Open a Limited Liability Company in Georgia
Our team of specialists in company formation in Georgia can advise on how to start a Georgian limited liability company.
The registration of a limited liability company in Georgia (abbreviated LLC) usually takes a couple of days and the investors must follow a series of steps in order to legally incorporate the company. Our company formation agents in Georgia can guide you through the incorporation procedure and help you set up an LLC in Georgia.
LLC formation in Georgia from USD 950
USD 1,000 if the company is registered remotely.
| Quick Facts | |
|---|---|
| Types of LLCs | One type – the limited liability company |
Most suitable for | Most of the business activities and businesses operating as small and medium-sized companies |
Minimum number of shareholders | 1 |
| Maximum number of shareholders (if applicable) | No maximum (the Law of Georgia on Entrepreneurs sets no upper limit) |
| Law regulating the procedure to open a limited liability company in Georgia | Entrepreneurs Law of Georgia |
| Institution in charge with the registration of the LLC in Georgia | The National Agency of Public Registry, operating under the Ministry of Justice in Georgia. |
| Director requirements | No restrictions regarding the directors of the company. The LLC must have minimum 1 director. |
| Corporate taxes | 15% |
| Minimum requirements in order to open a limited liability company in Georgia | A foreign investor can open a limited liability company in Georgia if the following are satisfied: – there is minimum 1 shareholder; – minimum 1 director; – the company has a registered address, a compulsory requirement for all companies; – the articles of association contain the necessary legal provisions; – the investors have set up a bank account (no minimum capital requirements are imposed). |
| Apply for a business number (yes/no) | Yes |
| Foreign ownership rules | Foreign investors benefit from the same rules applicable to local citizens. There aren’t any restrictions regarding the ownership of companies incorporated by foreign investors. |
| Who can register an LLC | Local and foreign investors |
| Statutory documents of the LLC | Articles of Association |
| Documents to prepare for the incorporation | – application for registration; – identity documents of the founders; – the statutory documents, signed by the founders; – documents attesting the business premises where the company will operate; – proof of payment for the registration fee. |
| Audit requirements (yes/no) | Yes, when reaching certain tresholds referring to the company’s assets, income and number of employees. |
| Corporate bank account (YES/NO) | YES |
Local business address (YES/NO) | YES |
Name of a Georgian LLC | Must be unique and contain the abbreviation L.L.C. or LLC (შპს in Georgian language). |
| Business permits and licenses | Depends on business activities (forestry, healthcare, banking, energy, oil & gas, etc.) |
| Liability | Limited to the investments of the company, protecting the personal assets of its members |
| Incorporation time (approx.) | 2 -10 days |
| Opening an LLC remotely | You can set up a company in Georgia remotely, using a power of attorney. |
| Can hire foreign employees (YES/NO) | YES; since 1 March 2026 foreign employees generally need a work permit under the Law on Labour Migration, plus a suitable visa or residence permit. |
| Withholding tax on dividends | 5% |
| VAT Registration | Only if the taxable annual turnover exceeds 100,000 GEL, companies are required to register for VAT. |
| Other taxes for LLCs | – custom duties, – excise taxes, – property tax, – payroll tax, etc. |
| Company secretary | Not mandatory |
| Advantages of opening an LLC in Georgia | – limited liability, – simple process of company incorporation in Georgia, – asset protection, – dynamic business environment, – no minimum share capital, etc. |
| Assistance | We can help you open a business in Georgia, no matter the company type. |
| Additional services | – accounting in Georgia, – immigration, – real estate transactions, – contract drafting, – intellectual property rights, etc. |
What are the characteristics of a limited liability company in Georgia in 2026?
Besides the fact that the shareholders benefit from limited liability up to the share of their investment in the company, this company type is characterized by the following as well:
- there aren’t any capital requirements imposed for opening an LLC in Georgia;
- the company’s capital has to be divided into shares which can’t be offered to the general public;
- the company’s founders (or founder) can be foreigners or local citizens;
- the company can be set up by natural persons or by other legal entities;
- the limited liability company in Georgia can be registered with only one director;
- the details of the company’s shareholders and directors have to be made public;
- it is legally required to have an official business address in Georgia for the limited liability company.
What are the main services your company formation team offers for the registration of the LLC in 2026?
Our team of specialists in company formation in Georgia provides dedicated registration services. For the incorporation of the LLC, you can rely on us for the following:
- drafting and signing the Articles of Association;
- registration with the business register;
- obtaining a registered address;
- tax registration;
- opening a corporate bank account.
How can foreigners register a Georgian LLC in 2026?
The registration of a Georgian LLC (or of any other type of company) can take place in 2 scenarios:
- the client can directly go to Georgia and participate in the registration formalities;
- the client can incorporate the LLC while being overseas, without arriving in person in Georgia.
In the infographic below, our consultants invite you to find out the main steps of opening an LLC in Georgia in 2026:
What are the main steps for clients who opt for remote registration?
In the case of remote registration, specific steps must be taken, in a given order. In the list below, our consultants present the main aspects you should be aware of:
- once we have agreed on the terms of our collaboration, the client will send via e-mail a completed Company Incorporation Form;
- our team will prepare the power of attorney (the document which grants us the right to legally represent our clients in front of the Georgian authorities) and send it to the client;
- the client must send a notarized and apostilled power of attorney along with a notarized copy of the passport;
- after we receive the power of attorney, we will prepare the company registration file and we will submit it to the Georgian authorities;
- when the standard registration process is completed, we will ask for a new power of attorney, so that we can provide representation in front of the banking institution where the bank account will be set up;
- when the power of attorney formalities are completed, we will file the bank account registration documents.
What are the fees charged for company formation in Georgia in 2026?
For the registration of the LLC on a remote basis, our team charges USD 1,000. For in-person registration, we charge USD 950. We invite you to address our team for information on other fees and services you may need for your business.
Below, you can watch a short video on how to register a Georgian limited liability company:
What are the main provisions of the Articles of Association?
The articles of association should also include the below mentioned provisions:
- the selected legal entity of the company – in this case, the limited liability company;
- the registered address of the company and the specimen signatures of the company’s founders;
- the structure of the company’s management body and the rules regarding the decision making process;
- the shares owned by each shareholder (the company can also be formed by a single shareholder);
- the duration for which the company is set up (if this applies, the duration will be expressed in years).
What institution is responsible for the registration of the LLC?
The registration of a company in this country is concluded through the National Agency of Public Registry, an institution which operates under the Ministry of Justice.
How long does it take to open a corporate bank account?
Depending on the procedures of the bank, it can take 2 -10 days to complete this step.
What are the tax considerations for companies in Georgia?
When referring to taxes, Georgian legal entities are charged with the following:
- the corporate tax – charged at a rate of 15%;
- withholding tax on dividends – charged at a rate of 5% for the dividends paid to non-residents;
- the value added tax – the company is required to register once its yearly turnover is above GEL 100,000; the value added tax in Georgia is imposed at a rate of 18%;
- the withholding tax on royalties and interest – 5%.
Can you assist me in incorporating companies in other countries?
Yes, our agents can also help you open an LLC in Ukraine with the assistance of our local partners.
If you need further details, our consultants remain at your service. You can call our office in Tbilisi to find out more about our services.
Valeri Bendianishvili, Attorney at Law · 2 October 2026