pay for your purchase, you are given a small receipt that is issued from a device similar to a calculator, and on that amount your purchase and the name of the store and the time of purchase are included. In Georgia, these receipts are called tax checks and are used to register cash sales of businesses in the tax administration system. Having a tax check machine in Georgia is mandatory for any business that accepts cash because it is the only way to register cash sales. So if you intend to register a company and there is a possibility of receiving cash for you, be sure to prepare a tax check device after registering the company in this country and receiving the tax code.
The tax check machine in Georgia is connected to the tax administration system through GPRS technology and immediately after registering the amount and printing the receipt in the machine, the information is transferred to the tax administration system. Many companies sell tax check devices, the price of which varies from 300 GEL to 1,000 GEL, and to connect it to the tax department, you have to pay about 120 GEL annually, which companies that sell tax check devices do this for you.
We hope this article is to your satisfaction. If you need advice on how to set up a business in Georgia and the tax check machine in Georgia, SisnoGroup experts are ready to provide you with free advice.
1 Should all businesses have a tax check machine?
Yes, owning this device is mandatory for companies receiving cash and is the only way to record cash sales.
2 Do I have to go to the tax office every month to submit my receipts and checks to the tax check machine?
No, these devices are connected to the tax administration system via GPRS, and after receiving the amount and printing the receipt directly, the information is transferred to the tax administration.
We hope you enjoyed this article, if you need advice on how to start a business in Georgia, the experts of «sisno Group» are ready to offer you free consultation.