Business Registration in Georgia



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Registering a Company in Georgia

If you are looking for an opportunity to set up a legal entity in a low tax country, then Tbilisi, Georgia is for you. An attractive tax system, a business friendly environment, a good climate, and hospitable people make Georgia an ideal destination for business-minded people. It is easy to register a business in Georgia and the tax and reputational benefits to owners are tremendous.

A company in Georgia is not considered a traditional offshore entity and comes with a bank account (in either a local or overseas bank). A bank account can be obtained without even needing to travel to the country in person: without leaving the comfort of your own home, you can get a ready-made company with a bank account within a week.

The benefits of establishing a company in Georgia

Quick and Easy Registration Procedures

A company in Georgia can be registered within several hours. The process involves minimal documentation and a 15-minute visit to the registration office in Tbilisi. The same is true for companies registered using Power of Attorney. In fact, according to the Doing Business Report 2020 in terms of ease of registration Georgia comes in second behind only New Zealand.

0-20% corporate tax

Depending on the type of business, tax on corporate income can vary from 0% to 20%. Companies are fully exempt from taxes on certain activities in Free Zones. There are special tax advantages for IT companies (5% tax), for small businesses (1% tax), and for sea shipping (5% tax). In general, however, even a regular limited liability company (LLC) does not pay any tax on corporate income unless distributing dividends.

No Restrictions on Foreign Ownership or the Number of Directors

There are no restrictions upon who can own a company. Company can be owned by citizens of Georgia, by foreign nationals, or by both at the same time. The owner of a Georgian company can also be a legal entity registered outside of Georgia. What’s more, a foreign shareholder in a Georgian company can also serve as the director of the same company. Neither is the number of directors in a given company subject to limitation. There can be one director or multiple directors sharing responsibilities.

No minimum capital requirement

A company may be established in Georgia without any capital injection. Company capital may be equal to 0.

Remote Company Formation And Management

To set up a company in Georgia you don’t need to visit us in person. We can register your business in Georgia with a simple Power of Attorney and all in a single day (from the moment we receive the necessary documents from you)

Over 56 Double Taxation Avoidance Treaties With Different Countries

The attractive tax benefits available in Georgia would not be as attractive without double tax avoidance agreements to help you avoid paying taxes twice for the same service. Our team of legal experts will help you navigate through the sometimes complex agreements of avoiding double taxations.

Steps for company registration in Georgia


Consultation And Documentation Gathering

Choose the company type best suited to you with the help of our consultation and give it a name. Provide us with contact information for the founder(s) and directors and finalize the process by choosing the company’s legal address (Local or Virtual). We’re there to help every step of the way.

In order to proceed, we’ll need some documents from you, including: the passport(s) of the founder(s) / director(s) and a Power of Attorney. We’ll provide you with a full list of what’s needed. Should you choose to come to Georgia in person, you’ll need only your passport. We’ll prepare the rest of the documents for you.


Company Registration & Bank Account

For remote registration, we visit all the necessary state institutions and register your company with the documents you provide us with. If you would like to visit Georgia in person, one of our people will accompany you during the process

Following Company registration, you will need a bank account for future transactions. We can assist you in this process as well. With the same documents we can open an account within two working days.


Manage Your Company

You can manage your company from anywhere in the world. If further help is needed, we can provide accounting, legal, and other business support services.

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*Schedule a first 30-minutes free online consultation

Here’s how we help you

Checking the availability of your company name

We check the availability of your preferred company name (although company names can be duplicated in Georgia, you might want to avoid this occurrence)​

Choosing a business address

We assist you in choosing a business address (we can get your company an address in Tbilisi or in another Georgian city in either a regular office or a prestigious business center in Tbilisi, Georgia)


Legal Services (paperwork) and working with government or private bodies in Tbilisi. 

We prepare all the necessary documents for company registration and submit papers for registration in the public registry. If the company is registered remotely, we provide you with drafts of the power of attorney and guide you through the process of notarizing/apostilling the documents from your home country.​

Corporate Bank account

We assist you in opening a Corporate Bank account as well as a personal bank account in Tbilisi, Georgia.


We take care of your monthly accounting work

Important notes on Corporate Bank Accounts

Proper Work Scheme

Although the Georgian tax system is generally very attractive, it has its pitfalls. You need to be prepared well before you start operating a limited liability or joint stock company. So-called withholding tax and VAT reverse charges are primarily to blame. We strongly recommend consulting our professional accountants before starting your activities.

Proper Banking Solution

Banks in Georgia tend to look askance at international transactions made by a Georgian Limited Liability Company. To help you avoid interruptions, we offer a solution combining a local and international corporate bank account. For more details, contact us.

Data Privacy

Georgia has an open registry of company shareholders and directors. This may be of concern to those worried about personal data privacy. If you wish to keep your personal data out of the registry, we can assist you; to do so will require structuring your business as a joint stock company rather than a limited liability company. In this case your name will be listed only in the private shares registry and it will not be made public. Contact us for more details.

FAQ – Frequently Asked Questions

What Is The Time Frame For Company Registration?

A company can be registered in 1 day, though on average you should plan for 2 to 5 days, with 5 days being the maximum required to finish all the procedures. In case of remote registration, a week is needed on average.

Are There Any Restrictions On Nationality, On Who Can Start A Business In Georgia?

No. A resident of any country can set up a business in Georgia.

What Are The Legal Forms Of Companies In Georgia?

u003cstrongu003eA Limited Liability Company (LLC)u003c/strongu003e u003cbru003eIs a legal entity with liability to creditors limited to its property. The partners (founders) are not responsible for the company’s liabilities. The capital of an LLC can be specified at any amount and is divided into shares. A partners’ meeting must be held to consider annual results and other issues. An LLC can be founded by one person.u003cbru003eu003cbru003eu003cstrongu003eA Joint Stock Company (JSC)u003c/strongu003e u003cbru003eIs a legal entity with capital divided into a certain number and certain types of shares defined by the company charter. A JSC’s liability to creditors is limited only by its property. Shareholders are not responsible for the company’s liabilities. The capital of a JSC can be any amount. A JSC is entitled to issue ordinary and preferred shares unless the company charter states otherwise.u003cbru003eu003cbru003eu003cstrongu003eA Limited Partnership (LP)u003c/strongu003e u003cbru003eIs a legal entity in which two or more persons carry out entrepreneurial activities under a single entity name. The liability of some partners (limited partners) to creditors is limited to a certain warranty amount, while the liability of other partners, i.e., full partners (general partners), is not limited. The partners of an LP can be both legal entities and individuals. Partners with limited liability (limited partners) are not allowed to participate in the management of the LP.u003cbru003eu003cbru003eu003cstrongu003eA Branch Office (BO)u003c/strongu003e u003cbru003eIs the structural sub-unit of a business entity and is not a separate legal entity.

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