Why open an LLC in Georgia?

A Georgian LLC is a separate legal person, which means your personal assets are protected from business liabilities. Unlike an Individual Entrepreneur, it can have several founders, take on investment, sell products, hire a team, and sign larger contracts. Foreign founders are drawn to it for a handful of concrete reasons: 100% foreign ownership is allowed, there is no minimum share capital in practice, registration is among the fastest in the region, and there is no annual renewal fee — incorporation is indefinite. You can see the full list of benefits and request formation on our company registration in Georgia page.

The tax structure is the other big draw. Georgia uses the Estonian model: corporate profit is taxed at 15%, but only when it is distributed as dividends. Profit you keep in the company and reinvest is not taxed at all — a powerful advantage for a business that wants to grow. Tech companies can go further and access Virtual Zone and IT 0%-CIT privileges, which are available to LLCs only, not to Individual Entrepreneurs.

Step by step: registering your LLC

1. Choose and check the company name. Pick a unique name and confirm it is available at the registry; you can optionally reserve it for 30 days.
2. Draft the charter. The Articles of Association (charter) must be prepared in Georgian, with a translation into a language all directors understand. This is the document most DIY founders get wrong.
3. Provide a legal address. The company needs a registered Georgian address — either property you own or a written consent from the owner; a virtual address is accepted.
4. File at the registry. Submit the charter, application, address consent and passports to the National Agency of Public Registry (NAPR) through the Public Service Hall.
5. Receive the extract and tax ID. You get the registration extract (your certificate of incorporation) with the company ID number, and a tax identification number from the Revenue Service.
6. Open a corporate bank account. With the extract and charter in hand, open the company’s bank account and set up rs.ge (tax portal) access — and you are ready to invoice.

Doing it remotely, by power of attorney

You do not need to fly to Tbilisi. The entire filing can be executed by a representative under a power of attorney. You provide an apostilled copy of your passport and a notarized PoA, and your representative signs the charter and files at NAPR on your behalf. On-site in Tbilisi or Batumi the full package typically takes around three working days; done fully remotely, allow realistically one to two weeks end to end, depending on notarization and courier times.

One 2026 change to know about

From 1 March 2026, a foreign director who actually performs work activity in Georgia generally needs a Right to Labour Activity permit from the State Employment Support Agency, unless they hold permanent or investment residency. There is a transition period with no fines until 1 May 2026. This does not stop you owning the company, and it is something we handle as part of a turnkey setup.

LLC or Individual Entrepreneur?

If you are a solo freelancer chasing the lowest possible tax, the 1% Individual Entrepreneur route may suit you better than an LLC. If you want liability protection, partners, or to scale, the LLC wins. We compare them in detail in LLC vs Individual Entrepreneur in Georgia, and if you start as an IE and grow, here is how the transition to an LLC works at the 500,000 GEL threshold.

Frequently Asked Questions: Opening an LLC in Georgia

Can a foreigner own 100% of a Georgian LLC?

Yes. A foreigner can own all of the shares and be the sole director, with no requirement to be a Georgian resident or to have a local partner.

How much does it cost to register an LLC in Georgia?

The state registration fee at the Public Service Hall is roughly 100 GEL for standard processing and around 200 GEL for same-day express. Exact figures vary by source and may include service charges, so treat them as approximate. On top of the state fee, a turnkey service covers charter drafting, a legal address, translations and bank onboarding.

How long does LLC registration take?

Registration itself is usually completed in one business day, with same-day express available. A full setup including a bank account commonly takes about 3–7 working days on-site, or one to two weeks if done remotely by power of attorney.

Is there a minimum share capital for a Georgian LLC?

There is no stated minimum share capital in practice, which is one reason setup is so accessible compared with many other countries.

How is a Georgian LLC taxed?

Under the Estonian model, corporate income tax is 15% and is charged only on distributed profit. Profit that is retained and reinvested in the company is not taxed. IT companies may qualify for Virtual Zone or special 0%-CIT regimes.

Ready to Open Your Georgian LLC?

We handle the charter, legal address, filing and bank account — remotely if you prefer. Start your company the right way from day one.