Leave Georgia for the right reasons.

Only on profit you take out. Georgia taxes profit only when the company pays it out, so profit you reinvest pays nothing, for as long as you like. Cyprus taxes profit at 15% as it's earned, and with non-dom status you pay no tax on the dividend. Paying out from a Georgian company costs 19.25%, because the 15% is worked out on the payout divided by 0.85, and 5% follows. If you plan to grow inside the company, Georgia wins.

Not for the tax. Small Business Status charges 1% on income up to GEL 500,000 a year, rising to 3% from the month you pass that until the year ends. A virtual zone IT company pays no profit tax on software it builds and sells abroad. Both depend on government decisions that can change, and some activities are excluded, so check your activity code with the Revenue Service.

No. Georgia's list of taxes is closed, and an exit tax isn't on it. Profit kept in a Georgian company was never taxed, so there is nothing to charge. If you close the company, the capital you put in comes back tax-free, and only the surplus is taxed as a payout. Your close family also inherits tax-free in Georgia, so Cyprus doesn't solve an inheritance problem.

From the first tax year in which you spend fewer than 183 days in Georgia. Residence is judged year by year, and days that made you resident last year don't count again, so each year starts clean. There is no home or family test and no form to file. Part days count as full days, and so do business trips, holidays, treatment or study abroad. Short visits home are fine, but a Tbilisi base with frequent travel keeps you resident.

Not without Georgian tax. Georgia treats a company as Georgian when the person who really runs it lives in Georgia, even without a formal appointment. The tax treaty points to the same place. The company would then pay Georgian tax on its worldwide profit. Real decisions, taken and recorded in Cyprus, are the answer.

Keeping it is often cheaper. It pays nothing until it pays out, and dividends to a Cyprus parent are 0% under the treaty instead of 5%. Deals between the two companies must be at market prices, or Georgia taxes the difference as a payout. Closing takes three to five months, with a tax audit window of up to 90 days and a wait before assets reach the owners.

No. Under the 60-day rule you can be Cyprus tax resident with 60 days a year here, a home you rent or own, a business or job in Cyprus, and no more than 183 days in any other country. Directing your own Cyprus company can count as the business. Being Georgian resident in the year you move no longer rules you out.

Georgia has no social security tax, only a funded pension. If you leave for good, your pension savings can be paid back to you, free of Georgian income tax. Ask the state pension fund what proof it needs before you go. In Cyprus, a director paid a salary by the Cyprus company pays Cyprus social insurance and GeSY, the national health system.

Yes, freely. Georgia doesn't restrict moving capital or sending money abroad, and the lari floats freely. Funding a Cyprus company is a bank transfer, not a permission. The difference is what the account connects to. A Georgian account sits outside the euro area, while a Cyprus company banks in euro inside the EU.