Remote business registration in Georgia is attractive for entrepreneurs because there is a low level of taxation, no corruption, and few bureaucratic procedures. Today, the degree of economic freedom and tax administration makes Georgia one of the most attractive countries for business in Europe.
Key points remote business registration in Georgia
According to the Law “About Entrepreneurs”, all persons, regardless of their citizenship, open and conduct business in Georgia on the same conditions. Hence, any person can become the owner of the company on the territory of the country, regardless of his citizenship.
A company of any form of ownership shall be simultaneously registered with the Public Registry of the House of Justice of Georgia, where its Charter shall be kept. This ensures access to information about the work of the company and its participants for all without exception if the need arises.
Taxation in the country is controlled by the Revenue Service. Taxpayer registration will be carried out here, as well as obtaining the status of e-Taxpayer.
Georgian legislation does not require business owners to disclose what their charter capital will be.
The legislative document “About the Licenses and Permits” provides an exhaustive list of all activities for which a relevant permit is required.
How does remote business registration work in Georgia
It is quite easy for non-residents to work in the country, because taxes are low and bureaucracy is almost non-existent. But even though Georgia is attractive for investors, many hesitate to start a business here, beware of possible difficulties. In order to avoid them, it is better to apply to a specialized company, which knows the details of the registration process in the country of the firm, performs all actions remotely.
For example, the specialists of Jara Accounting assist in choosing the optimal variant of the legal form of the company, provide consultations regarding the work of the taxation system, preferential and simplified tax payment regimes, as well as the possibility of not paying taxes, which is available for some types of business.
We act on the basis of a power of attorney and, with little or no involvement from you, go through all the necessary steps to ensure that all requirements are met.
Remotely registering a business in Georgia requires several steps:
- Fill out an application on the site;
- Form a power of attorney with a notary based on the form we will provide, as well as apostille in your country. For CIS countries an apostille is not required;
- Provide copies of the owner’s passport, physical address (in any country), name of the future company in English.
Employees of our company will draw up the Charter on the basis of documentation received by mail, draw up a legal address and notarize it in Georgia.
The process of remote registration of your company on the territory of Georgia consists of the following stages:
- Translation into Georgian and notarization of all documentation provided;
- Submission of an application to the Public Registry for the company to be registered and payment of necessary fees;
- Obtaining a registration certificate from the House of Justice;
- Registering the company in the Revenue service;
- If necessary, we provide services to open a current account with a bank.
Fill out the form on our website and get a free consultation, where we will answer any questions you may have regarding the remote registration of the company in Georgia.