Georgia is situated at the intersection of Western Asia and Eastern Europe. It is populatedwith 3.8 million people and the largest city is its capital Tbilisi. Georgia is a unitary semi-presidential republic in which the government is elected through a representative democracy.Company Formation in Georgia represents an attractive investment environment for foreign companies as the incorporation process takes a very short time if all the requirements are fulfilled.
The Law of Georgia on Entrepreneur was passed in 1994 and is Georgia’s governing factor on new comers which wasrevisedquite a few times since its initiation making corporate governance more effective. The legislative and regulatory framework of Georgia permits the registration of a Joint Stock Company, Limited Liability Company, General Partnership, Branch Office, as well as a Limited Partnership. A Sole Proprietorship must also be registered but cannot be considered as a legal entity and registration isn’t really required for a joint venture. A registered agent arranges all the required application forms and legal documentation signed by the shareholders and directors. And after the legal registration of the entity, the Registered Agent keeps a complete set of original documents.
For the functioning of a stream-lined application process, provide all required documentation and let our professionals expedite the registered incorporation. The required documents should be in English language or accompanied by an English notarized translation.
The formation of a company in Georgia takes about 7 days after we receive all the required documents