COMPANY FORMATION

IN TBILISI GEORGIA

THERE ARE FIVE MAIN BUSINESS STRUCTURES IN GEORGIA

LIMITED LIABILITY COMPANY (LLC/LTD)

Limited liability company is the most convenient legal form of business activity in Georgia. A Limited Liability Company (LLC) is a commercial legal entity, the liability of which to its creditors is limited to its entire property. An LLC may be established by a single person.

JOINT STOCK COMPANY (JSC)

A Joint Stock Company (JSC) is a legal entity the charter capital of which is divided into shares of equal nominal value. The share constitutes to a security certifying the claim of a shareholder in relation to the property of the JSC, the rights and obligations of shareholders and JSC towards one another. The liability of a JSC is limited to its whole assets. Shareholders are not liable for obligations of the JSC.

NON-PROFIT ORGANIZATION (NGO)

Non-Profit Organization or Charitable Organization is the most suitable legal entity in Georgia for humanitarian, educational, healthcare, human rights, environmental, and other similar areas. An NGO is a non-commercial legal entity with limited liability to its creditors, restricted to its entire property. Thus, an NGO can receive income; however, founders cannot distribute the company's profit, and it must be used for the activities of the organization. An NGO may be established by a single person.

BRANCH OFFICE (BO)

Any enterprise may establish a Branch Office (BO). It is the sub-unit of a business entity and is not a separate legal entity. Therefore, the liability of its founder may not be limited to the assets of the branch itself. The latter denotes that the founder is financially liable for the obligations of the branch.

INDIVIDUAL ENTREPRENEUR (SOLE PROPRIETORSHIP)

An Individual Entrepreneurship (IE) is not a legal entity, the liability of which to its creditors is not limited, unlike in LLC, which liability to its creditors is limited to its entire property. However, in case the expected annual income of an Individual Entrepreneurship does not exceed 500,000 GEL we can help you to obtain status of Small Business and in this case you will be taxed by 1% corporate/income tax (instead of 20%).

ABOUT US

The Firm employs 14 professional staff and Outsourcing legal, tax and business advisors in different areas of practice. Our team consists of Licensed Attorneys, Certified Property Appraisers, Expert – financiers, Business & Tax Consultants.

Our lawyers have postgraduate advanced degrees from the well-known Georgian, US, and UK law schools and are admitted to Georgian Bar. All attorneys and staff are fluent in English, Russian and Georgian and have significant experience in collaborating with foreign law firms in several jurisdictions.

SIMPLE COMPANY REGISTRATION PROCESS

The country Georgia is one of the easiest and best places in the world to create, found, and run a company. Whether it be an LLC/LTD, JSC and/or Branch Office. Our law firm provides full business law services in Tbilisi. Not only do we ensure a smooth company formation or registration, we can aid in business and personal bank accounts, accounting services and more.

Our professional business and company lawyers are ready to answer your questions, which may be, “how to start a business in Georgia?”, or “What is the process?” In a new and exciting place, it’s best to have a team of highly- skilled and well-connected lawyers by your side when you pursue company incorporation and business registration. We’re here to help to start a company.

SELECT

Select or we will help you to choose the best form for your business.

Company details

Ask and fill out the Company Incorporation Form. Let us take care of the rest.

Bank accounts

Once your company is established, we will prepare and submit document for opening business bank
accounts.

Ready to form your new company in Georgia?

Let’s get started