Georgia Company Formation
Georgia Company Formation. Your Gateway to Secure, Private, and Tax-Efficient Georgian Business Main Characteristics and the basic rules of Company registration in Georgia
Georgia has rapidly emerged as one of the most business-friendly jurisdictions in the Caucasus region, offering strategic access to Europe, Asia, and the Middle East. With low corporate taxes, a transparent legal framework, and simple incorporation procedures, Georgia is an ideal location for company formation, asset management, and international trade.
If you are a non-resident seeking a reliable base, Georgia company formation with BRIS Group provides full compliance, efficiency, and expert guidance from start to finish.
Why Choose Georgia for Company Formation?
Georgia offers a modern legal system, flexible corporate structures, and investor-friendly policies. Its low tax rates, fast registration processes, and strategic geographic position make it a preferred choice for startups, SMEs, and international holding companies.
🔍 Need expert guidance?
Our specialists will help you select the most suitable corporate structure and ensure your Georgian company meets local and international legal standards.
Key Highlights of Georgia Company Formation
|
Aspect |
Details |
|
Legal Structure |
Limited Liability Company (LLC / შპს) or Joint Stock Company (JSC / ამს) |
|
Tax Status |
Corporate tax 15%; small business and IT incentives available |
|
Ownership |
100% foreign ownership permitted |
|
Registration Authority |
National Agency of Public Registry (NAPR) |
|
Typical Formation Time |
1–5 business days |
|
Minimum Shareholder(s) |
One (individual or corporate) |
|
Minimum Director(s) |
One (resident or non-resident) |
|
Registered Office |
Mandatory local address |
|
Confidentiality |
Shareholders and directors are publicly registered; nominee services available |
Advantages of Georgia Company Formation for Non-Residents
|
✅ Advantage |
💬 Description |
|
Low Corporate Tax |
Standard 15% corporate tax, with zero taxation for small businesses under simplified regimes. |
|
Fast Incorporation |
Company registration can be completed in as little as 1–5 business days. |
|
Full Foreign Ownership |
100% foreign ownership allowed in most sectors. |
|
Strategic Location |
Access to Europe, Asia, and the Middle East. |
|
Simplified Legal Framework |
Clear corporate laws and investor protections. |
|
Affordable Maintenance |
Low annual compliance and reporting costs. |
|
Business-Friendly Environment |
Incentives for IT, export, and free industrial zones. |
Considerations Before Registering a Georgian Company
|
⚠️ Potential Challenge |
💬 Explanation |
|
Public Register |
Shareholder and director information is publicly accessible; privacy can be enhanced via nominee services. |
|
Reporting Requirements |
Annual reporting and tax filings required; simplified regimes may reduce obligations. |
|
Banking Requirements |
Corporate bank accounts may require proof of business activities and due diligence. |
|
Compliance Standards |
Companies must comply with Georgian AML/KYC rules and corporate legislation. |
Types of Companies for Non-Residents in Georgia
- Limited Liability Company (LLC)
Most popular structure for SMEs. Suitable for trading, service provision, holding structures, and small-scale operations.
- Joint Stock Company (JSC)
Ideal for larger businesses or companies planning to raise capital publicly. Requires higher share capital and stricter compliance.
- Branch of a Foreign Company
Allows foreign companies to operate in Georgia without creating a separate legal entity, mainly for representative or trade purposes.
Requirements for Georgia Company Registration
To register a Georgian LLC or JSC, you will need:
- Proposed Company Name: Must be unique and comply with Georgian regulations.
- Registered Office: Local address required.
- Director(s) and Shareholder(s): Minimum one of each (resident or non-resident).
- Identification Documents: Certified passport copies and proof of address.
- Share Capital: Minimum GEL 1 for LLC, higher for JSC depending on type.
- Description of Business Activities: General or specific business purpose.
- Founding Documents: Charter/Articles of Association prepared during incorporation.
Step-by-Step Guide to Georgia Company Formation
Step 1: Initial Consultation
We assess your goals and recommend the best structure for tax efficiency and compliance.
Step 2: Name Reservation
Your company name is checked and reserved with the National Agency of Public Registry.
Step 3: Document Preparation
We draft the Charter/Articles of Association and collect KYC documentation.
Step 4: Registration Filing
All documents are submitted to the National Agency of Public Registry (NAPR).
Step 5: Company Registration
Within 1–5 business days, your Georgian company is officially registered.
Step 6: Bank Account Opening
We assist in opening a local or international corporate bank account.
Step 7: Post-Incorporation Support
Ongoing compliance, reporting, and optional nominee services are managed by BRIS Group.
Timeframe for Georgia Company Formation
|
Task |
Estimated Duration |
|
Company Name Approval |
1 day |
|
Incorporation & Certificate Issuance |
1–5 business days |
|
Bank Account Setup |
1–3 weeks (depending on bank) |
How BRIS Group Can Help You
BRIS Group specializes in Georgia company formation for non-residents, delivering a seamless, compliant, and discreet setup experience.
