How to Register a Company in Georgia: A Step-by-Step Guide
Georgia consistently ranks among the easiest countries in the world to start a business. The World Bank has recognized the country for its streamlined registration process, and in many cases, you can have a fully registered company within a few days. But "easy" does not mean "obvious." There are decisions at each step that have long-term consequences for your tax obligations, liability, and operational flexibility.
Step 1: Choose your legal structure. The most common options are Individual Entrepreneur (IE), Limited Liability Company (LLC), and Joint-Stock Company (JSC). For most small to medium businesses, an LLC is the standard choice. It offers limited liability protection, is straightforward to set up, and works well for both single-owner and multi-owner businesses. Individual Entrepreneur status is simpler but does not separate your personal and business assets.
Step 2: Prepare your documents. For an LLC, you will need a charter (founding agreement), identification documents for all founders, and a registered legal address. If the founders are foreign nationals, documents may need to be apostilled or notarized depending on the country of origin.
Step 3: Register with the National Agency of Public Registry (NAPR). This can be done in person at a Public Service Hall or through an authorized representative. Standard registration takes one business day. Expedited (same-day) registration is available for an additional fee.
Step 4: Register with the Revenue Service. Once your company is registered with NAPR, you need to register for tax purposes through rs.ge. This is where you will select your tax status -- standard taxation, Small Business Status, Virtual Zone, or others depending on your eligibility.
Step 5: Open a business bank account. Georgian banks require your registration documents, identification, and often a brief interview. Some banks are more accommodating to non-residents and English speakers than others. We can recommend based on your situation.
Step 6: Set up your compliance calendar. From the date of registration, you have ongoing obligations -- monthly or quarterly tax filings, annual returns, and potentially VAT filings depending on your revenue. Missing these deadlines results in penalties that are entirely avoidable with proper planning.
The entire process from decision to operational company can take as little as one week when handled by professionals. EFS Group manages this process end-to-end for both Georgian and international entrepreneurs, handling every document, every submission, and every follow-up.