How to Register a Company in Georgia: Step-by-Step Guide 2025

Georgia has become one of the easiest and most attractive countries in the world for company registration. With minimal bureaucracy, low taxes, and a business-friendly environment, you can have your company up and running in just one day. This guide covers everything you need to know about registering an LLC in Georgia.

Why Register a Company in Georgia?

Georgia consistently ranks among the top countries for ease of doing business. Here's why entrepreneurs from around the world choose Georgia:

Low Taxes: Georgia offers one of the most competitive tax regimes in Europe. Under the Estonian tax model, companies pay 0% corporate tax on retained earnings and only 15% on distributed profits.

Fast Registration: Company registration takes just 1 day at the Public Service Hall. With express service, it can be done in a few hours.

No Minimum Capital: Unlike many European countries, Georgia has no minimum share capital requirement for LLCs.

100% Foreign Ownership: Foreigners can own 100% of a Georgian company without requiring a local partner.

Free Trade Agreements: Georgia has free trade agreements with the EU, China, Turkey, and CIS countries.

Types of Business Entities in Georgia

The most common business structures in Georgia are:

Limited Liability Company (LLC / შპს): The most popular choice for both local and foreign entrepreneurs. Offers limited liability protection and flexible management structure.

Individual Entrepreneur (IE / ინდ. მეწარმე): Best for freelancers and small businesses with low turnover. Simple registration but unlimited personal liability.

Joint Stock Company (JSC / სს): Suitable for larger companies planning to raise capital from investors.

For most businesses, we recommend the LLC structure due to its liability protection and tax benefits.

Required Documents for LLC Registration

To register an LLC in Georgia, you'll need:

For Georgian Citizens:

• Georgian ID card
• Company charter (provided by us)

For Foreign Citizens:

• Valid passport
• Power of Attorney (if registering remotely)
• Company charter (provided by us)

Note: Documents in foreign languages must be translated into Georgian and notarized.

Step-by-Step Registration Process

Step 1: Choose Your Company Name

Select a unique company name. The name must be in Georgian script (Latin letters can be added as secondary). We recommend checking name availability before your visit to the Public Service Hall.

Step 2: Prepare the Company Charter

The charter should include: company name, registered address, business activities, share capital, founder information, and director appointment. We prepare this document for our clients.

Step 3: Visit the Public Service Hall

Go to any Public Service Hall (House of Justice) in Georgia with your documents. The registration process includes:

• Submitting the application
• Paying the state fee
• Receiving your registration certificate

Step 4: Get Your Tax Identification Number

Upon registration, your company automatically receives a Tax Identification Number (TIN). This is printed on your registration certificate.

Step 5: Open a Bank Account

With your registration documents, open a corporate bank account. Georgian banks typically require: registration certificate, charter, director's passport, and proof of address.

Registration Costs

Official state fees for company registration in Georgia:

Service	Fee (GEL)	Timeline
Standard Registration	100 GEL	1 business day
Express Registration	200 GEL	Same day

Professional service fees for charter preparation, legal consultation, and assistance typically range from 300-500 GEL.

After Registration: Next Steps

Once your company is registered, you should:

1. Choose Your Tax Regime: Decide between the standard tax system or the Estonian model (for companies with turnover over 500,000 GEL annually, the Estonian model is mandatory).

2. Register for VAT (if applicable): VAT registration is mandatory if your annual turnover exceeds 100,000 GEL. You can also register voluntarily.

3. Set Up Accounting: All Georgian companies must maintain accounting records and file tax declarations.

4. Hire Employees (if needed): Register with the tax authority as an employer if you plan to hire staff.

Remote Registration for Foreigners

Can't come to Georgia? No problem. Foreign entrepreneurs can register a company remotely through a Power of Attorney. The process:

1. Issue a Power of Attorney in your home country
2. Apostille the document
3. Send it to your representative in Georgia
4. We handle the registration on your behalf

The entire remote process typically takes 5-7 business days.

Common Mistakes to Avoid

Incorrect Business Activities: Make sure your charter lists all business activities you plan to conduct. Adding activities later requires amendment fees.

Wrong Legal Address: You need a valid Georgian address for registration. Virtual office addresses are acceptable.

Ignoring Tax Obligations: Even with 0% tax on retained earnings, you must file monthly/quarterly tax declarations.

Need Help with Company Registration?

At Modern Consulting, we've helped hundreds of entrepreneurs register companies in Georgia. Our comprehensive service includes:

• Full document preparation
• Registration at Public Service Hall
• Bank account opening assistance
• Tax registration and consultation
• Ongoing accounting support