Register a Company in Georgia

If you want to register a company in Georgia, it is important to consider local legislation, the payment system, and the requirements for business activities. Georgia offers a flexible tax system, various benefits, and simplified procedures that are equally accessible to both local and foreign entrepreneurs.

Register a Company

Company registration in Georgia

The National Agency of Public Registry carries out company registration in Georgia. Business registration involves successfully completing the procedures established by the registry. To complete these procedures easily and quickly, it is important to have the support of an experienced specialist. Our firm’s corporate lawyers will help you prepare all the documents required for registering a legal entity in Georgia and avoid any legal complications. Contact our lawyers and get legal support today.

Business Registration Process

Local business:

  • Limited Liability Company (LLC) – the most popular form for private businesses, which does not require initial capital investment and provides 0% profit tax until dividend distribution.

  • Joint Stock Company (JSC) – the optimal choice for companies planning to trade shares on the stock exchange. Establishing a JSC requires more formalities but allows raising additional capital through the issuance of shares. This form is often used by large businesses.

  • Limited Partnership (LP) – a mixed type of partnership where one or more partners have limited liability and at least one partner has full liability. This form is well suited for investment projects where some partners contribute only capital while others manage the business.

  • Joint and Several Liability Company (JSC) – all partners are jointly and severally liable for the company’s obligations with all their assets. This form is often used for small family businesses or professional practices where there is a high level of trust between the partners.

  • Cooperative – an organization created to meet the economic and social interests of its members. Often used in agriculture, housing management, and other areas where cooperation among members is important.

  • Sole Proprietorship (SPO) – a form of sole proprietorship often used for small businesses. The SPO is liable for the obligations of the business with personal assets.

Foreign business:

  • Branch of a foreign entrepreneur – an independent subdivision of a foreign company that represents the parent company in Georgia. A branch is not a separate legal entity but has its own address and management body. It carries out the activities of the parent company.

  • Subsidiary of a foreign entrepreneur – a separate legal entity founded by a foreign company. A subsidiary enjoys independent legal entity status, although owned by a foreign organization. This form is often chosen by companies planning long-term activities in Georgia.

  • Choosing a legal form. Choose the most appropriate organizational form based on your business nature and goals. Consider the scale of your business, financing needs, and risk management strategy.

    1
  • Choosing a company name. The name must be unique and comply with legal requirements. You can check name availability on the Public Registry website.

    2
  • Preparation of registration documents. The application for business registration includes preparing all necessary documents. Accuracy ensures successful registration.

    3
  • Submission of documents to the Public Registry. All required documents are submitted to the National Agency of Public Registry. Registration is usually completed within 1 business day and even faster with expedited service.

    4
  • Get a statement. An extract from the Public Registry confirms the company’s registration and automatic tax registration. After this, you must activate the electronic tax declaration system.

    5
  • Opening a bank account in Georgia. Opening a local bank account is essential for company operations, whether you have a branch or subsidiary.

    6

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How to Start a Business in Georgia?

If you want to benefit from a favorable business environment and a flexible tax system, registering a business in Georgia is a great decision. The advantages of registering a business in Georgia include fast registration (in less than 24 hours), access to credit and investment programs, the ability for foreign citizens to own a business, the absence of the need for physical presence, double taxation agreements with more than 50 countries, and a convenient electronic document management system. Of note are the preferential taxation regimes offered by the country, which emphasize Georgia’s positioning as an attractive jurisdiction for investments.

Georgia has several preferential tax regimes that promote the development of small and medium-sized businesses, including the tax regimes established for micro and  small business statuses discussed below.

As well as offers established for specific business activities, such as:

Virtual Zone Person Status – The advantages of this status are: Profits earned from the supply of information technologies created by a virtual zone person outside Georgia are not taxed; Supply outside Georgia is not taxed with value added tax; Exports from the customs territory of Georgia are not taxed with export duty; Expenses are deducted proportionally – expenses on income received from supplies within and outside the territory of Georgia are deducted from the total income in proportion to the share of income received from supplies within the territory of Georgia.

