{"id":298,"date":"2023-04-18T10:04:30","date_gmt":"2023-04-18T10:04:30","guid":{"rendered":"https:\/\/companyformationgeorgia.com\/?p=298"},"modified":"2023-04-18T10:04:33","modified_gmt":"2023-04-18T10:04:33","slug":"company-formation-services-in-batumi","status":"publish","type":"post","link":"https:\/\/companyformationgeorgia.com\/company-formation-services-in-batumi\/","title":{"rendered":"Company Formation Services in Batumi"},"content":{"rendered":"\n<p>With an economic growth estimated at\u00a0<strong>4.2% for 2018<\/strong>\u00a0(up from the previous year) and numerous policies addressed to the business sector,\u00a0<strong>Georgia<\/strong>\u00a0represents an attractive destination for\u00a0<a href=\"https:\/\/www.companyformationgeorgia.com\/company-register-in-georgia\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>setting up a company<\/strong><\/a>.\u00a0<strong>Batumi<\/strong>, the<strong>\u00a0second largest city<\/strong>\u00a0of the country, is an appealing destination for starting the procedure of\u00a0<strong>company formation in Georgia<\/strong>, especially in the<strong>\u00a0tourism sector<\/strong>.<\/p>\n\n\n\n<p>The&nbsp;<strong>incorporation of a legal entity in Batumi<\/strong>&nbsp;is completed following the legislation on the matter available at a national level;&nbsp;<a href=\"https:\/\/www.companyformationgeorgia.com\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>our team of consultants in company registration in Georgia<\/strong><\/a>&nbsp;can assist foreign businessmen in all the procedures involved in this case, and can help investors in&nbsp;<strong>choosing a suitable business address<\/strong>&nbsp;in this city.&nbsp;<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_64 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/companyformationgeorgia.com\/company-formation-services-in-batumi\/#choosing-a-legal-entity-in-batumi-georgia\" title=\"Choosing a legal entity in Batumi, Georgia&nbsp;\">Choosing a legal entity in Batumi, Georgia&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/companyformationgeorgia.com\/company-formation-services-in-batumi\/#register-a-bank-account-for-a-georgian-company\" title=\"Register a bank account for a Georgian company&nbsp;\">Register a bank account for a Georgian company&nbsp;<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"choosing-a-legal-entity-in-batumi-georgia\"><\/span><strong>Choosing a legal entity in Batumi, Georgia&nbsp;<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Prior to starting the procedure of&nbsp;<a href=\"https:\/\/www.companyformationgeorgia.com\/company-act-georgia\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>opening a company in Georgia<\/strong><\/a>, the investors should verify the main eligibility conditions imposed to foreigners. Then, the main aspect that should be discussed by the future investors is the&nbsp;<strong>legal entity&nbsp;<\/strong>under which they will operate on the local market.<\/p>\n\n\n\n<p>As prescribed by the&nbsp;<strong>commercial legislation<\/strong>, foreign businessmen can set up one of the following&nbsp;<a href=\"https:\/\/www.companyformationgeorgia.com\/companies-types-georgia\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>business forms<\/strong><\/a>:<\/p>\n\n\n\n<p>\u2022 <strong>individual entrepreneur<\/strong>;<\/p>\n\n\n\n<p>\u2022<strong> cooperative<\/strong>;<\/p>\n\n\n\n<p>\u2022 <strong>general partnership<\/strong>;<\/p>\n\n\n\n<p>\u2022<strong> limited partnership<\/strong>;<\/p>\n\n\n\n<p>\u2022<strong> joint stock company<\/strong>;<\/p>\n\n\n\n<p>\u2022<strong> <a href=\"https:\/\/www.companyformationgeorgia.com\/open-a-limited-liability-company-in-georgia\" target=\"_blank\" rel=\"noreferrer noopener\">limited liability company<\/a><\/strong>&nbsp;(the most popular way of<strong>&nbsp;starting a business in Georgia<\/strong>).