Company Registration
Are you considering establishing a company in Georgia? With its business-friendly environment and strategic location, Georgia has become a preferred destination for entrepreneurs and investors. Company Registration in Georgia is a streamlined and efficient process, enabling you to start your business quickly. We'll walk you through the step-by-step process of company registration in Georgia.
Benefits of Company Registration in Georgia
• Strategic Location: Georgia's location at the crossroads of Europe and Asia offers access to a vast market and trade opportunities.
• Favorable Tax Regime: Enjoy a competitive tax system with low corporate tax rates and various tax incentives for businesses.
• Streamlined Company Registration Process : Georgia has simplified business registration and efficient company registration procedures, allowing you to establish your business swiftly. In Georgia you can open Company in one day.
• Business-Friendly Environment: Benefit from a supportive business ecosystem, investor-friendly policies, and simplified regulatory frameworks.
• Growing Economy: Georgia's economy is thriving, offering opportunities in various sectors, including tourism, construction, agriculture, IT, and logistics.
Company Registration Process in Georgia
1. Determine Business Structure:
there are different Types of Companies in Georgia:
Limited Liability Company (LLC), Joint Stock Company (JSC), Official Branch.
• Choose Company based on your business objectives and requirements.
2. Choose a Legal Entity Type
• Determine the most suitable legal entity type for your business, considering factors such as liability, capital requirements, and management structure. In Georgia, the type of legal company LLC is widespread.
3. Reserve a Company Name:
• Check the availability of your desired company name and reserve it with the National Agency of Public Registry (NAPR).
4. Prepare Required Documentation:
• Prepare the necessary documents, including Articles of Association, notarized passport copies, and power of attorney (if applicable).
5. Open a Bank Account:
• Choose a reputable Georgian bank and open a corporate bank account for your company.
6. Obtain Tax Identification Number (TIN) in Georgia:
• TIN application process: Apply for a Tax Identification Number (TIN) for your company from the Revenue Service of Georgia.
7. Tax (VAT) registration in Georgia:
• If your business is eligible, register for Value Added Tax (VAT) with the Revenue Service of Georgia.
Professional Company Registration Services
• Legal and Accounting Support: Seek professional legal and accounting services to ensure compliance with Georgian regulations and tax requirements.
• Residence and Work Permits: Explore options for obtaining residence and work permits in Georgia, if necessary.
• Post-Registration Obligations: Familiarize yourself with post-registration requirements, such as annual reporting and tax filings.
Benefits of Professional Registration assistance:
It's important to note that the specific requirements, regulations, and procedures may vary depending on the chosen legal entity and the nature of the business. It's recommended to consult with legal and professional company registration services, or engage the services of a company registration specialist to ensure compliance and navigate the registration process successfully.
Professional registration assistance offers a wide range of benefits, including expertise, streamlined processes, time savings, increased success rates, and peace of mind. Whether you're registering a business, seeking professional licenses, or pursuing other types of registrations, seeking expert guidance can make the process smoother, more efficient, and ultimately increase your chances of a successful outcome. Contact us today to receive expert Company Registration Services and start your company registration process in Georgia.