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Georgia is one of the most business-friendly jurisdictions in the region, offering low taxes, fast registration, and complete foreign ownership. Located strategically between Europe and Asia, Georgia
Transparent packages tailored to your business goals
Ideal for first-time founders setting up a private limited company.
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Private Limited Company
Company registration with Georgian Public Registry
Basic legal support and documentation
Government fees and notary costs included
Customize your registration package – plan with our consultant and pay as you go!
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Designed for active founders who also need bank setup and compliance.
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Private Limited Company
Company registration with Georgian Public Registry
Basic legal support and documentation
Government fees and notary costs included
Corporate Bank Account
Assistance with local or international bank setup
Document preparation and in-bank representation
Optional multi-currency account setup
Criteria
Details
Currency:
Georgian Lari (GEL)
Official Language:
Georgian
Ease of Doing Business Rank:
7th globally (World Bank, 2020)
Average Time to Set Up a Business:
1–2 business days
Corporate Tax Rate:
15% (only on distributed profits)
VAT (Standard Rate):
18%
VAT Registration Threshold:
100,000 GEL annual turnover
Dividend Tax Rate:
5% (withholding at distribution)
Personal Income Tax Rate:
Flat 20%
Company + Employer Contributions:
2% pension fund (1% employee, 1% employer; 2% state match)
Minimum Share Capital:
No minimum required for LLCs
Bank Account Requirements:
Mandatory for local transactions and VAT registration
Accounting Requirements:
Monthly tax filings, annual financial statements
Audit Requirements:
Mandatory if assets > GEL 1 million or revenue > GEL 2 million
Business License Requirements:
Required only for regulated industries (e.g., finance, healthcare, education, construction)
Immigration Policy:
Investors eligible for 1-year visa and fast-tracked residency
Compliance Requirements:
Regular tax filings, payroll declarations, labor law adherence
Georgia offers a business-friendly climate, strategic location, skilled workforce, and diverse economy. With low taxes, strong logistics, and innovation support, it's ideal for expanding businesses seeking growth.
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