FAQ
RU

Register an international company remotely and forget about taxes

No offshore status and perfectly legal

Perks of doing business in Georgia

Ranks 2nd
14 position
Ranks 7th
Flag
check
No requirements for annual audit
check
Unquestionable ownership right
Companies for foreigners
check
No need for the personal presence to open a personal bank account
check
No double taxation with 57 countries
check
No need for the personal presence of the company's director / founder for the purpose of business registration
check
No verification of the company name is required. Several companies may bear the same name
check
No need to rent office space
check
No foreign exchange controls
check
No cliché "offshore"
check
Georgia is not a member of the CRS system (Common Reporting Standard)
check
No requirements for the authorised capital
check
Free trade agreements with 45 countries

Clients

Our services suit perfectly
Freelance
Freelance specialists
Programmers, designers, marketers, etc. pay 1% taxes with an annual income of up to $150,000
Freelance
IT companies
Exempt from taxes when registered as a Virtual Zone Entity
Freelance
Small and medium-sized enterprises
No taxes at the end of the year if you don’t withdraw funds from the company’s account

ABOUT US

Labartkava Consulting Group
3
years on the market
5
specialists
100%
> 110
clients we provided services to
> 90
> 20
99%

SERVICES

We offer
Business registration
from 700 €
The procedure takes 2 days and includes the following services:

• Charter in three languages
• Permanent legal address
• Registration with the tax office
• Translation of documentation into Georgian and notary services

We solve possible related issues.
Financial support
from 100 €
Regulation of funds within the framework of Georgian legislation

Finances services based on general primary documentation, contracts and other sources of company data.
Opening bank accounts for you and your company in Georgia and abroad
Working with state institutions of Georgia directly
Accounting
Control of economic changes in the country
Monthly submission of a declaration to the tax office
Legal Services
from 100 €
Learning the law of a foreign country takes time. We will ease this burdenfor you:

• Registration of legal documents
Protection of interests within the framework of the law
Elimination of errors in documents
Control of legal changes in the country
Supervision and avoidance of fines within the framework of the law
Working with state institutions of Georgia directly
Real estate services Learn more
Export-import services
• Making bank transfers
• Logistics services
• Deals with Europe and America
A month of accounting services as a gift when registering a business

TEAM

Labartkava Consulting Group
quotes
Hello!

My name is Levan. I am the founder of Labartkava Consulting Group, your personal manager, consultant and business specialist all in one.

I am personally engaged in business and negotiations.
Levan
This way I stay at the center of the company's events and make a positive contribution to my clients.
Our entire team is structured in a similar way.Each of us carries the experience of an entrepreneur, public servant or leader in the banking, government and manufacturing industries.
We know what problems companies face and we know how to solve them from the other side.
Each specialist has his own area of responsibility, based on experience and achievements. Actual knowledge of business and a clear distribution of responsibilities allows us to perform 98% of tasks ahead of schedule.

TESTIMONIALS

About working with us

CLIENTS

Quality of our work has already been appreciated by

FAQ

Frequently asked questions
Is it possible to register a company and open a bank account remotely in Georgia?
Yes, it is possible. we will just need notarized Power of Attorney (POA) from an entrepreneur.
How long does it take to register a company and open a bank account in Georgia?
After getting a POA from an entrepreneur, it takes 3 business days to prepare documents and register a company. Opening of Bank account also takes 3 business days.
When will I pay 1% tax?
If Entrepreneur will register as Individual Entrepreneur (IE) and gets a status small business, then he pays 1% tax on their turnover. (Maximum annual turnover USD 150, 000).
What is the tax amount for a company in Georgia?
The most common form of company registration in Georgia is LLC. The Georgian company pays 15% Corporate Profit Tax and 5% dividend tax. The company pays these taxes only if the founder withdraws the amount from the company as dividends. If the profit remains in the company and is reinvested, then the company does not pay any tax.
Where and how easily can I open a bank account?
For non-residents of Georgia bank accounts can be opened both in Georgian and in foreign banks. Accounts also can be opened at payment systems such as PayPal, Paysera, TransferWise.
Can a foreign citizen be a founder and director of a Georgian company?
Yes! A citizen of any country has the right to establish a company in Georgia and be its 100% manager.
Is there required share capital needed when registering a company?
While registering a Legal Entity and opening a business in Georgia, no shared capital is required.
How often do I need to send information to the tax service?
LLC or a sole proprietor must send a declaration to the tax service every month before the 15th day of the month.
You should also send an annual declaration by April 1. The reports are to be sent via the internet on the tax platform.
If I decide to close business in Georgia, how much will it cost and how long will it take?
The price of closing a business in Georgia starts from 400 € and the process usually takes one month.
Is it possible to register a company and open a bank account remotely in Georgia?
Yes, it is possible. we will just need notarized Power of Attorney (POA) from an entrepreneur.
How long does it take to register a company and open a bank account in Georgia?
After getting a POA from an entrepreneur, it takes 3 business days to prepare documents and register a company. Opening of Bank account also takes 3 business days.
When will I pay 1% tax?
If Entrepreneur will register as Individual Entrepreneur (IE) and gets a status small business, then he pays 1% tax on their turnover. (Maximum annual turnover USD 150, 000).
What is the tax amount for a company in Georgia?
The most common form of company registration in Georgia is LLC. The Georgian company pays 15% Corporate Profit Tax and 5% dividend tax. The company pays these taxes only if the founder withdraws the amount from the company as dividends. If the profit remains in the company and is reinvested, then the company does not pay any tax.
Where and how easily can I open a bank account?
For non-residents of Georgia bank accounts can be opened both in Georgian and in foreign banks. Accounts also can be opened at payment systems such as PayPal, Paysera, TransferWise.
Can a foreign citizen be a founder and director of a Georgian company?
Yes! A citizen of any country has the right to establish a company in Georgia and be its 100% manager.
Is there required share capital needed when registering a company?
While registering a Legal Entity and opening a business in Georgia, no shared capital is required.
How often do I need to send information to the tax service?
LLC or a sole proprietor must send a declaration to the tax service every month before the 15th day of the month.
You should also send an annual declaration by April 1. The reports are to be sent via the internet on the tax platform.
If I decide to close business in Georgia, how much will it cost and how long will it take?
The price of closing a business in Georgia starts from 400 € and the process usually takes one month.

КОНТАКТЫ

Остались вопросы?
Если у вас остались какие-нибудь вопросы, заполните форму, и мы свяжемся с вами в ближайшее время.
Живем в Тбилиси, работаем со всем миром
© Labartkava Consulting Group, 2021
Юридическое наименование: Labartkava Consulting Group LLC
Идентификационный номер: 402110540
Юридический адрес: Georgia, Tbilisi, Didube district, Tskaltubo str., N24, apt. 14a (bl. G)
Made on
Tilda