Can business in Georgia change it’s legal entity type?

Indeed, it is possible for a business in Georgia to alter its legal entity form. The process of changing a business’s legal entity form includes numerous steps such as seeking advice from experts, establishing a new entity, transferring assets and operations, dissolving the previous entity, and informing stakeholders. The specific procedures involved can differ based on the existing and desired business structures and regulations. It is essential to seek guidance from professionals and guarantee that all steps are executed accurately in order to prevent potential legal and financial consequences.