Structure & Name Reservation
The entity name is checked, director structure is defined, and beneficial owners or corporate shareholders are confirmed.
Company Setup & Business Expansion
Your Operational Base Between Europe and Gulf
Establish a Georgian company with minimal bureaucracy, same-day incorporation, flexible ownership, and a strategic location only 3.5 hours from Dubai.
Georgia gives founders a lean corporate base with real banking, tax, and operational flexibility.
It works for international founders, remote operators, trading businesses, asset-holding structures, and companies looking for a practical bridge between the Gulf, Europe, and Central Asia.
The Corporate Roadmap
From structure to tax portal activation.
A clean company setup starts before filing. The structure, shareholders, legal address, founding documents, registry submission, and tax onboarding must all match the company’s real operating purpose.
Charter & Resolution
Articles of Association and founding resolutions are drafted to define business scope, management, and capital distribution.
Legal Address
A compliant Georgian legal address is registered for official correspondence without requiring a full office lease from day one.
Registry Submission
The full package is filed with the Public Service Hall / National Agency of Public Registry for incorporation.
Tax Onboarding
Revenue Service registration, RS.ge portal activation, accounting setup, and VAT review are completed after incorporation.
Free Industrial Zones
Export-focused structures with powerful tax advantages.
Under Georgia's Law on Free Industrial Zones, trading companies, manufacturers, and high-volume exporters may operate in zones in Tbilisi, Poti, and Kutaisi. Operating inside a FIZ can materially reshape the fiscal profile of qualifying activity.
Liability
Inside a FIZ
Corporate Income Tax
0% on profits from goods produced or processed in the zone and exported abroad.
VAT
0% on transactions between FIZ enterprises or on exports.
Property Tax
0% on buildings, land, and equipment within the zone.
Customs
Simplified import/export — raw materials in, finished goods out, without standard duty friction.
Goods supplied by a FIZ enterprise to a person registered under Georgian law outside the FIZ are subject to a 4% tax on the revenue received or receivable. Import and VAT treatment may also apply when goods enter the rest of Georgia. Verify the complete treatment before structuring.
FIZ note: To operate inside a Free Industrial Zone, the company needs the correct license — Trading, Manufacturing, or Services — from the relevant zone administrator: Tbilisi Free Zone, Poti Free Zone, or Hualing Kutaisi FIZ. Annual renewal requirements should also be confirmed.
Corporate Bank Accounts
Multi-currency banking with strict substance checks.
Georgia’s tier-1 banks offer modern corporate banking, merchant services, and strong online platforms, but foreign-owned companies must pass real AML and economic-substance review.
Banking
Bank of Georgia & TBC Bank
Corporate accounts can support USD, EUR, and GEL with online banking and commercial services.
Substance
Real Activity Matters
Banks scrutinize shell companies. Local presence, contracts, employees, or directors strengthen approval chances.
Remote
Power of Attorney Route
Where accepted, onboarding can be initiated remotely through a tailored Power of Attorney.
Physical-Presence Mandate
Banks prefer the managing director to attend in person and demonstrate a genuine link to Georgia. A local director, office presence, employees, or contracts can help prove economic substance.
Documentation Checklist
Banks usually request the company extract, charter, notarized passport copies of directors and UBOs above 10%, plus a business profile covering markets, transaction volume, and counterparties.
Remote Onboarding
Onboarding can be initiated remotely via Power of Attorney where the bank accepts it, allowing the company to move toward operational readiness before arrival.
Why Georgia Works
A practical base for Gulf-connected businesses.
Many founders use Georgia alongside a Dubai base — not as a replacement, but as a complementary operating, holding, trading, or regional expansion structure.
Gulf + Europe Positioning
A near-identical time zone to the GCC and direct flight access from Dubai make Georgia easy to operate from without schedule friction.
Estonian Tax Model
For standard companies, corporate profit is generally taxed when distributed, not when reinvested into business growth.
Low Bureaucracy
Fast incorporation, clear registry process, and practical administration make Georgia efficient for international founders.
Corporate structure, tax treatment and banking requirements vary by business activity. Confirm your specific position with a qualified Georgian tax adviser before incorporating.
FAQ
Company setup questions.
Quick answers for founders, investors, and international businesses considering a Georgian entity.
How long does it actually take to register a company?
Standard LLC incorporation can complete within 24 business hours after filing a complete package. Banking, tax onboarding, and any Free Industrial Zone licensing follow their own timelines after registration.
Do I need to be a Georgian resident or citizen to own a company?
No. There are no citizenship or residency restrictions on directors or shareholders. A Georgian company can be 100% foreign-owned.
Do I have to fly to Georgia to set it up?
Not necessarily for incorporation itself. The process can often be handled through the legal desk via Power of Attorney. Banking is stricter and may require director presence or a stronger compliance file.
What is the real tax position for a normal non-FIZ company?
Georgia uses the Estonian model, where corporate profit is generally taxed when distributed rather than when reinvested. FIZ benefits are separate and apply only to qualifying in-zone and export activity.
When do I have to register for VAT?
VAT registration becomes mandatory once domestic taxable turnover is projected to exceed 100,000 GEL in any continuous 12-month period. Below that, VAT registration may be optional depending on the business model.
Can any business operate in a Free Industrial Zone?
No. FIZs are designed for export-oriented trading, manufacturing, and services. Domestic-facing activity is treated differently, so the legal desk checks whether a FIZ structure fits before you commit.
Why are banks strict about substance?
Tier-1 Georgian banks follow international AML standards and reject companies that look like shells. Demonstrating real activity, local presence, contracts, or business purpose improves the account-opening profile.
What documents do foreign corporate shareholders need?
Foreign corporate shareholders usually need company documents such as Certificate of Incorporation, Articles, and Incumbency documents, apostilled or legalized abroad, then translated into Georgian and notarized locally.
Can I open the account in multiple currencies?
Yes. Georgia’s leading banks generally offer multi-currency corporate accounts supporting USD, EUR, and GEL, along with online banking and merchant services.
How does this pair with a Dubai-based operation?
Many clients run a Georgian entity alongside their Gulf base, using it for European-facing trade, asset holding, regional expansion, or revenue routing while keeping their UAE operations active.
Ready to Establish Your Georgia Company?
Open your company file, confirm the structure, prepare registry documents, assess banking substance, and map the tax path before incorporation.