Company registration in Georgia

Name of service Bronze Silver Gold Platinum
Company name verification and reservation at the Ministry of Labor, Health and Social Affairs of Georgia Verifying the availability and reserving of your preferred company name in the registry
Company registration LTD including government fees Preparation and submission of all required documents and fees to the relevant government authorities for company registration, ensuring a streamlined process for our clients
Support in registration of a tax number in the Revenue Service of the Ministry of Finance of Georgia Assistance in obtaining tax number for your company, which is necessary for accounting and payment of value added tax in accordance with tax requirements
Certificate of incorporation Provision of international standard certificate of incorporation for your company
Company seal Production of the company seal
Statutory documents of the company Preparing a comprehensive package of incorporation documents for any form of company ownership
Assistance in opening a corporate bank account in the payment system Collection, processing and filing of the documents required for opening a corporate account with a payment system, including consultation of appropriate jurisdiction
Assistance in opening a corporate bank account in local bank Pasha Bank Georgia, Bank of Georgia, TBC Georgia Collecting, processing and filing the necessary documents for opening a corporate account with a local bank
Assistance in opening a personal bank account Collection, processing and filing of the documents required to open a personal account, including consultation of appropriate jurisdiction
Support in obtaining a license in the Free Industrial Zone Assistance in choosing and obtaining the necessary license for the business activity
Local director for one (1) year Provision of a Georgia resident director to sign open account with a local bank
Free consultation We offer a free consultation where you can discuss your needs and questions regarding company registration and management. Our experts will be happy to help you understand the process and provide guidance based on your situation. We are happy to answer your questions and help you make an informed decision about the services you need
Total cost
1000 USD 1300 USD 2100 USD 8900 USD
Provision of a legal address for 1 (one) year
600 USD 600 USD 600 USD 600 USD
Remote company registration with transfer of authority
500 USD 500 USD 500 USD 500 USD
Accounting services
250 USD 250 USD 250 USD 250 USD

Special offer

If you will register a company until October 31,
opening a bank account is for FREE

Send a request
6 easy steps to get started
  • 1

    Select your
    preferred jurisdiction

  • 2

    Choose a bank
    that meets your
    company's needs

  • 3

    Pay for our services
    using a convenient
    payment method

  • 4

    Receive all necessary
    corporate documents

  • 5

    Receive details
    for your newly opened
    bank account

  • 6

    We'll deliver the original
    documents directly
    to you

Georgia is a jurisdiction that is well-known and popular among foreign business people. The country occupies a strategic location between Europe and Asia, which provides access to many international markets. This advantage is one of the potential benefits a jurisdiction can offer after opening a firm in Tbilisi or any other city.

Advantages of registering a company in Georgia

Among the advantages of Georgia for doing business are the following:
  • stable economic environment;
  • modern infrastructure;
  • developed banking sector;
  • availability of free industrial zones (FIZ);
  • preferential terms of doing business with many countries, including EU states;
  • the absence of currency controls;
  • availability of double taxation avoidance agreements;
  • ease of obtaining a residence permit.

Forms of doing business in Georgia

If you plan to start a business in Georgia, you should choose the most appropriate option:
  • A limited liability company is the most popular form of business in Georgia, which implies limited financial and legal responsibility of its participants, exclusively within the limits of their contributions to the enterprise. A company can be registered even by a single person, including non-resident and legal entities, but the number of participants should be at most 50. The company is suitable for small and medium-sized businesses.
  • Joint-stock company - the company is suitable for larger businesses to attract large amounts of financing. The company's shares can be freely offered to third parties, including a listing on the stock exchange, provided that the formal requirements of the financial laws are met. The liability of shareholders is always limited to the number of shares they own, and the number of shareholders is not limited.
  • A branch is an option available to a foreign company and involves a simple registration procedure without obtaining the status of a legal entity. A branch can carry out the same activities on the territory of Georgia as the parent company abroad with minimal financial expenses.
  • A representative office is an option for a foreign company wishing to test local market opportunities before investing considerable sums. A representative office does not have the status of a legal entity and cannot conduct business in the territory of Georgia. But a representative office can explore local markets and promote goods/services of a foreign company.

Company registration procedure in Georgia

In Georgia, you can create a company by going through a series of interrelated steps:
  1. Selecting the appropriate legal entity for the type of business and the anticipated volume of operations.
  2. Selecting a unique name for the future Georgian company.
  3. Collecting and arranging information on the future company's founders, beneficiaries, and managers.
  4. Preparation and registration of an official address for the company.
  5. Forming and execution of constituent documents and registration forms.
  6. Paying the required registration fees and submitting the package of documents to the registrar for review. Entry of information about the new legal entity in the Public Registry of Companies of Georgia in case of a favorable decision on the issue.
  7. Registration to pay taxes and mandatory social contributions.
  8. Opening a corporate bank account for the new company.
  9. Registration of additional licenses and permits for certain regulated activities.

