in the registry
"Business registry Georgia" signifies more than a mere key phrase — it represents a critical move that unveils a plethora of opportunities.
Benefits of Establishing a Business in Georgia
Speedy Business Setup
Reduced Tax Burden
High-Speed Internet Connectivity
Access to Expansive Free Trade
Economic Stability and Progressiveness
Hassle-Free Bank Account Setup
Hospitality Beyond Comparison
Limited Liability Company (LLC)
Joint Stock Company
Single Partner Limited Liability Partnership
All Partners Limited Liability Partnership
Prerequisites for Business Registration in Georgia
Director and Shareholder
Local Bank Account
Registration Agent and Secretary
Tax System in Georgia
Worldwide Tax Principle
Territorial Tax Principle
Value-Added Tax (VAT)
Regulatory Reporting in Georgia
Annual Financial Statements
Audited Financial Reports
Companies that meet specific thresholds are obligated to compile audited financial reports. While this may sound daunting, with Lawtter Solutions, the journey will be seamless and devoid of any strain.
Thresholds that necessitate an audit include:
- Total assets exceeding ₾ 50 million.
- Annual revenues surpassing ₾ 100 million.
- An employee count greater than 250.
Additionally, another category that warrants consideration includes:
- Total assets ranging between ₾ 10 and ₾ 50 million.
- Annual revenues between ₾ 20 and ₾100 million.
- Staff count between 50 and 250.
Regardless of your business size or asset nature, our team at Lawtter Solutions is on standby to assist with all your Georgia-based reporting requirements.
Business Incorporation Procedure in Georgia
At Lawtter Solutions, we believe that your business is your passion, and aiding you in your journey toward success is ours
Reach out to us today to embark on your exciting venture into Georgia’s vibrant business environment.
To expedite the process, we’ll help you assemble all necessary paperwork with minimum stress. Here are the documents required if the director, shareholder, and beneficial owner is an individual:
- ID: A copy of your passport or national ID will suffice for your identity validation. This is a crucial step to affirm your identity and legitimacy.
- Proof of Residential Address: To verify your residential address, provide a document not linked to your passport or driving license. Acceptable proofs include a utility bill (not older than 3 months, mobile phone bills are not accepted), or a recent bank statement
Upon receiving the necessary documents, we will promptly start the process of registering your company in Georgia. Leave the labyrinth of paperwork and legal intricacies to us. With Lawtter Solutions, all you need to do is prepare the necessary documents and we will manage the rest. Allow us to streamline the Georgia register business process for you.