Build a Georgian presence that reflects your business. We help you organise the local management, premises, people and records needed to explain how your company operates to banks and tax authorities.
Put the local arrangements in place
An office, local management or staff should have a clear role in the business. We help you identify which arrangements fit the way the company operates and how they should be documented for tax and banking purposes.
Support for your Georgian presence
- Operational office or registered-address arrangements.
- Director responsibilities, authority and corporate decisions.
- Employment and contractor documents.
- Contracts and records showing where services are delivered.
- Accounting records consistent with the company’s actual transactions.
Be ready to explain the business
Banks and tax authorities may ask different questions about the same structure. We help organise a coherent account of the people, decisions, premises and commercial activity in Georgia, alongside the rules relevant to the owner’s country.
Show where the company’s business is actually carried on
Economic substance is best explained through ordinary operating evidence. Who develops the product, deals with customers, approves contracts and manages cash? Where do those people work, and which company pays for their work? The answers should be visible in agreements, accounts and decisions made during the year.
| Business fact | Useful records | Question it answers |
|---|---|---|
| Management | Decision records, approvals and directors’ responsibilities | Who makes and implements the decisions? |
| People | Employment/contractor agreements and payroll | Who performs the work and where? |
| Premises and equipment | Lease, service agreements and asset records | What facilities does the operation use? |
| Customer activity | Contracts, project records and delivery evidence | What does the company sell and deliver? |
| Funding and banking | Capital/loan documents and payment approvals | How is the operation financed and controlled? |
| Financial results | Accounts, tax returns and reconciliations | Do the numbers reflect the stated activity? |
Use the evidence relevant to the question being asked
A bank may be reviewing expected payments and source of funds. A tax authority may be examining a particular tax status, transaction or place of management. An overseas owner’s adviser may be analysing controlled-company rules in the owner’s residence country. Keep a common factual account, then address the legal test relevant to each request.
For an IT company, connect the development activity with the people, project records and customer income. For a trading company, connect purchasing, delivery, inventory and customer contracts. A collection of office photographs is less informative than records showing how the company earns its revenue and controls its obligations.
Review the record when the business changes
An overseas director, remote team or new group service arrangement can alter how decisions and work are divided. Update agreements and the accounting treatment when that happens. Where the company uses a special Georgian tax status, review the continuing conditions alongside the actual operation and retain the supporting calculation.
Discuss the next step
Send the ownership structure, business model and any request you have received from a bank or adviser.
Request a consultationFrequently asked questions
What shows that a company operates in Georgia?
Management decisions, the people doing the work, premises, customer delivery records, funding and accounts should explain the Georgian operation. The relevant evidence follows the business activity and the legal test being applied.
What should a local director’s file show?
Record the director’s actual responsibilities, authority, decisions and communication with the owner. Connect those records with the company’s contracts, bank approvals and ordinary operations.
Legal basis: Tax Code of Georgia and the specific statutory conditions of any tax status used by the business.