A foundation in Georgia is a non-governmental and non-profit corporation that engages in various activities meant to give back to the community or help individuals in various ways. The Republic of Georgia is an increasingly attractive business destination, not only because of its geographical position, but also because of the transformations it…
Opening a restaurant can be an attractive idea for starting a business in Georgia, as the tourism in this country is steadily developing. The catering sector is a solid market in this country and investors often choose to open a company in Georgia operating as a catering unit. The business options in this gastronomic industry are numerous and business…
Opening a recruitment company in Georgia is a straightforward process. It involves complying with the legal requirements, preparing the statutory documents, and registering with relevant authorities. We can assist in the entire company formation procedure and we also offer support in conforming with the local labor laws. The employment market…
Taxes are an important aspect in the management of any business in Georgia. Business owners need to comply with the tax rates, the deadline for the annual filing and payment and also with the taxes for individuals. A good tax management plan is indispensable to the wealth strategy. Tax minimization in…
Investors who want to own a business in Georgia, but who do not want to open their own company can purchase a shelf company in Georgia. This company is essentially a legal entity that has been incorporated and has all of its documents in order, but has not had any activity. Therefore, the…
Georgia is an attractive country for foreign investors and one of the most sought investment options entrepreneurs have in this country is to open a holding company. This type of company offers a number of advantages when compared to a limited liability company, for example. The holding company will allow its founder to purchase…
Due to its geographical position, Georgia has a long tradition in developing import and export operations. The country is located between the Western and the Eastern worlds, and has important terrestrial roads and well as maritime routes. Georgia has had over the year numerous types of investment policies that aimed at attracting foreign investors, but in the…
Georgia has a standard VAT rate of 18% that applies to certain taxable transactions, depending on the business field and the commercial activity of the Georgian company. The value added tax (VAT) is just one of the applicable taxes for companies in Georgia and certaintaxpayers in the country must be registered for VAT purposes. The registration for VAT can be voluntarily…
A liaison office in Georgia is a good investment option for those foreign investors who want to test the available market by doing the necessary research and engaging with their potential customers prior to starting a business activity in Georgia. The liaison office provides certain advantages and it can be used as an intermediary between the Georgian…
The shareholder of a Georgian subsidiary is represented by the foreign company that decides to operate in a foreign market through this business form. Unlike the branch, this type of business form gives the foreign company the possibility to detach itself from the liabilities of its subsidiary. The foreign parent company will thus establish its presence in Georgia by incorporating…