Legislation and regulatory environment

Georgia has created a very favorable environment for business, facilitated by zero tolerance for corruption. The country has relatively simple rules for setting up a business - it's possible to set up a company here within two weeks. There is no significant bureaucracy involved. However, licenses will still be required to carry out certain activities. There are also free industrial zones in the territory of Georgia. Companies registered and operating in the FIZ are tax residents of the country, but their activities are not taxed. Therefore, they can carry out commercial activities under the most simplified accounting rules. The banking system of the jurisdiction is very flexible. Local banking laws are adapted to the EU standards. As a result, the rules for opening accounts in Georgia are less bureaucratic. Foreign entrepreneurs can also count on the confidentiality of banking information.

Georgia's tax system

If you are considering registering a company in Georgia, the decision should be considered along with the following nuances of taxation that apply in the country:
  • Corporate tax (on profit distribution)* - 15%
  • PIT - 20%
  • VAT - 18%
  • Withholding tax (for non-residents) - (1) dividends - 5%, (2) interest - 5%, (3) royalties - 5%
  • Capital Gains Tax - (1) corporate - see corporate tax, (2) individual - see personal income tax (in some cases, a reduced rate of 5% applies).
*Profits not distributed to shareholders are not subject to corporate tax.

How can the specialists of Prifinance can assist

If there is a request for registration of a business in Georgia, the lawyers of Prifinance are ready to assist in its practical implementation, including through the following legal services:
  • assess the feasibility and potential profitability of the option of registering a business in Georgia, as well as offer equally profitable alternatives;
  • develop an individual plan for registering a new Georgian company;
  • collect and prepare all necessary documents for company registration;
  • handle negotiations with representatives of local authorities and banks;
  • help solve any issues that may arise during subsequent activities of the newly established enterprise.
There are more than 11,000 completed cases in the portfolio of Prifinance lawyers. Therefore, specialists are ready to apply this experience to implement an individual plan of registration and business conduct within the framework of a new business project.

Cooperation

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I NI N
10:31 20 Mar 24
Collaborated with the company for 3 years. I can’t say that everything was smooth from the point of view of organizing the work; there was confusion in the structure of the work, etc. But I’ll specifically highlight employee Lyubov Malinowski, she very diligently corrected all errors and was in touch at the right time, her help was significant in all processes and she approached all issues precisely. I would like to separately highlight the moment when she solved the problem at her own expense, which speaks of the person’s professionalism and increased responsibility.
K NK N
11:40 01 Mar 24
As a software development crew at FewMoreTaps OÜ, we've had the pleasure of working with Prifinance on some key financial moves.First of all, navigating the world of corporate banking and finance can be a maze, but Prifinance made it feel like a walk in the park. They helped us set up a corporate bank account without the hassle of jumping on a plane or drowning in paperwork. Everything was done remotely, smoothly and securely.But that's not all. We had a slightly time-sensitive situation when it came to changing the beneficiary details on our account. Prifinance stepped up to the plate and handled everything quickly and professionally.It's not just about getting the job done. It's about how Prifinance does it. They're all about making complex financial matters simple and accessible for companies like ours. Plus, their team, especially Liubov Malinowski, has been nothing short of fantastic to work with - professional, timely and always on the ball.In short, FewMoreTaps OÜ wholeheartedly endorses Prifinance OÜ. Whether it's opening bank accounts remotely or navigating the financial legalities of running an international business, these guys have got your back. A big thank you to the entire Prifinance team for their first class support and expertise.Here's to more collaborations in the future!Best,Kiryl Nest
Mina KedisMina Kedis
18:10 23 Feb 24
I had their assistance in company registration and I would recommend them. They were answering all my clarification during the process and offering all their supportThank you Daniel and Irinia
Róbert KnapecRóbert Knapec
15:08 22 Feb 24
We found PRIFINANCE COMPANYvia the Internet and asked for help in organizing the opening of their company in Estonia. PRIFINANCE COMPANY specialists helped us a lot with this. Their professional, competent approach and knowledge of their business left us with only the best impressions.
Anna AnnaAnna Anna
13:33 07 Feb 24
I'm thrilled with my experience with PriFinance! They helped me obtain a crypto license in Estonia without any hassle. The team was super understanding and always available to answer my questions and assist. It was great to see how they put effort into preparing the documents to ensure everything went smoothly. I'm delighted with the outcome and highly recommend PriFinance to anyone looking to get a license stress-free!
Opening an account with Prifinance in a Swiss bank was such an easy and quick process that I was shocked. It all started with the first call, where I received detailed guidance on the required documents and the entire procedure.One of the key highlights was their attention to detail. As someone who usually gets tangled up in paperwork, I was pleasantly surprised when they sent me all the documents and instructions clearly and neatly. No misunderstandings!Honestly, I expected opening a Swiss bank account to be complex and time-consuming, but thanks to Prifinance, I felt like a professional financial expert. Thank you for making this process so easy and enjoyable!
Maria Jose SantomeMaria Jose Santome
20:39 13 Dec 23
I recently had the pleasure of working with Boris.. and I must say, it was a fantastic experience. Boris went above and beyond to assist me with my residency needs. His professionalism, knowledge, and dedication truly stood out. I highly recommend working with Boris and the team!
Valon StatovciValon Statovci
12:43 27 Nov 23
I used Prifinance to help me with a new corporate structure. The team were helpful and communicated well from the initial onboarding with Daniel to case handling by Karmen. They also responded to additional requests post incorporation very quickly, Thank you and would work with them again
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