Limited liability Company in Georgia
Regardless of size or start date, we have experienced personnel offering top-notch personalized services to each of our clients.
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Regardless of size or start date, we have experienced personnel offering top-notch personalized services to each of our clients.
Limited liability Company registration conditions
This type of business structure does not require a minimum share capital, but it does require an approved capital before it can begin operations. The members are permitted to set their capital amount.
Timeline
It can take up to 7 business days to register.
Fees
The cost to start a Georgia limited liability company (LLC) is approximately $100. Contact us to get our quote.
Compulsory regulation
A Georgian limited liability corporation (LLC) can be formed with as few as one stakeholder and as many as 50. Each shareholder’s rights are restricted by the value of his or her shares.
The number of directors is unrestricted. All everyday decisions are made by the director or board of directors, while big decisions are made by the shareholders’ general meeting.
Documents
List of documents required:
- Deed of incorporation,
- By-laws,
- Payment in the corporate capital,
- Fiscal identification numbers,
- Powers of attorney,
- Excerpt from the company’s register.
We assist you in making these documents available in a cost-effective manner
Consultation about Limited liability Company registration
We assist our clients in dealing with their business forms to improve their competitiveness, flexibility, employee involvement, and satisfaction.
Accountancy
Independent professional services are provided by our licensed accountants. Each engagement is custom-tailored to the needs of the client. Our team’s accounting services are fully compliant with International Financial Reporting Standards.
Taxes
Georgia collects taxes at both the state and local levels. The federal government collects the most essential taxes, which include income taxes, corporation taxes, and value-added taxes. Property taxes and other levies are collected at the local level.
Bank account
We advise you on the best bank account that is suitable for your business in Georgia. For more details click the button below:
Other legal forms in Georgia
In Georgia, a business can take several different forms, but the limited liability company is the most common. In addition, an investor has the option of forming a partnership or forming a joint-stock company (general or limited).
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