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 company formation in Georgia, investors have to verify what types of permits are necessary to conduct certain operations, as prescribed by the local…
The fast moving consumer goods (FMGC) sector in Georgia is a developed field of activity, mainly comprised of grocery and non-grocery companies. Investors who are interested in starting the procedure of company registration in Georgia in the FMCG field should take into consideration that the grocery sub-sector is the most developed one, as numerous companies expand their activities due to the local…
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…
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…
Prior to opening a shop in Georgia, the company’s representatives should take care of specific aspects related to the identity of the shop, the business licenses that might be required, the legal documents that must be concluded and other relevant matters. In order to open a company in Georgia which performs business activities as a shop, the investors will…
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…
Georgia can represent the ideal location for starting an information technology (IT) company, as the field has been developing at a fast pace in the last years. Investors interested in opening a company in Georgia in the IT sector should know that at the level of 2009, only 20% of the population had internet access and only few…
Georgia is an attractive business destination, as it serves as a connection market between Europe and Asia. Numerous business fields have increased their activities and investors who want to open a company in Georgia may start a business here by buying a company that is available for purchase. As a general rule, this type of company is known as…
The Georgian investment fund market is not as developed as the ones available in the European Union, but the latest efforts of the Georgian authorities are changing many aspect of the business and financial market, as more and more programmes are available for foreign investors, providing attractive policies. The investment fund legislation in Georgia has recently…
The Georgian Government enacted regulations and taxes regimes attractive for foreign investors, as the Georgian market has the potential of economic growth due to its perfect location, situated at the shortest access way from Europe to Asia. Georgia is actively seeking to enhance European business and social values and, in 2014, it had signed the Deep…