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Company_Register-1 Company registration in Georgia

Register a Company In Georgia

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 Register a Company In Georgia

 

(Listing fee in Georgia only $ 200) List of all costs in Georgia (click) Contact Legal Advisor (Direct Contact / Telegram / Watts Up / Viber):00995598852000

Georgia has been ranked 6th out of 183 countries in the world in 2018 in the latest Business Ease (2018). Service in Georgia is cheaper, faster and without bureaucracy than other similar countries, such as registering a company in Russia and obtaining a work permit takes about six months, while in Georgia it will eventually take about three to four days. Low labor costs are another important consideration for investors and entrepreneurs. The tax rate of every other country is important, which is still lower than in other European countries. Value added 18% and customs costs vary from 5% to 12%. Inflation control is another productive advantage in this country. The existence of international shipping ports, convenient rail and air lines and ease of access to Europe and CIS countries are other advantages of Georgia and one of the easiest ways to obtain Georgian residence permit through the company.

The other World Bank rankings are as follows:
Ease of Starting a Business: Ranked 7th in the World
Easy to get permits to get started: 3rd place in the world
Buy Real Estate: Ranked 1st World
Get Bank Credit: Global Rank 4
Protecting Investors and Foreign Investors: Ranked 19th in the World
In the overall rankings, the UAE is ranked 26th, Malaysia is 12th and Singapore is ranked 1st as in previous years.

 

Company registration requirements in Georgia

After you arrive in Georgia you first need to have your official passport translated and your company name selected. In the end, there will be no problem with the passport and its translation only within three to four business days.
Note: In order to register a company in Georgia you need a legal interpreter to sign your company documentation and address that must be real and verifiable, and our company will provide you with the complete information.

The most popular type of company registration is LLC, which establishes a single person as the sole proprietor of the company with the aim of entrepreneurship. It should be noted that the company registration in Georgia is 100% owned and without the need for a Georgian citizen.

 

Important corporate services are as follows:

  1. Assign a lawyer to start an international company registration legal activity

  2. Translation and approval of passports and documents at the Embassy or Notary Office

  3. Write a business plan exclusively for your business plan

  4. Select the subject of the activity, adjust the statute, translate the statute

  5.  Registering company with International Holding which is a unique and completely dedicated service

  6. Assigning the legal address of the company location (legal address) to prove the location of the company by the lessor and his presence in the registration office

  7. Opening of International Corporate Account with Swift Receipt from Deutsche Bank Germany and Kommers Bank Germany and Austrian TBC Refining Bank

  8. Opening a personal bank account and getting a Visa Card and Line from TBC BankTBC

  9. Receive economic code from corporate tax office

  10. Obtaining a Georgian Residence

  11. Official translation of your talks during the process (Georgian - Russian - English - Farsi)

  12. Deposit all government expenses for company registration and obtaining residence and ...

  13. Obtain a one-year membership card at the Georgian Economic Cooperation Consortium

  14. A permanent member of the database of Georgian resident companies and the introduction of their capabilities in the information portal

  15. Assigning an address and phone as a virtual office (personal or corporate) in Georgia that receives your letters and packages and can include the address on your company site (one year)

 

Types of companies that can be established in Georgia for investment

1- Limited Liability Company (LLC)

2- Joint Stock Company (JSC)

3- JSC International Holding Company

4- Limited Partnership (LP)

5. Co-operative Company (CO)

6- Business Partnership Company (BP)

7- Individual Investment Company (IE)

 

Types of company registration in Georgia are:

 

Limited Liability company (LLC):

A limited liability company is a legal business entity whose obligations to its creditors are limited to its existing assets. A limited liability company can be established by a single person or has a partner. Its capital is divided into shares, and unlike its partners, new shares cannot be issued. Most companies are registered in Georgia and this type of company registration is common in Georgia.

Company registration in Georgia is usually issued as General Trading, which means you will be able to start all businesses with a business license, except for drug-related businesses that require a separate license. From the Ministry of Health of Georgia. That is, for example, with a limited company registration you will be able to create a hotel, car wash, cafe, coffee shop and so on and do not require separate licenses except for the medication that you must register for the jobs you are considering when registering.

 

Joint Stock Company (JSC):

A corporation is a legal entity whose capital is divided into equal nominal amounts. It is a collateral that guarantees a shareholder's claims in relation to the joint stock company, the rights and obligations of the shareholders and the joint stock company. The debt of a joint stock company is limited to its total assets.

 

JSC (International Holding):

Holding Company is a legal entity that is recognized as an investment company in any field where its capital is divided between nominal values of the board of directors. A corporation is limited to its total assets and its liabilities to its creditors are limited to its existing assets and shareholders are not subject to the corporation's obligations.

 

General Participation (GP):

Public Partnership is a company in which several partners carry out continuous and independent entrepreneurial activities under the name of a company. The founders are personally responsible for all debts of the company.
 

 

Limited Partnership (LP):

Limited partnership is a company in which several individuals jointly run independent entrepreneurial activities under the name of a company. In limited partnerships, one or more partners' liabilities to the company's creditors are limited to their equity in the company (limited partners), while the other partners are personally liable for the debt of the company.

Company Registration and Residence in Georgia are generally two separate categories and you are not only allowed to reside in Georgia and there are other ways to obtain a Georgian residence than to register in Georgia.

It should be noted that those who want to reside in Georgia by registering their company must pay taxes to keep their company active and without being paid they will not be active.

Limited partnership is a company in which several individuals jointly run independent entrepreneurial activities under the name of a company. In limited partnerships, one or more partners' liabilities to the company's creditors are limited to their equity in the company (limited partners), while the other partners are personally liable for the debt of the company.

 

Cooperative (CO):

Co-operative is a company founded to develop joint ventures and increase the profits of its members. The cooperative aims to serve the interests of its members. The cooperative, which is one of the types of companies registered in Georgia, operates in a way that is not primarily for profit, but for the purpose of doing more teamwork for the purpose of employment. The company is committed to its creditors only to the extent of its assets.

 

Business Partner (BP):

A partnership or partnership is a pool of two or more individuals (real or legal persons) who assign joint liability to creditors as joint debtors and have unlimited personal obligations. The amount of responsibility for each partner is set out in a partnership agreement. Business Partnerships are a variety of company registration in Georgia which is not a legal entity.

 

Individual Entrepreneur (IE):

As the owner of an enterprise, an individual entrepreneur is a real person who must do entrepreneurial activity in an entrepreneurial way. In legal relations such a person must act on his own behalf. An individual entrepreneur is not an entity. An individual entrepreneur shall exercise its rights and fulfill its obligations as a natural person and shall be personally liable to creditors for all obligations arising from its entrepreneurial activities.

 

Direct registration of company registration in Georgia: 598852000-995+

Consultant Number for register a new Company in Georgia

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Direct contact to the following numbers

legal adviser +995-598852000

Georgian Language Legal Advisor +995-596692000

Investment Adviser +995-5551156655

Contact via telegram, WhatsApp Viber is possible.

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