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Company registration guide

Company registration in Georgia

How a business is registered in Georgia: the legal forms, the process in person and by power of attorney, the documents from abroad, the timeline, the official and professional fees, the bank account and the obligations that follow.

The Bridge of Peace over the Mtkvari river in Tbilisi

Choosing the legal form

Most foreign founders register a limited liability company (LLC). It is a separate legal entity, its shareholders are not personally liable for its debts, it needs no minimum capital, and it may be wholly owned and managed by foreign individuals or companies.

An individual entrepreneur (IE) is not a separate entity: a natural person registers to carry on business in their own name and answers for its obligations with personal assets. Its advantage is tax: with small business status, turnover up to 500,000 GEL a year is taxed at 1%, provided the activity is eligible. The status is available to individual entrepreneurs only, never to companies.

A foreign company that wants to operate in Georgia without a new entity can register a branch. The parent remains liable, and the branch's profit is taxed in Georgia. A joint stock company suits investment vehicles and businesses that plan to raise capital.

Limited liability company (LLC)

Liability
Limited to the company's assets; shareholders are not personally liable for its debts
Tax
15% profit tax, charged only when profit is distributed
Best for
Start-ups, holding companies, foreign-owned businesses, several shareholders
Our fee
from $690
Registration fee (state)
200 GEL · same day 400 GEL
Time
1–3 working days
Learn more: Limited liability company (LLC)

Individual entrepreneur (IE)

Liability
Unlimited: the entrepreneur answers with personal assets
Tax
1% of turnover with small business status, up to 500,000 GEL a year
Best for
Freelancers, IT contractors and sole traders in eligible activities
Our fee
from $290
Registration fee (state)
26 GEL · same day 75 GEL
Time
1–2 working days
Learn more: Individual entrepreneur (IE)

Branch of a foreign company

Liability
The foreign parent company is liable for the branch
Tax
Profit attributable to the branch is taxed in Georgia
Best for
Foreign companies extending existing operations into Georgia
Our fee
from $1,200
Registration fee (state)
200 GEL · same day 400 GEL
Time
3–7 working days
Learn more: Branch of a foreign company

Registering without travelling to Georgia

Registration does not require your presence. The process by power of attorney runs as follows.

  1. Structure and documents

    We agree the structure and prepare the charter, the founding decision and a bilingual power of attorney naming our lawyer.

  2. Signature abroad

    You sign the power of attorney before a notary in your country. The notarised document is apostilled, or legalised by the Georgian consulate where the apostille does not apply.

  3. Courier and translation

    The original is sent to Tbilisi by courier, translated into Georgian and the translation certified by a Georgian notary.

  4. Filing

    We file with the National Agency of Public Registry. Registration takes one working day, or the same day for the higher official fee.

  5. Delivery

    You receive the registry extract, the charter and access to the Revenue Service portal, scanned at once and in original by courier.

Documents from abroad: apostille and translation

Georgian authorities accept foreign public documents once their origin is certified: by an apostille in the countries that are party to the Hague Apostille Convention, otherwise by consular legalisation. Every foreign document is then translated into Georgian and the translation certified by a notary in Georgia.

A corporate shareholder adds its own documents: a recent extract from its home registry and the decision of its competent body to found the Georgian company, both apostilled. Ask the home registry for an extract that shows the current directors and shareholders; banks will ask for the same information later.

  • Passport of every individual shareholder and of the director
  • Power of attorney, notarised and apostilled (remote registration)
  • Consent of the owner of the legal address
  • Corporate shareholder: registry extract and founding decision, apostilled
  • Names spelled exactly as in the passports, in every document

Timeline

The registry is fast; the time is spent on documents. A realistic plan for a remote registration:

  1. Structure, charter and power of attorney prepared1–2 working days
  2. Signature before a notary and apostille abroad2–7 days, by country
  3. Courier to Tbilisi2–5 days
  4. Translation and certification1 working day
  5. Registration by the Public Registry1 working day (or same day)
  6. Bank account1–10 working days, by bank

Fees

Two kinds of fees apply, always shown separately: the official fees paid to the state at cost, and our professional fee, fixed in writing before we start.

Official fees of the National Agency of Public Registry

Official fees of the National Agency of Public Registry
ServiceStandard, 1 working daySame day
Company registration or change (LLC, JSC, branch)200 GEL400 GEL
Individual entrepreneur registration26 GEL75 GEL
Registry extract20 GEL75 GEL
English version of the extract26 GEL—

Our professional fees

Professional fees in US dollars, excluding government fees, notary, translation and apostille costs.

The bank account

A Georgian company can hold accounts in lari, US dollars and euros. Each bank decides after its own compliance review of the company's ownership, the source of funds and the business model, and no adviser can promise the outcome.

Some banks open company accounts remotely for suitable profiles; others ask the director to attend in person. We prepare the file the bank will ask for, choose the banks that suit your profile and stay with the application until a decision.

Bank account opening

After registration

Registration is the start of the company's obligations, not the end of the work:

  • Activate the Revenue Service portal (rs.ge) and keep its access secure
  • File monthly and annual tax declarations as they fall due, even in a quiet month
  • Register for VAT once taxable turnover exceeds 100,000 GEL in any twelve months
  • Apply for small business status (individual entrepreneurs) or a special tax regime where eligible
  • Keep the legal address valid and the registry up to date when directors or shareholders change
  • Set residence and the right to work for anyone who will live or work in Georgia

Frequently asked questions

How long does company registration take in Georgia?

The Public Registry registers a company in one working day once the documents are complete, or on the same day for a higher fee. With documents signed abroad, the whole process usually takes one to three weeks.

How much does it cost to register an LLC?

The official registration fee is 200 GEL (400 GEL same day), plus extracts. Our professional fee for an LLC starts from $690, fixed in writing after a free assessment.

Do I need to visit Georgia?

No. A notarised and apostilled power of attorney is enough to register. A personal bank account usually requires a visit; some banks open company accounts remotely.

Can a foreign company be the only shareholder?

Yes, with its apostilled extract and founding decision, translated into Georgian.

What name can the company have?

Any name not already registered that meets the registry's rules, written in Georgian with an optional English version. We check availability before filing.

Is the company's information public?

Yes. The registry publishes the company's details, including its director and shareholders.

Ready to register?

Answer a few questions and receive a fixed-fee proposal within one business day.