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Articles

Open an SPV in Georgia

Open an SPV in Georgia

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…
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Fiscal Representative in Georgia

Fiscal Representative in Georgia

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 formation specialists in Georgia will explain…
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Open a Joint Stock Company in Georgia

Open a Joint Stock Company in Georgia

Investors looking to start 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…
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Virtual Zone Status for an IT Company in Georgia

Virtual Zone Status for an IT Company in Georgia

If you own a particular type of IT company set up in Georgia and you have international clients you might profit from a special tax status. This particular status is regulated by Ordinance No4064-RS (15 December 2010) of the Government of Georgia, named "Law of Georgia on Information Technology Zones''.…
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Press

The work of CompanyFormationGeorgia.com was presented in various international business magazines. We present below one of the articles that refer to our services:  Law firms and lawyers in Georgia, presented in Legal 500 "For 29 years now, The Legal 500 has been evaluating the best law companies and lawyers of the world.…
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Business Start-up Costs in Georgia

Business Start-up Costs in Georgia

What are the main procedures that involve costs for opening a Georgian company?   Foreign investors who want to open a company in Georgia will need to pay specific incorporation costs and fees, imposed by the local authorities that will issue various certificates and licenses. The investors will also need to open a corporate bank…
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Company Formation Services in Rustavi

Company Formation Services in Rustavi

Rustavi is one of the main cities in Georgia and the second largest industrial center after the capital city of the country, Tbilisi. Those who want to open a company in Georgia in Rustavi should know that the city is very close to the capital, the distance between the two being of only 25 km. Rustavi has more than 100,000…
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Company Formation Services in Kutaisi

Company Formation Services in Kutaisi

Kutaisi is the second largest city in Georgia, which accommodates approximately 27% of the country’s entire population. Those who want to open a company in Georgia in the city of Kutaisi may start their operations in one of the top economic activities developed here, which are mainly comprised of the services and trade sectors. Other industries which…
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Company Formation Services in Batumi

Company Formation Services in Batumi

With an economic growth estimated at 4.2% for 2018 (up from the previous year) and numerous policies addressed to the business sector, Georgia represents an attractive destination for setting up a company. Batumi, the second largest city of the country, is an appealing destination for starting the procedure of company formation in Georgia, especially in the tourism sector. The incorporation of…
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Company Formation Services in Tbilisi

Company Formation Services in Tbilisi

Foreign businessmen can open a company in Georgia in the capital city of the country, Tbilisi. The city is the main driver for the country’s economy, as most of the business activities are carried out here. At the level of 2017, 72.6% of the country’s turnover derived from business operations developed in Tbilisi and it is important to know that in…
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