Business & Company Formation in Georgia

Georgia offers one of the world's most business-friendly environments with rapid registration, minimal bureaucracy, and favorable tax regimes. Individual Entrepreneur status with 1% turnover tax is chosen by 90% of Georgian entrepreneurs, making it the ideal starting point for most foreign business owners.
Starting Your Business in Georgia
Georgian business registration stands out internationally for extraordinary speed and simplicity. Complete company formation is possible within hours using online systems, with registration costs measured in tens rather than thousands of dollars. No minimum capital requirements exist for Individual Entrepreneurs, and Limited Liability Companies operate without mandatory capital minimums under Georgian law. This accessibility democratizes entrepreneurship, enabling anyone to establish legitimate business operations rapidly and affordably.
The tax environment provides remarkable advantages for business owners. Individual Entrepreneurs benefit from a flat 1% tax on gross turnover for revenues under GEL 500,000 (approximately $185,000 USD) annually – this means keeping 99% of revenues for living expenses and business reinvestment. Limited Liability Companies operate under the Estonian taxation model where corporate profits remain untaxed until distributed as dividends, enabling tax-efficient reinvestment and growth. Combined with territorial taxation principles that exempt most foreign-source income from Georgian taxation, these advantages create one of Europe's most favorable business tax environments.
Foreign ownership faces virtually no restrictions across most business sectors. Non-residents can establish and wholly own Georgian companies without local partner requirements or ownership restrictions. This openness extends to both Individual Entrepreneur and corporate structures, making Georgia fully accessible for international entrepreneurs. The country's strategic position connecting European and Asian markets, free trade agreements with the EU and China, and modern digital infrastructure support businesses operating both locally and internationally.
Choose Your Business Structure
From simple Individual Entrepreneur to full corporate structures – find the right fit for your business
Individual Entrepreneur & Small Business Status
The simplest and most tax-efficient business structure in Georgia. Register in minutes online, pay just 1% tax on gross revenue up to GEL 500,000 ($185K) annually. Ideal for freelancers, consultants, digital nomads, and service professionals.
LLC & Corporate Structures
Limited Liability Companies for businesses needing employees, investor funding, or limited liability protection. Estonian tax model: 0% tax on retained profits, 15% on distributions.
Registration Process
Step-by-step guide to registering your business online at napr.gov.ge. Name selection, documentation, tax ID assignment, and bank account opening.
Running Your Business
Essential operational requirements for Georgian businesses
Taxes, Accounting & Payroll
Tax compliance, accounting software, and payroll processing
Business Banking
Corporate accounts, merchant services, and international transfers
Licenses & Regulation
Regulated sectors and licensing requirements
Hiring Employees
Employment contracts, costs, and labor regulations
Infrastructure & Offices
Workspaces, internet, utilities, and business services
Remote Management
Managing remotely your international operations
Business Changes, Suspension & Closure
Modifying business details, temporary suspension, or permanent closure
Why Start Your Business in Georgia?
Understand the complete business environment, advantages, and what makes Georgia one of the world's easiest places to do business
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📚 Educational Information Only
This website provides educational and informational content based on our research and experiences. We are not professional advisors, and the information presented should not be considered professional advice. Always verify current information and consult with qualified professionals for your specific situation.
⚖️ Legal Information Disclaimer
This information is provided for educational purposes only and should not be considered legal advice. Laws, regulations, and procedures can change, and their application may vary based on specific circumstances.
We recommend consulting with qualified legal professionals before making decisions related to residency, business formation, contracts, immigration, or any other legal issues.