Company registration in Georgia is very simple, fast and less cumbersome as compared with other European countries. It takes just one day to register a company; there is no need to have a Georgian partner to form a company; minimum one Director and one shareholder are required and they can be the same ; a foreigner can own 100% shares of the Georgian company; there is no requirement to show any minimum capital.
Firstly, a lawyer is needed to prepare the documents both in Georgian and English. A legal address is also required. When all these documents are ready, the foreigner has to visit the Public Registry Hall with his lawyer and show his passport ( as identity proof ) and submit all documents personally. Once the documents are accepted, government administrative charges for company registration are paid ( usually between 100-125 GEL ). Within 24 hours, the company is registered and a registration certificate issued.
Lawyer expenses vary depending upon the services required. To know exact charges please write to us with your requirements at : contact@orbisrealty.com