Georgia — Overview

Georgia is a popular international jurisdiction and a strategic destination for company formation and ready-made shelf company acquisition. With a population of 3.7 million and ranking as Emerging economy, EU Association Agreement, Georgia offers a compelling business environment for both local and international entrepreneurs.

Key advantages of establishing a business in Georgia include: 0% tax on retained earnings (Estonian model), easiest country to start business (World Bank top 10), 1-day incorporation, Free Industrial Zones, IT sector incentives.

Key Business Facts

Feature Details
Capital Tbilisi
Currency GEL (Georgian Lari)
Corporate Tax Rate 15% (0% on retained earnings, Estonian model)
VAT Rate 18%
Company Types LLC (Ltd), JSC, Individual Enterprise, Branch
Minimum Capital No minimum
Formation Time 1-2 business days
Major Banks TBC Bank, Bank of Georgia, Liberty Bank, Basis Bank

Our Services in Georgia

ShelfCompanies24 provides comprehensive company formation and corporate services in Georgia. Whether you need a ready-made shelf company for immediate business operations, a newly formed entity tailored to your specific requirements, or assistance with opening corporate bank accounts — our team of experienced specialists is here to help.

Why Choose Georgia for Your Business?

Georgia stands out among business jurisdictions for several important reasons. The corporate tax rate of 15% (0% on retained earnings, Estonian model) is competitive within the region, and the available company types (LLC (Ltd), JSC, Individual Enterprise, Branch) provide flexibility for various business structures and investment strategies.

Company formation in Georgia typically takes 1-2 business days, with minimum capital requirements of No minimum. The country’s banking sector includes major institutions such as TBC Bank, Bank of Georgia, Liberty Bank, Basis Bank, ensuring reliable access to financial services for your business operations.

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Frequently Asked Questions

What types of companies can I form in Georgia?

In Georgia you can form the following company types: LLC (Ltd), JSC, Individual Enterprise, Branch. The most popular structure for foreign investors is the limited liability company equivalent.

What is the corporate tax rate in Georgia?

The corporate tax rate in Georgia is 15% (0% on retained earnings, Estonian model). The standard VAT rate is 18%.

How long does company formation take in Georgia?

Company formation in Georgia typically takes 1-2 business days, including registration with all relevant authorities.

What is the minimum capital required for a company in Georgia?

The minimum share capital required in Georgia is No minimum.