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…
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…
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…
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…
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…
The level of taxation applicable by the Georgian authorities represent one of the most advantageous in its region. Georgia benefits from low taxes, applicable to both companies and natural persons. It is important to know that the country applies only few types of taxes compared to other countries and it can also offer attractive tax regimes for foreign businessmen interested in…
Poti is the first free industrial zone in Georgia developed by an investment authority from the United Arab Emirates in collaboration with the Georgian government. Investors who set up a Poti free zone company in Georgia enjoy certain tax benefits, a great location and other business opportunities. The city of Poti is a port in Georgia with access to the Black…
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…
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 certain taxpayers in the country must be registered for VAT purposes. The registration for VAT can be…
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…
