Business (LLC) Registration
Limited Liability Company (LLC) Registration
Get a flat tax rate of 15% Corporate, 5% on dividends, & 20% on local salaries (withholding) by opening your company in Georgia. Read more about Georgian LLCs here.
Our complete business (LLC) registration service will get you set up quickly and professionally. We'll help you easily avoid translation problems and navigate the pitfalls of Georgian law to complete your business registration without potential legal headaches in the future.
We include a dual language Articles of Association, which is required to register with Georgian authorities.
Note: If you are a sole proprietor who expects to be a tax resident of Georgia, you may qualify for the Small Business Status (1%) tax rate. Click here to learn more.
From:
₾1500 GEL
Approx. 550 USD (+VAT when applicable)
Key Benefits of A Georgian LLC
No annual profit tax
Profit tax (15%) is ONLY levied when profits are distributed to shareholders. Meaning you can reinvest profits within the company indefinitely and pay no profit tax.
0% VAT on most foreign services
If your clients/customers are based outside Georgia: All B2B client services are exempt. B2C is also exempt if rendered electronically. (Exemptions apply, so consult our tax advisor)
No residency needed
Directors and shareholders do not have to be Georgians or even visit Georgia. We can open the LLC for you fully remotely.
Zero capital investment & no annual renewal
Open an LLC without putting down any capital. One time registration.
Limited liability
Shareholders will not be personally liable for debts if the company goes bankrupt or is sued.
Multiple shareholders
One or more shareholders can own an LLC. Both individuals and legal entities (foreign or Georgian) can be shareholders.
Requirements for Opening a Georgian LLC
To Apply In Person:
To Apply Remotely:
Instead of original passports, a copy of the passports for all directors and shareholders and a Power of Attorney issued by all directors and shareholders. Both need to be notarized and Apostilled/legalized.
* Note: The business does not need to operate from the legal address location.
Standard LLC
₾1500 GEL
+VAT (if applicable)
When all shareholders and directors are natural persons
Georgian Subsidiary
₾2100 GEL
+VAT
When at least one shareholder or director is a Georgian legal entity
Foreign-Owned Subsidiary
₾2755 GEL
+VAT (if applicable)
When at least one shareholder or director is a foreign legal entity
How long does it take to register a business?
Usually, the registration takes up to 1 business day and involves a visit to the Public Service Hall.
In case of remote registration, you also have to account for notarization and Apostille/legalization of the Power of Attorney and a copy of your passport.
Do I need a Georgian business bank account?
Legally, you don't need a Georgian business bank account. You can use a local or foreign bank account. You can also use Wise, Revolut, Payoneer, or other similar international financial service providers.
However, having a Georgian bank account also makes paying taxes easier.
Can I open my LLC remotely with a Power of Attorney (PoA)?
Usually, the registration takes up to 1 business day and involves a visit to the Public Service Hall.
In case of remote registration, you also have to account for notarization and Apostille/legalization of the Power of Attorney and a copy of all directors' and shareholders' passports.
When is VAT due on my business income? What transactions are VATable?
VAT registration is mandatory if gross VATable turnover exceeds 100,000 GEL in any 12-month period. Once VAT registered, 18% VAT must be collected on all VATable transactions.
Non-VATable sales to foreign clients/customers do not count towards this threshold. They also remain non-VATable even once VAT registered.
With limited exceptions, sales of services (including SaaS) which are electronically rendered and provided to customers outside Georgia and not physically present in Georgia will be non-VATable.
All B2B (business-to-business) service transactions between a Georgian business and a non-Georgian business located outside Georgia are entirely VAT-exempt.
These are not the only non-VATable transactions. Read more about what is VAT exempt here.
Do I have to renew the registration annually?
No. Business registration in Georgia is indefinite, and there are no annual renewal fees or procedures.
What about the 1% tax rate?
The 1% tax rate (on turnover) is a legal option for sole proprietors with a turnover of less than 500,000 GEL (approx. 200,000 USD) per tax year. To be eligible, you should not violate any of the conditions that would invalidate the status (such as being an employee rather than a sole proprietor, or being a consultant, etc.).
The 1% tax rate:
- Does not constitute a legal entity and does not allow for multiple directors/shareholders.
- Does not give you any liability protection, whereas an LLC does.
Click here to learn more about the Small Business Status (1% tax rate).
NOTE: Prices may vary if you have non-standard needs.
Optional Add-Ons
Virtual Office / Address Packages
For Georgian business owners who need a legal address and/or reception.
Get a Tbilisi virtual address or a Tbilisi virtual office (and reception). Available to anyone with a registered business or planning to open a business in Georgia. If you are a foreign company in need of a Georgian address, please contact us for more information and describe your requirements.
Custom Business Structures
Looking to register a business that is a little bit outside the box?
If your business and tax structure have legal question marks, let our experts navigate Georgian tax law to build you a custom structure that will never leave you exposed. Discover creative solutions to novel tax problems and let us help you find the best tax outcome possible for your business.
Get a free consultation below and we'll analyze your case and get you a custom price.
Key Tax Information for LLCs
Note: If you are a sole proprietor who expects to be a tax resident of Georgia, you may qualify for the Small Business Status (1%) tax rate. Click here to learn more.
* If employees are Georgian permanent residents or citizens, an additional 2%+2% for pensions. Employees can be from Georgia or elsewhere. Foreign employee tax situations may vary.
International Standard, Local Pricing
Why ExpatHub?
Starting life in a new country is confusing. We know because we faced all the same challenges you will, when we first moved here. But we solved those challenges and hired a team of expert, bilingual accountants and lawyers to help you get set up in Georgia, easier than ever before.
One-Stop-Shop
All Your Legal, Tax, Relocation, Business, Immigration & Accountancy Needs Solved In One Place.
ONLY English-Speaking Staff
Native English Speaking, Or Fluent Bilingual. Your Questions Will Never Be Lost In Translation.
No “Tourist Tax”
Fair, Transparent Pricing For Foreigners.
International Standards
We Bring An International Level Of Service, Logic, Resourcefulness, Confidentiality & Data Protection To All Our Services In Georgia.
Honest, Fact Checked Advice
We Provide Creative, Tailored Solutions Which Will Never Leave You Exposed.
