Tbilisi Free Zone crypto: What You Need to Know About Crypto in Georgia's Tax-Free Hub

When it comes to Tbilisi Free Zone crypto, a tax-advantaged crypto ecosystem in Georgia’s capital that attracts global traders and blockchain startups. Also known as Georgia crypto free zone, it’s one of the few places in Europe where you can operate a crypto business with zero income tax, zero capital gains tax, and no requirement to register as a VASP if you’re not handling fiat on-ramps. Unlike countries that ban or heavily restrict crypto, Georgia opened its doors in 2017—and it’s still one of the most crypto-friendly places on the planet.

This isn’t just about low taxes. The Tbilisi Free Zone, a special economic zone created by the Georgian government to attract foreign investment. Also known as Free Industrial Zone, it lets you incorporate a company in days, open a bank account without a local address, and operate without reporting crypto transactions to tax authorities—as long as you don’t convert crypto to lari or euros. Many traders use it as a legal base to run DeFi operations, mining pools, or token issuances without the overhead of EU or US compliance. But here’s the catch: if you’re just holding crypto as an individual, you don’t need to do anything special. The zone is designed for businesses, not personal wallets.

That’s why you’ll see so many crypto projects listed in Georgia’s registry—not because they’re based in Tbilisi, but because they’re legally structured to avoid taxation elsewhere. The Georgian crypto regulations, a light-touch framework that treats crypto as property, not currency, and exempts personal holdings from taxation. Also known as crypto tax law Georgia, it’s why people from Russia, Ukraine, and the Middle East set up companies here. You can’t use crypto to pay for groceries in Tbilisi, but you can legally mine Bitcoin, trade on decentralized exchanges, and send funds globally without reporting it. It’s not a loophole—it’s policy. And it’s working. Georgia’s crypto transaction volume has grown over 400% since 2020, according to local fintech reports.

But don’t get fooled by hype. Some platforms claim to be "based in Tbilisi Free Zone" just to sound legit. The zone doesn’t issue licenses—it just gives you a business address and tax exemption. You still need to follow AML rules if you’re dealing with fiat. And if you’re an individual, you don’t need to register at all. The real value is for companies that want to operate globally without the weight of EU MiCA or US SEC oversight.

Below, you’ll find real-world breakdowns of how crypto works in Georgia, what businesses are actually doing there, and which projects are using the zone to avoid scrutiny. You’ll also see what happens when things go wrong—like exchanges that claim to be "Tbilisi-based" but have zero transparency. This isn’t about speculation. It’s about understanding where crypto is legally safe, and where it’s just a marketing trick.