A foreign national may be a founder, 100% shareholder and director of a Georgian company. As a general rule, no Georgian partner, resident director or minimum charter capital is required. The limited liability company (LLC) is the most common form.

Decisions before filing

Select a unique name, business scope, shareholders and percentages, director and sole/joint representation rule, and an actual legal address in Georgia. Decide whether to use the standard statute or bespoke articles.

Source for this section: Matsne — Law of Georgia on Entrepreneurs — Articles 5–6, 16

Documents

  • registration application and instrument of incorporation/articles;
  • valid passport and equivalent identification data of the foreign founder;
  • the director’s consent unless included in the incorporation document;
  • certified consent of the property owner or a valid address-use agreement;
  • power of attorney if a representative files;
  • for a foreign corporate founder, registry and constitutional documents and proof of representation.

Foreign documents may require apostille/legalisation and certified Georgian translation.

Source for this section: Matsne — Law of Georgia on Entrepreneurs — Articles 4–5, 9

Tax and business

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Filing, timing and fee

File with NAPR, commonly through a Public Service Hall. An LLC costs GEL 200 in one working day or GEL 400 on the filing day. Registration creates the company and includes state and tax registration; an identification number is issued.

Source for this section: NAPR — Business registration: fees and terms

After incorporation

Verify the registry extract, activate Revenue Service access, set up accounting, payroll and filing calendars, and assess VAT and licensing. Company registration does not automatically open a bank account: the bank conducts AML/KYC checks on the ultimate beneficial owner, business model, counterparties and source of funds.

Residence and work rights

Share ownership or appointment as director does not automatically confer residence or work authorisation. The foreign national’s immigration position and the labour-migration rules effective from 1 March 2026 require separate review.

Preparation checklist

Registry extract, tax status, contracts, invoices and income records

Before deciding

I am starting a business in Georgia

Choose legal form, activity and tax status separately. Registration does not automatically create small-business status. Income sourcing and regulation of the activity need separate checks from registration and bank-account opening.

Official sources

  1. Matsne — Law of Georgia on Entrepreneurs
  2. NAPR — Business registration: fees and terms
  3. Matsne — Law of Georgia on Public Registry
  4. Georgia Revenue Service
  5. Matsne — Law of Georgia on the Legal Status of Aliens and Stateless Persons

Fees and procedures may change; verify the current official source before applying.