Start your Georgian business with an organised company setup or transfer. We help you choose a new company or readymade LLC, prepare the corporate documents and arrange the registration, address and banking application support you need.
Company setup package — EUR 1,280
Our advertised package covers an agreed new company or readymade LLC with one individual director/shareholder. It includes specified registration or transfer charges, agreed passport and power-of-attorney translation and notarisation, Georgian and English corporate documents, portal setup and a 12-month legal address. The advertised annual address renewal is EUR 123.
A clear handover from the start
- Review the company extract, ownership and authority to sign.
- Check the available tax, accounting and company records.
- Prepare the agreed registration or transfer documents.
- Arrange the legal address and portal handover.
- Assist with the corporate and relevant personal bank applications.
Set up locally or prepare from abroad
We can organise the process around your visit or an accepted representation arrangement. Contact us before signing a power of attorney so its wording and certification match the planned transaction. Additional shareholders, directors or unusual documents are included in a tailored proposal.
Banking and ongoing accounting
We help present the company’s ownership and business activity to the bank for its KYC review. We can also arrange the accounting handover so filing obligations are addressed from the beginning of your ownership.
Compare a new registration with a company acquisition
A new LLC starts with a clean corporate history. A readymade LLC is an existing legal person whose shares change hands. Its contracts, tax account and accounting history remain relevant after the transfer. Ask why an existing company is preferable for the intended business and which records support that choice.
| Item | New company | Existing company |
|---|---|---|
| Ownership | Agree founders and shares | Check the seller, title to shares and transfer authority |
| Liabilities | Plan initial funding and contracts | Review taxes, loans, unpaid invoices and commitments |
| Banking | Prepare a new customer application | Disclose the ownership change and follow the bank’s review |
| Accounting | Establish opening records | Obtain the full ledger and reconcile opening balances |
| Tax status | Assess the intended activity | Check existing registrations and whether any special status continues |
| Annual reporting | Set the first reporting calendar | Check previous statements, submissions and outstanding work |
Agree the transfer and the handover together
The transfer documents should identify the shares, price, payment arrangements and the seller’s statements about the business. Where the company has traded, use a dated balance sheet and a schedule of known liabilities. Decide who deals with a question relating to the period before completion and how records will be made available.
At handover, collect the current registry extract, charter, shareholder decisions, contracts, banking information and accounting export. Replace or revoke obsolete access and authorities through the proper institutional process. Keep a signed record of the materials delivered and the date responsibility passes to the incoming management.
Prepare for the first month of trading
Decide who signs customer contracts, how the company is funded and which account receives payments. Give the accountant the expected activity and first invoices before trading begins. VAT, payroll and foreign-supplier payments should be assessed from those transactions, while the annual accounts begin with reliable opening balances.
Tell us about the company you need
Share the activity, shareholders, proposed director and whether you plan to visit Georgia.
Request a consultationFrequently asked questions
What should be checked before acquiring a readymade LLC?
Review ownership, authority, tax and accounting records, liabilities, contracts, bank arrangements and previous annual reporting. Agree the transfer terms and a dated handover of the company’s records.
What happens to banking when the company changes ownership?
Notify the bank of the ownership, director and activity changes and prepare the updated KYC records. Coordinate the bank’s review and signing arrangements with the company transfer.