International company status – the advantages of this status are: international company profit tax rate (5 percent); employee salaries tax rate (5 percent); dividends paid are not taxed at source and are not included in the gross income of the recipient of the dividend; the amount of taxable distributed profits can be reduced by salaries and research expenses incurred in Georgia; property (except land) intended for or used for carrying out permitted activities is exempt from tax.

  • Choose the legal form that best suits your business goals and activities

    1
  • Register your company in the public registry

    2
  • Activate your tax portal

    3
  • Open a corporate bank account

    4
  • If necessary, obtain the necessary permits and licenses for your business.

    5
  • Obtain the appropriate preferential tax regime/status for your business activities

    6

Documents required for business registration

  • LLC_Register_Company

    We will need from you:

    • Information about the company’s founders and director(s);
    • Information about the company’s economic activities;
    • Information about the amount of the company’s capital and the distribution of shares;
      0% Other information that is required to be included in the registration documents,
    • depending on the company form you have chosen.
  • CJSC_Register_Company

    We will prepare:

    • Minutes of the meeting
    • The founding agreement and the statute
    • Consent form for each person authorized to manage and represent
    • Form confirming the use of the legal address

Why Choose Us

  • Group-199

    Advised on successful registration of 500+ companies in Georgia and beyond

  • Group-199-1

    Unparalleled service quality (rated 5-stars on multiple platforms

  • Group-199-2

    Support from professional lawyers, which reduces unnecessary business costs

  • Group-199-3

    Fastest company registration from first touchpoint with us to your first transaction

Ready to Register Your Company in Georgia?

Advantages of Business Registration in Georgia

As already mentioned, registering a company in Georgia is advantageous for many reasons, including:  

  • Group-199-4

    Flexible tax system and preferential taxation regimes

  • foreign

    Business ownership by foreign citizens is not restricted

  • Group-200-1

    No physical presence need for company registration

  • no-double-tax

    Double taxation treaties with 50+ countries

In addition, electronic document management systems are in place in Georgia, which significantly simplifies the submission of necessary documents and reports to both tax and registration authorities.

Business Registration Documents

We will prepare

  • The decision/minutes of the general assembly
  • Charter
  • Declaration of beneficiaries

Additional information from the founder

  • Type of economic activity carried out by the company
  • The size of the authorized capital (no minimum capital)
    1. Nominal value of each share
    2. How many shares will the authorized capital be divided into?
  • Trade Organization Data
    1. LLC name
    2. Location and legal (postal) address of the company

Ready to Register Your Company in Georgia?

3 Types of Tax Regimes in Georgia

  • Microentrepreneurship

    Upper income limit

    Up to 30,000 GEL

    Suitable for

    • An individual registered as a taxpayer (registration as an individual entrepreneur is not mandatory)

    Restrictions

    • You must not have any hired employees (except for family members)
    • You must not be a VAT payer.
    • You must independently engage in economic activities eligible for micro business status.
  • Small business

    Upper income limit

    Based on 2 calendar years, each year should not exceed 500,000 GEL

    Suitable for

    Entrepreneurs with small turnover and/or production

    Restrictions

    • You must be registered as an individual entrepreneur.
    • Must not engage in activities prohibited for small business status
    • Must not carry out activities subject to fixed tax
  • General system of taxation

    Upper income limit

    Not determined

    Suitable for

    Any person carrying out any activity permitted by law

F.A.Q. Your Top 5 Questions Answered

  • 1. How long does it take to register a company?

    Company registration in Georgia is completed within 1 business day, and with an expedited procedure, on the same day.

  • 2. Can a foreign citizen register a business?

    Yes, foreign citizens can register a company without restrictions.

  • 3. Do you need a legal address?

    Yes, a legal address is required for company registration. We can also provide you with a legal address service.

  • 4. How is a small business registered?

    First, you must register as an individual entrepreneur. Then, you must apply to the tax authority for small business status.

  • 5. Can my company have a nominal director?

    Yes, you can have a nominal director for your company. We are happy to provide this service in addition to company registration.

  • 6. Where do I fill out the application form?

    You can fill out the application form at the Public Registry Office. However, for proper registration, it is better to use the help of our qualified specialists.

Register a company

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