Businesses seeking to benefit from Georgia’s pension contribution amnesty must fully pay their outstanding principal pension contributions and accrued late-payment charges by December 31, 2026, according to Zurab Dznelashvili, founder of Tax & Legal Solutions.
Dznelashvili said the legislative changes accompanying the amnesty have addressed several systemic issues, including the cancellation of disproportionate GEL 500 and GEL 1,000 penalties. Under the new rules, the penalty is fixed at GEL 300 and no longer doubles for repeat violations. Companies that had already paid their principal contributions and late charges by September 18, but had disputed the penalties, have already seen those penalties automatically cleared from the system.
“The amnesty does not apply to the pension contribution obligation or the late charge,” Dzelashvili said, explaining that the late charge is credited to employees’ individual pension accounts rather than the state budget. He said the requirement to pay both the outstanding contribution and late charge by year-end reflects an effort to balance employers’ interests with employees’ pension rights.
Dznelashvili added that companies that meet the December 31 deadline will have their penalties automatically written off without applying separately to the Pension Fund, Enforcement Bureau or court. Businesses that fail to meet the condition, however, will lose the benefit of the amnesty, and enforcement of the GEL500 and GEL1,000 penalties will resume from January 1, 2027. The amnesty covers unpaid administrative penalties imposed by September 18, 2026, arising from pension obligations incurred after May 1, 2025.
