LLC Registration in Georgia
A Georgian LLC separates your personal assets from the business and taxes profit only when you distribute it. Reinvest everything and the corporate tax is zero. Registered in three to five days for a fixed ₾1,200.
- On distributions
- 15%
- On retained profit
- 0%
- Setup
- 3–5 days
What a Georgian LLC gives you
An LLC (in Georgian, შპს / SHPS) is a separate legal person. It signs its own contracts, holds its own bank accounts, and its debts are its own — your personal assets are not exposed the way they are with an Individual Entrepreneur. Georgia also runs an Estonian-style corporate tax: profit is taxed at 15% only when it leaves the company as a distribution. Money you keep in the business and reinvest is not taxed at all.
- Limited liability — personal assets separated from the business
- 15% corporate tax on distributions only, 0% on retained earnings
- 100% foreign ownership, with no local director requirement
- Multiple shareholders in any split
- No minimum share capital
- Taken more seriously by banks, payment processors and enterprise clients
How Georgian corporate tax works
Georgia charges corporate tax at the moment profit is distributed, not when it is earned — the Estonian model. Take a distribution and the company pays 15%, with a further 5% dividend withholding on top, so roughly 20% all-in on money you actually take out. Leave the profit in the company and there is no corporate tax event at all, which makes an LLC genuinely efficient for a business that reinvests. VAT is separate: registration becomes mandatory once turnover passes 100,000 GEL in any rolling 12 months, at 18%.
When an LLC beats Small Business Status
The 1% regime is cheaper right up until it is not. Choose the LLC when you have more than one owner, when turnover is heading past 500,000 GEL, when you are reinvesting most of your profit rather than drawing it, when you need genuine liability separation because of the contracts you sign, or when your activity is on the list excluded from Small Business Status. Enterprise clients and payment processors also tend to take a company more seriously than a sole trader.
Special LLC regimes worth knowing about
Georgia offers several preferential regimes on top of the standard LLC, and whether you qualify is worth checking before you register rather than after. Virtual Zone status gives IT companies exporting software 0% corporate tax on foreign-sourced profit. International Company Status offers reduced rates to qualifying businesses with a Georgian substance requirement. Free Industrial Zone companies get their own treatment again. Each has real conditions attached, and each changes which accounting package you need.
Pricing
Charter drafting, business registry registration, tax authority registration, government fees, Public Service Hall accompaniment, activity codes, and bank account guidance. Covers up to two shareholders.
Strongly recommended wherever there is more than one owner. The charter says who owns what; the agreement says what happens when owners disagree.
Prices exclude 18% VAT where applicable. ₾1,200 ≈ $440.
How to register an LLC in Georgia
- 01
Consultation
15 minutesWe check that an LLC is genuinely the right structure for you rather than the more expensive one, and whether any of the preferential regimes apply.
- 02
You send documents
1 business dayPassports for every shareholder and director, the company name, and the ownership split. We check the name is available.
- 03
Charter and registration
2–3 business daysWe draft the charter, file at the National Agency of Public Registry, and the company legally exists.
- 04
Tax authority setup
Same dayRegistration with the Revenue Service and rs.ge portal access, plus VAT registration if you need or want it.
- 05
Bank account
1 business dayWe prepare the file and go to the branch with you.
LLC or Small Business Status?
Common questions
Three to five business days once we have your documents. Registration at the public registry itself is fast — the charter and the bank account are what set the pace.
₾1,200 plus VAT for up to two shareholders, which includes the charter, government fees, tax authority registration and bank account guidance. Additional shareholders are ₾150 each. A registered address, if you need one, is ₾390 a year.
No. Georgia sets no minimum capital requirement for an LLC. You can incorporate with a nominal amount, and there is nothing to deposit or lock up.
Yes. There is no local ownership requirement and no requirement for a Georgian director. A single foreign national can own and direct the company outright.
Not necessarily. In person takes three to five days and costs less. Remotely, under a notarised and apostilled Power of Attorney, it takes three to four weeks — see remote company registration.
15% corporate tax, but only on distributed profit, plus 5% dividend withholding on top — so roughly 20% on money you take out and 0% on money you leave in. VAT at 18% applies separately once turnover passes 100,000 GEL in a rolling 12 months.
Once turnover passes 100,000 GEL in any rolling 12-month period. You can also register voluntarily before then, which sometimes makes sense if you buy heavily from Georgian suppliers and want to reclaim input VAT.
A preferential regime for IT companies exporting software from Georgia, giving 0% corporate tax on foreign-sourced profit. It has real substance conditions and it changes your accounting requirements, so it is worth assessing before you register rather than after.
Not directly — they are different legal forms, so there is no conversion. You register the LLC, move the business across and close the IE. We handle both ends, and it is a routine move once turnover approaches the 500,000 GEL cap.
If there is more than one owner, yes. The charter records who owns what; the shareholder agreement records what happens when owners disagree, want out, or stop contributing. It is ₾600 and it is the cheapest dispute insurance available.
Valid passports for every shareholder and director, the intended company name, the ownership split, and a Georgian legal address. That is genuinely it — Georgia keeps company formation light.
Yes, every month, including months with no activity, by the 15th. An LLC files more than an IE does — corporate tax, dividends, payroll and pension where staff exist, and VAT if registered — which is why accounting for an LLC starts at a higher tier.
Not sure this is the right one?
Thirty free minutes with a tax specialist. We will tell you which structure actually fits — including when the answer is that you do not need us.