Business & Taxes
How to Pay Taxes to Georgia Treasury
Learn how to pay taxes to Georgia's Treasury using TBC Bank or Bank of Georgia. Simple step-by-step guide with treasury code 101001000 and tips.
Paying taxes in Georgia is refreshingly simple once you know the process. After filing your declaration through the Revenue Service portal (rs.ge), the next step is transferring payment to the State Treasury through your Georgian bank. This guide covers exact steps for both TBC Bank and Bank of Georgia - the two most popular options for expats and locals alike.
Quick Summary:
All tax payments go to a single treasury code: 101001000
You can pay from any Georgian bank account, but to make it easier to track, better use your own business account
Payments must be made in GEL (Georgian Lari)
Your name must be entered in Georgian, matching your RS account
Always verify your payment was accepted on rs.ge afterward
What You Need Before Paying
Before initiating a treasury transfer, gather these details:
Your tax ID number (personal or business)
Your name in Georgian script (exactly as registered on rs.ge)
The exact payment amount in GEL
Access to your Georgian bank's online portal or mobile app
The treasury code for all tax payments is 101001000. This single code was introduced in 2016 to replace over 125 different codes, making the system far easier to navigate.
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Paying via TBC Bank
For personal accounts:
Open the TBC app or online banking
Go to Transfers, then Treasury
Click Select/Add tax payment and choose New Tax Payment
In the "Treasury transfer for" box, select Other
Enter your name in Georgian and your tax ID
Enter treasury code: 101001000
Input the payment amount in GEL
Add description: საბიუჯეტო გადასახადი
Click Make Payment
For business accounts, the process is similar. Navigate to Transfers, then Treasury, select your account, enter the treasury code 101001000, input your amount, and confirm.
Paying via Bank of Georgia
For personal accounts (including SOLO):
Log into your Bank of Georgia account
Under Transfers & Payments, click Transfers, then Treasury
Enter 101001000 in the Treasury Code field
Tick the "Other Payer" box
Enter your name in Georgian and tax ID
Input the payment amount
Select Standard Transfer and click Transfer
For business accounts:
Go to Transfers & Payments, then Treasury Transfer
Choose your account
Enter treasury code: 101001000
Input the amount in GEL
Add description: საბიუჯეტო გადასახადი
Select Standard and click Transfer
Creating a Payment Template
If you pay taxes monthly, save time by creating a template.
In TBC Bank:
Go to Templates from the main menu
Enter 101001000 in the Treasury Code field
Click Next
Enter your tax ID and company/personal name in Georgian
Name your template (English is fine)
Add description: საბიუჯეტო გადასახადი
Click Create Template
Next month, simply select your template and adjust the amount.
Alternatively, both banks allow you to repeat a previous transaction. Find your last treasury payment and click "repeat transaction" - just update the amount before confirming.
Important Tips to Avoid Payment Errors
The Revenue Service system can sometimes mismatch payments even when submitted correctly. Follow these guidelines:
Double-check your name is spelled exactly as it appears on your RS account
Verify your tax ID has no typos
Use treasury code 101001000 for all tax types
Log into rs.ge after payment to confirm it was received and properly allocated
Keep payment receipts for your records
If a payment is misallocated, you will need to contact the Revenue Service to correct it - a process that takes time. Prevention is easier than correction.
FAQ
What is the treasury code for paying taxes in Georgia?
The universal treasury code for all tax payments in Georgia is 101001000. This single code replaced over 125 different codes in 2016. The Revenue Service system automatically distributes your payment to the correct tax categories based on your declared liabilities.
Can I pay Georgian taxes from someone else's bank account?
Yes. Georgian tax law allows payments from any bank account, not just your own. When paying for someone else, select "Other Payer" and enter the taxpayer's name in Georgian along with their tax ID number.
Do I need to pay taxes in a specific currency?
All treasury payments must be made in GEL (Georgian Lari). If your account holds foreign currency, convert it to GEL before making the transfer. Your bank will handle this during the payment process if needed.
How do I know if my tax payment was accepted?
Log into your rs.ge account after making payment. Check your tax balance to confirm the payment was received and correctly allocated. The Revenue Service recommends verifying this monthly since payment mismatches can occur.
What does საბიუჯეტო გადასახადი mean?
This Georgian phrase means "budget tax payment." Adding this in the description field helps categorize your payment correctly. For small business monthly payments, you can also use მცირე ბიზნესის ყოველთვიური გადასახადი.
Can I pay Georgian taxes from abroad?
Limited options exist for international payments, but they are inconsistent. The most reliable method is paying through a Georgian bank account. Many expats maintain a local account specifically for tax purposes.
What happens if I enter the wrong treasury code?
The 2016 reform simplified this significantly. Since all taxes now use code 101001000, code errors are rare. If you somehow enter an incorrect code, contact the State Treasury to request a correction. This process requires time and documentation.
When are taxes due in Georgia?
Deadlines depend on tax type. Income tax is due when salaries are paid. VAT must be submitted by the 15th of the following month. Property tax is annual but paid in three quarterly installments. Check rs.ge for your specific obligations.
Is SMS confirmation required for tax payments?
No. Unlike some other bank transfers, tax payments to the treasury do not require SMS confirmation. The payment processes once you click confirm in your banking app.
What if I made an error on my tax declaration?
Georgia allows corrections easily. Submit a new declaration for the same period with the correct information. The system will recalculate your tax liability automatically. If you owe additional tax, it will be deducted along with any penalty interest.
Can I set up automatic tax payments?
Georgian banks do not offer automatic recurring treasury payments. However, you can create templates or use the repeat transaction feature to speed up monthly payments. You still need to manually initiate each transfer.
Wrap-Up
Paying taxes in Georgia comes down to a few simple steps: file your declaration on rs.ge, transfer to treasury code 101001000 through your bank, and verify the payment was accepted. The single code system makes the process much easier than it used to be. Create a template for monthly payments and always double-check your details match your Revenue Service account.