&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"register-a-bank-account-for-a-georgian-company\"><\/span><strong>Register a bank account for a Georgian company&nbsp;<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Any<strong>&nbsp;commercial company set up in Georgia&nbsp;<\/strong>is required to have a&nbsp;<a href=\"https:\/\/www.companyformationgeorgia.com\/opening-a-bank-account-in-georgia\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>corporate bank account<\/strong><\/a>, registered with any&nbsp;<strong>commercial bank<\/strong>&nbsp;operating in&nbsp;<strong>Batumi<\/strong>. The overall cost of the procedure depends on the&nbsp;<strong>bank<\/strong>&nbsp;with which the investors will collaborate, but all<strong>&nbsp;financial institutions<\/strong>&nbsp;will ask for the same&nbsp;<strong>company\u2019s documents<\/strong>&nbsp;and&nbsp;<a href=\"https:\/\/www.companyformationgeorgia.com\/about-us\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>our representatives<\/strong><\/a>&nbsp;can assist with in-depth information on this matter.&nbsp;<\/p>\n\n\n\n<p>In this sense, a&nbsp;<strong>bank<\/strong>&nbsp;can require a<strong>&nbsp;signature sample from<\/strong>&nbsp;the<strong>&nbsp;company\u2019s directors<\/strong>, as well as the<strong>&nbsp;identification documents<\/strong>&nbsp;of the investors. It is also mandatory to provide the<strong>&nbsp;company\u2019s tax registration certificate<\/strong>, a document which will be issued by the local authorities prior to starting this particular procedure.&nbsp;<\/p>\n\n\n\n<p>Furthermore, all&nbsp;<strong>companies<\/strong>&nbsp;have to<strong>&nbsp;register for&nbsp;<a href=\"https:\/\/www.companyformationgeorgia.com\/taxation-in-georgia\" target=\"_blank\" rel=\"noreferrer noopener\">tax<\/a>&nbsp;purposes<\/strong>&nbsp;and for&nbsp;<strong>social security<\/strong>, procedures that will be completed in a specific order.&nbsp;<\/p>\n\n\n\n<p>Investors are invited to&nbsp;<strong><a href=\"https:\/\/www.companyformationgeorgia.com\/contact\" target=\"_blank\" rel=\"noreferrer noopener\">contact<\/a>&nbsp;our team of specialists in company registration in Georgia<\/strong>&nbsp;for consultancy services concerning the&nbsp;<strong>incorporation&nbsp;<\/strong>of a<strong>&nbsp;legal entity in Batumi<\/strong>.&nbsp;&nbsp;<\/p>\n\n\n\n<p>It is a good idea to&nbsp;<strong>set up a company in Georgi<\/strong>a, as it offers one of the simplest registration procedures that is regulated at a global level. According to the World Bank,&nbsp;<strong>Georgia&nbsp;<\/strong>appears to be the 2nd destination at a global level when measuring the procedures required for the incorporation of a company.&nbsp;<\/p>\n\n\n\n<p>It also has very good results in other matters that are of interest for foreign investors, such as the protection of minority investors.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With an economic growth estimated at\u00a04.2% for 2018\u00a0(up from the previous year) and numerous policies addressed to the business sector,\u00a0Georgia\u00a0represents an attractive destination for\u00a0setting up a company.\u00a0Batumi, the\u00a0second largest city\u00a0of the country, is an appealing destination for starting the procedure of\u00a0company formation in Georgia, especially in the\u00a0tourism sector. The&nbsp;incorporation of a legal entity in Batumi&nbsp;is [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":62,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[135,136,11],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Company Formation Services in Batumi<\/title>\n<meta name=\"description\" content=\"Our team of specialists in company registration in Georgia can assist foreign investors in setting up a company in Batumi.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/companyformationgeorgia.com\/company-formation-services-in-batumi\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" 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