Is Your Business at Risk? Here’s What You Need to Know
The Georgian Business Re-Registration Deadline is approaching fast, and failure to comply could lead to severe consequences for your company. Under the revised Law of Georgia on Entrepreneurs, all Limited Liability Companies (LLCs) registered before January 1st, 2022, must update their registration documents by April 1st, 2025. If you miss the deadline, your company may face restrictions on essential business operations—or even deregistration.
If your LLC is registered in Georgia, this article will guide you through the required steps and explain how ExpatHub can help simplify the process. Contact us to get started!
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Last updated on February 13th, 2025. Regulations may change, so we recommend checking official sources for the latest updates. If you need assistance, feel free to contact us.
Why This Matters
Under the new regulations, failing to update your LLC’s registration before the Georgian Business Re-Registration Deadline will result in serious limitations, including:
- No ability to change directors.
- Restrictions on selling shares or adjusting ownership structure.
- Inability to update your LLC’s name or legal address.
- No access to the new e-portal for business communication with government authorities.
- In extreme cases, forced liquidation and deregistration of the LLC.
To continue operating smoothly in Georgia, your company must comply with the updated legal requirements.
How to Update Your LLC’s Registration
The re-registration process requires the following steps:
- Convene a General Meeting of Partners. (All LLC partners must hold a meeting to discuss compliance.)
- Approve the new (compliant) Articles of Association.
- Sign the Minutes of the Meeting to confirm the decision.
- Submit the documents to the Public Service Hall (PSH).
This process ensures your LLC complies with Georgian Business Re-Registration requirements and avoids legal restrictions.
How ExpatHub Can Help
Navigating legal paperwork, especially in a foreign language, can be overwhelming. ExpatHub offers comprehensive support to help your business meet the Georgian business re-registration deadline without complications. Our services include:
- Drafting essential bilingual documents.
- Accompanying you to the Public Service Hall, ensuring smooth communication with government officials.
- Handling the entire process remotely if you are outside Georgia (via Power of Attorney).
Our Service Fees
We provide transparent pricing for our re-registration services:
- Base Fee: 1,500 GEL. (Includes preparation of bilingual legal documents and standard PSH fees.)
- Power of Attorney (if applicable): 600 GEL per PoA. (Required if you want us to handle the process on your behalf while you remain abroad.)
Note: If any LLC partners are legal entities (not individuals), additional fees may apply.
Act Now Before the Deadline
With the April 1st, 2025 deadline fast approaching, delaying action could put your business at risk. Ensure your company remains compliant and fully operational in Georgia by starting the process today.
- Email info@expathub.ge
- Provide your company name and ID number.
- Let us know if any directors/shareholders need a Power of Attorney
We’ll take care of the rest, ensuring a hassle-free compliance process. Don’t wait—secure your company’s future today!
