Techlaw Georgia - Legal Solutions for Business

Yes, we can provides services for you remotely. For providing services that require representation, will need notarized Power of Attorney (POA) from the client.

If Entrepreneur will register as Individual Entrepreneur (IE) and gets a small business certificate, then he pays 1% tax on their turnover. (Maximum annual turnover USD 150, 000).

While registering a Legal Entity and opening a business in Georgia, no shared capital is required.

The price of closing a business in Georgia starts from 400 € and the process usually takes one month.

After getting a POA from an entrepreneur, it takes 3 business days to prepare documents and register a company.

The most common form of company registration in Georgia is LLC. The Georgian company pays 15% Corporate Profit Tax and 5% dividend tax. The company pays these taxes only if the founder withdraws the amount from the company as dividends. If the profit remains in the company and is reinvested, then the company does not pay any tax.

Yes! A citizen of any country has the right to establish a company in Georgia and be its 100% manager.

LLC or a sole proprietor must send a declaration to the tax service every month before the 15th day of the month.
You should also send an annual declaration by April 1. The reports are to be sent via the internet on the tax platform.