LLC Registration in Georgia for Foreign Founders

LLC or Individual Entrepreneur?

Unsure? We recommend the structure on the free call. IE registration →

How Georgian company tax works

• No tax on retained profit. Georgia uses a distributed-profit model: the 15% profit tax applies only when you pay profit out.
• Dividends to individuals: 5%.
• Salaries: 20% income tax withheld, plus 2% pension contribution from the employee and 2% from the employer.
• VAT: registration is required once VAT-able turnover exceeds GEL 100,000 in any 12 months. Services supplied to foreign clients are generally outside Georgian VAT.

How registration works

1. Free call. We agree the structure, the shareholders, the director and the business activities.
2. Documents. We draft the charter in Georgian and English, plus the power of attorney.
3. Notary and apostille. Shareholders and directors sign the power of attorney where they live and have it apostilled or legalised.
4. Registration. We register the company at the Public Service Hall with its legal address; the tax ID is issued at the same time.
5. Tax setup. We open the rs.ge account and, if needed, register for VAT.
6. Next steps. Bank account, Virtual Zone application, accounting.

What you need

• Passports of all shareholders and directors (notarised, apostilled copies for remote registration)
• Power of attorney signed by each of them
• For a corporate shareholder: its registration documents, apostilled and translated
• A legal address in Georgia (we can arrange one)
• The company name and a description of its activities

What is included (basic package, from $600)

• Company setup: structure and charter
• All paperwork, in Georgian and English
• Legal address in Georgia
• Registration at the Public Service Hall
• rs.ge taxpayer account activation

After registration

An LLC files monthly declarations with the Revenue Service, including in months with no activity, and keeps proper accounts. Accounting & monthly declarations →

Frequently asked questions