Mariam Kapanadze

Mariam Kapanadze

Tax & Accounting Lead

Languages: English, Georgian

Joined: 2021-06-01

What does Mariam manage day-to-day?

Mariam's team handles the recurring numerical work that every Georgian company needs to stay compliant — and that very few foreign founders want to do themselves:

Why is hands-on Georgian accounting different?

Most foreign founders arrive expecting accounting to look like the EU / UK / US version they know. Three things tend to surprise them:

  1. The RS.ge portal is the single source of truth for taxes. Most filings happen directly through the portal; printed paper rarely moves.
  2. The Estonian model means Corporate Income Tax is paid only on distributed profit — not on retained earnings. Books therefore distinguish carefully between what was distributed in the period and what was reinvested.
  3. The 1% Small Business Status regime has its own quirks — particularly around what counts as "turnover", what disqualifies a business, and the consequences of crossing the 500,000 GEL annual threshold.

Mariam's team handles all three quietly so founders can run the business.

What software stack does the firm use?

For most foreign-founder clients, the firm uses a lightweight stack: RS.ge for tax filings, Oris (Georgian-language ERP) or 1C for bookkeeping, and a shared client portal for monthly reports in English. Founders who already use Xero or QuickBooks abroad can keep doing so — Mariam's team reconciles the two.

Languages

Mariam works in English and Georgian. All client-facing reports and explanations are issued in English; primary tax filings are necessarily in Georgian (the language of the Revenue Service portal).

Areas of expertise

Credentials & qualifications

Education

External profiles