Switching from Sole Proprietorship to LLC - Worth in this case?

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solotisorin

Mentor Group Silver
Mar 20, 2025
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I’m currently registered as an Individual Entrepreneur in Georgia under the Small Business regime, and in 2025, I will be a tax resident there. Most of my income comes from affiliate marketing for forex brokers, and my earnings are growing significantly.

Given that this could be considered a medium-high risk business, would you recommend switching to an LLC to limit liability? If so, what structure would you suggest? One option I’m considering is a Georgian LLC, which has a 0% tax rate if no dividends are distributed, but I’m open to other ideas.

Looking forward to your insights—thanks in advance!
 
@daniels27 He did a post here and the same in Mentor Group with little added info. He is a new user I can see.

@solotisorin Please only post in one place. Everyone in MG can see the post you made here already. It won't draw any more attention duplicating post in MG in this situation unless there is stuff you don't want public.

P.S If you don't get a response in 24hrs from anyone it does not mean that your post was not seen I can assure you. Thx
 
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