Articles - Open a Company in Georgia

Open a Sole Trader in Georgia

Natural persons who want to start their own business can open a sole trader in Georgia (also referred to as an individual entrepreneur). This structure represents the simplest way of starting a business activity, given that it has basic accounting and reporting obligations. Our consultants, specialized in company formation in…

Open a Business in Georgia as a Foreigner

Law

It's definitely advisable to open a business in Georgia as a foreigner given that foreign investors are welcomed on the local market. The incorporation process is a straightforward one, with quite simple registration steps (but which still need the professional assistance of lawyers or company formation specialists in Georgia). Quick…

Open an SPV in Georgia

Law

An SPV company is beneficial for those looking for asset protection and financial risk minimization. The process of opening an SPV in Georgia is relatively straightforward and includes registering a company and complying with local regulations and tax laws. The SPV has a distinct legal personality and its obligation and…

Fiscal Representative in Georgia

Law

Individuals or entities can appoint a fiscal representative in Georgia who can participate in tax matters on their behalf. This representative will handle various tax-related matters such as: filing VAT returns, communicating with tax authorities, and ensuring compliance with Georgian tax laws. Our company incorporation specialists in Georgia will explain…

Open a Joint Stock Company in Georgia

Law

Investors looking to open a company in Georgia can choose to set up a joint stock company if they intend to perform large business operations. Opening a joint stock company in Georgia offers several advantages, including the ability to raise funds from the public through stock exchanges, limited liability for…

Accounting in Georgia

Law

Investors who plan to open a company in Georgia will need the services of accountants in Georgia to conduct various financial procedures once they start operating the company in this country. The accounting requirements vary depending on the business form that was selected for incorporation. Still, it must be observed that in the case of simpler business structures, such…

Special Permits and Licenses in Georgia

Law

A legal entity performing business activities on the Georgian territory will need to obtain a business license in Georgia issued by the relevant authorities, depending on the specific activities of the respective company. During the procedure of opening a company in Georgia, investors have to verify what types of permits are necessary to conduct certain operations, as prescribed by the…

Open a Financial Company in Georgia

Law

Those who want to open a company in Georgia in the financial sector can have numerous opportunities on a developing market. Investors who plan to open a financial company in Georgia can register it as a banking institution, insurance company, forex business, etc. There are also other types of financial companies that can be set up…

Set up a Cryptocurrency Company in Georgia

Law

Our consultants can help investors conclude the company incorporation procedures specific to the cryptocurrency industry; you can also rely on our team on the formalities of obtaining the cryptocurrency license or finding out the latest cryptocurrency regulations approved by the Georgian authorities. The bitcoin industry in Georgia is developing at a fast pace, as the country created in…

Set up a Trust in Georgia

Law

A trust in Georgia is established as a fiduciary relation between three parties, in which a party grants a trustee the right to manage various assets. In order to open a company in Georgia set up as a trust, the parties will need to conclude a trust document, generally referred to as a trust deed. Our team of company formation representatives in Georgia can…