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Company liquidation in Georgia 

When deciding to close a business, company owners often seek expert help. Jara Accounting provides professional services to assist in the preparation of company liquidation in Georgia, significantly easing the process of deregistration for individual entrepreneurs (IE) and limited liability companies (LLCs).

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The liquidation of your business

Voluntary liquidation
Voluntary liquidation as decided by the founders (shareholders) - Art. 14.
Compulsory liquidation
Compulsory liquidation based on a court decision - Art. 15.

Cost of company liquidation

Closing of LLC
Closing of IE

The process of company liquidation:

01
Ensuring there are no outstanding debts, and fully settling any existing debts
02
Halting production
03
Terminating contracts with employees
04
Filing a declaration to initiate the liquidation process with the Ministry of Justice
05
Undergoing a tax inspection (usually a desk audit)
The process of company liquidation:

LLC

Jara Accounting fully supports you at every stage of LLC liquidation: 

1. Undergoing a tax service audit to verify the correctness of tax and other mandatory payments in the company and examining the declaration on profit tax for the last month and property tax for the last year. 

2. Conducting an inventory of all LLC assets. The funds from their realization go towards debt repayment or are distributed proportionally among the founders. 

3. Closing all the company's bank accounts and the personal account on rs.ge by filing a separate application. 

4. Finally, the Revenue Service transfers the relevant data to the Public Registry, which officially records the company's closure. 

 

Time of LLC liquidation

The liquidation process for legal entities in Georgia takes 4 months if there are no debts.

 

 

IE

Jara Accounting fully supports you at every stage of IE liquidation: 

1. Filing an application to close the IE with the tax service. We will fill out the form and arrange for the settlement of tax liabilities at the end of the liquidation process. 

2. Annulment of the IE's registration with the Ministry of Justice. We will submit an application to cancel the registration. The process takes 1 working day. 

3. Deregistering the IE with the tax service. If tax liabilities are identified, we will help settle them on the spot. After that, the IE's status is annulled. 

4. Obtaining documents about the discontinuation of the IE's activities. We will obtain documents about the discontinuation of the IE's activities, as well as submit the final tax declaration and deactivate the personal account on the tax service portal rs.ge.

 

Time of IE liquidation

Closing an IE in Georgia takes approximately 3 working days.

Remote liquidation of business 

The procedure for remote company liquidation is no different from the in-person form. At each stage of the process, the official representative, who is granted a power of attorney, acts on behalf of the CEO. The presence or absence of the actual business owner does not affect the duration of the liquidation process.

Cost of remote business liquidation

Jara Accounting provides professional services to assist in the preparation of company liquidation documents in Georgia.
Book a free consultation
Receive detailed information about company liquidation in Georgia. Leave a request and our specialist will contact you within 30 minutes.

Why choose Jara Accounting?

Complete liquidation service
Our services include not only expert consulting, but also thorough document preparation, representation in government bodies, and support throughout all legal procedures.
100% guarantee of results
By turning to Jara Accounting, you can be assured that the process of closing IEs and LLCs in Georgia will be quick, efficient, and in compliance with legal norms and requirements.
Fast response time
We will respond to your request within 30 minutes.
Customer-oriented service
We provide support at all stages of doing business, always staying in touch. Your personal manager will reply to your questions any way you choose - a phone call, a text messenger, or email.
We speak your language
Our experts can consult you in Georgian, Russian, and English.
Absolute confidentiality
Our employees guarantee complete anonymity when working with your company.

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