Our Services Include:
✅ Corporate structure consultation
✅ Name registration and legal compliance
✅ Articles of Association/Charter preparation
✅ Registered Office & Agent services
✅ Nominee director/shareholder services (optional)
✅ Bank account opening assistance
✅ Tax and compliance guidance
✅ Annual renewal and reporting services
💬 Partner with BRIS Group to simplify your Georgian company formation. We handle all legal and administrative tasks while you focus on growing your business.
Why Choose BRIS Group for Georgia Company Formation?
|
🌟 Our Strengths |
💬 Your Benefits |
|
Proven Expertise |
Years of experience in Georgia and Eastern Europe company formation. |
|
Fast Turnaround |
Quick incorporation and document delivery. |
|
Confidential Service |
Professional handling of sensitive data. |
|
Regional Expertise |
Guidance for cross-border entrepreneurs in Europe and the Caucasus. |
|
Ongoing Support |
Assistance with compliance, reporting, and annual renewals. |
Start Your Georgian Company Today
Georgia offers low taxes, fast incorporation, and a business-friendly environment, making it an excellent base for international entrepreneurs.
📞 Contact BRIS Group today for a free consultation on Georgia company formation.
Our experts will guide you from registration to ongoing compliance, ensuring your company operates legally and efficiently.
📧 Email: [email protected]
💬 Get a free consultation and start your Georgian company formation with confidence.
Related Pages
Questions & Answers
1. What is Corporation Tax in Georgia?
Corporation Tax in Georgia is set at a flat rate of 15%. This tax applies to profits earned by resident companies. Notably, Georgia has a unique deferred tax system on reinvested profits, allowing businesses to defer tax on profits that are not distributed as dividends.
2. What is the tax rate on dividends in Georgia?
Dividends paid to both resident and non-resident individuals are subject to a 5% tax. This relatively low rate makes Georgia an attractive destination for investors looking at dividend distributions.
3. How is Income Tax structured in Georgia?
Income Tax in Georgia is progressive, with a flat rate of 20% applied to monthly income exceeding 2,000 GEL. Income below this threshold is not taxed, promoting higher disposable incomes among lower earners.
4. What is the VAT rate in Georgia?
Value Added Tax (VAT) in Georgia is set at 18%. This tax applies to goods and services sold within the country. Certain goods may be exempt from VAT or subject to reduced rates, enhancing business competitiveness.
5. Are there other taxes in Georgia?
Yes, Georgia features various taxes, including property tax (assessed annually), excise tax on specific goods (like alcohol and tobacco), and environmental fees. Additionally, there are specific business licenses and permits that may incur fees depending on the nature of the business activity.
This FAQ provides a foundational understanding of the tax system in Georgia, facilitating informed decision-making for businesses and investors.
Learn more: Visit our
Full Company Formation FAQ page
or contact our tax and company formation team at[email protected]
What are the benefits of forming a company in Georgia for non-residents?
Forming a company in Georgia offers several advantages for non-residents. The country has a favorable business climate, low corporate tax rates (15%), and simple registration procedures. Additionally, Georgia’s strategic location serves as a gateway between Europe and Asia, providing access to important markets. The country also has free trade agreements with multiple countries and offers full foreign ownership of businesses.
What types of companies can non-residents establish in Georgia?
Non-residents can establish various types of companies in Georgia, including Limited Liability Companies (LLCs), Joint Stock Companies (JSCs), and Sole Proprietorships. LLCs are the most common choice due to their flexible structure and limited liability for owners. Each type of company has specific requirements regarding registration, management, and taxation, so it’s essential to choose the one that best suits your business needs.
What is the process for non-residents to register a company in Georgia?
The process for registering a company in Georgia for non-residents involves several clear steps. First, you must choose a unique company name and prepare the necessary documentation, including your passport and proof of address. Next, you need to file the registration application with the National Agency of Public Registry. The process is typically completed within a few days, and you will receive your company registration certificate.
Are there any minimum capital requirements for starting a business in Georgia?
Georgia has minimal capital requirements for most types of companies. For a Limited Liability Company (LLC), there is no minimum capital requirement, while a Joint Stock Company (JSC) requires a minimum capital of 100 GEL (approximately 30 USD). This makes it accessible for non-residents to start a business without significant financial investment.
Do non-residents need to hire a local representative to start a company in Georgia?
No, non-residents do not need to hire a local representative to establish a company in Georgia. However, having a local legal counsel or a trusted advisor can be beneficial for navigating local regulations, tax laws, and ensuring compliance with all requirements. This can help streamline the process and avoid potential pitfalls during the company formation.
What are the tax obligations for companies in Georgia?
Companies in Georgia are subject to a flat corporate tax rate of 15%. However, the income earned by a company is taxed only when distributed as dividends. Additionally, there are various incentives and exemptions available, such as those applicable in Free Industrial Zones. Understanding the tax obligations is crucial for effective financial planning and compliance.
Full Company Formation FAQ page
or contact our tax and company formation team at