An LLC is the most common business form in Georgia. Registration is fast if the documents are prepared correctly.
What you need
- A company name
- Details of the partners and the director
- A charter
- A legal address in Georgia — with the owner's consent
How registration works
The company is registered with the Public Registry, usually within one business day. It is registered as a taxpayer at the same time.
Can a foreigner do it?
Yes. Foreign individuals and companies can be an LLC's sole partner and director. Depending on the country, documents issued abroad may need an apostille or consular legalisation (documents from some countries need neither) and a certified Georgian translation.
After registration
- Opening a bank account
- Setting up accounting and understanding your tax obligations
- Signing a shareholder agreement if there are several partners
Mistakes to avoid
- Using a template charter without adapting it
- Having no written agreement between partners
- Mixing personal and company money
Legal basis
Official texts (in Georgian) — Legislative Herald of Georgia, matsne.gov.ge.
This article is general information and does not replace advice from a lawyer on your specific case.