Large business setup in Georgia
Starting a large company requires thorough preparation and effort, especially considering the unique challenges and considerations involved in launching a corporation. We will explore the benefits of establishing a large company in Georgia and how our specialized services can support your success.
The process of setting up a large business
Setting up a big company in Georgia is similar to starting a small or medium-sized business, but the larger scale and complexity mean that it usually takes more time and resources. The steps for establishing a large enterprise are:
Choose a business name
Honor the text: ‘The enterprise name must be unique and not already in use. The availability of a name can be checked on the Georgia Trade Registry’s website.’
Select legal entity type
Choosing the right legal format is crucial for the prosperity of your big company. Our expert advice on Limited Liability Company (LLC), Partnership, Branch Office, and Holding Company can assist you in making an informed decision that fits your unique needs and future goals.
Set up legal address
It is crucial to have a legal address when beginning a business, as it is the primary point of contact for government agencies, legal authorities, and significant business communication. It is important to select a legal address that adheres to local regulations and is compatible with your business needs.
Get the necessary paperwork ready
Our team of professionals will assist in developing detailed and tailored documentation specific to your company’s structure and objectives. We ensure compliance with all legal requirements and handle the filing on your behalf.
Open a bank account
We will help you every step of the way in opening a bank account, making sure that the company follows all regulations and selecting a trustworthy financial institution for your account in Georgia.
Company registration
We take care of the registration process with agencies such as Trade and Companies Register and tax authorities, thereby easing your administrative workload. This ensures that your business is legally recognized and compliant from the very beginning.
Setup accounting
In order to start a big business successfully, it is crucial to keep precise financial records. Our group of accounting professionals can assist in creating efficient accounting and bookkeeping methods that meet Georgia’s regulations.
Large business examples
Big businesses work in different industries and sectors, each with their own unique requirements. Here are a few examples of big businesses:
- Aviation: Airlines, major aircraft manufacturers
- Bank: Large, national, or international banks
- Blockchain: Depending on the company, it can also be also medium or small sized business
- Cars and vehicles: Major car manufacturers, large fleet management companies
- Construction: Firms handling large infrastructure projects
- Energy: Utility companies, oil and gas producers
- Freight and package transportation: Major shipping and logistics companies (FedEx, UPS, etc.)
- Minerals: Large-scale mining operations
- Tourism and travel: Major hotel chains, international tour operators
Benefits of establishing a large business in Georgia
Georgia is an appealing location for the establishment of large corporations, providing numerous benefits.
Strategic location
Georgia offers favorable business conditions and chances in logistics, tourism, and energy for companies searching for opportunities in a stable and thriving setting. Being strategically positioned at the convergence of Europe and Asia, with cost advantages and government support for investment and entrepreneurship, Georgia presents a multitude of benefits for businesses wanting to set up operations in the area.
Favorable tax regime
Georgia boasts a flat corporate income tax rate of 15%, making it an attractive destination for businesses due to its business-friendly environment and low taxes. The country’s strategic position at the junction of Europe and Asia further enhances its appeal for trade and commerce.
Banking
The banking industry in Georgia provides stability and easy access, enabling efficient financial services and investment opportunities in a developing economy.
Our Large business setup solutions
We understand how valuable your time and resources are, which is why we offer two convenient options to make the company formation process easier.
Business formation online
By utilizing the online platform offered by Georgia, individuals have the opportunity to start and finalize the process of creating a business from any location globally. The capability to track progress, upload necessary paperwork, and access our services via secure digital channels guarantees a seamless and convenient process.
Business formation remotely
If you want a more hands-off approach, we can manage all the paperwork for you. Our team of experts will handle all the necessary formalities, fill out the required paperwork, and communicate with the appropriate authorities on your behalf to ensure your peace of mind.
Contact us
Contact us today to schedule a meeting and begin pursuing your business goals. Let’s embark on this journey together.