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Register an international company remotely and forget about taxes

No offshore status and perfectly legal
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Perks of doing business in Georgia

Ranks 2nd
14 position
Ranks 7th
Flag
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No requirements for annual audit
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Unquestionable ownership right
Companies for foreigners
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No need for the personal presence to open a personal bank account
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No double taxation with 57 countries
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No need for the personal presence of the company's director / founder for the purpose of business registration
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No verification of the company name is required. Several companies may bear the same name
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No need to rent office space
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No foreign exchange controls
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No cliché "offshore"
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Georgia is not a member of the CRS system (Common Reporting Standard)
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No requirements for the authorised capital
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Free trade agreements with 45 countries
Starting a Business 2020
Starting a Business 2020 analyses how fast and easy one can start a business
Paying Taxes 2020
Paying Taxes 2020 represents how business-friendly the tax system is
Doing Business 2020
The Doing Business is a ranking system made to assess conditions for doing business. The analysis is made by the World Bank team (World Bank Group). 190 countries are subjected to research.
CRS (Common Reporting Standard)
The Common Reporting Standard (CRS) is an information standard for the Automatic Exchange Of Information (AEOI) regarding financial accounts, developed by the Organisation for Economic Co-operation and Development (OECD)

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%
* — Not even once usable
* — Companies and organizations mean different forms of ownership - LLC. SP.
* — Companies and organizations mean different forms of ownership - LLC. SP.
* —  1 client called when the phone battery of the manager was running out of power 
The client was not happy. The phone battery will never run out again. 

SERVICES

We offer
Business registration
from 600 €
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
Business registration
  • Company registration (Present Client) Limited liability company — 700 € / Sole proprietorship — 600 €
  • Registration of the company remotely (declaration is free for one month) — 900 €
  • Virtual Zone Entity certificate cost — 550 €
  • The cost of a registered (ready-made) company with a Virtual Zone Entity certificate — 2500 €
  • The cost of a registered (ready-made) company with a bank account — 1700 €
  • The cost of a registered (ready-made) company with three bank accounts — 2500 €
Financial support
  • Open a bank account (Present Client) — 250 €
  • Open a bank account remotely — 500 €
  • Opening an Account in TransferWise — 150 € + Visa Card — 100 €
  • Opening a two-way PayPal Account — 200 €
  • The cost of accounting services — 100 € — up to 25 transactions per month, 150 € — up to 50 transactions per month
Legal Services
  • The cost of one document certified with an apostille (in 3 working days) — 100 €
  • The cost of one document certified with an apostille (in one working day) — 150 €
  • DHL document shipment — 100 €
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.
Русудан Джиджелава
Rusudan Jijelava
Sales Manager
Русудан Джиджелава
Zurab Ulumbegashvili
Lawyer
Русудан Джиджелава
Kote Chokoraia
Lawyer, founder
Русудан Джиджелава
Ana Bakhturidze
Communications Manager in the Public Sector
Rusudan Jijelava
Higher education: Ilia State University

2021 Labartkava Consulting Group, Sales Manager

2019 - 2021 Administrative activities and personnel management in a advertising campaign

Translator for the special requests
Zurab Ulumbegashvili
Higher education: Ilia State University, Law faculty

5 years of experience as a lawyer in private, public and non-governmental sectors

Has experience working as a chief lawyer in a financial company
Kote Chokoraia
Associate Professor of the State University named after Ilya, 2014 public law, constitutional law.
13 years of experience in the public, private and non-governmental sectors (National Center for Excellence in Education, State Constitutional Commission, Center for Institutional Development, Angie Travel Company, York Time Company.
10 years of experience in the field of education - State University. Ilya, Georgian-American University, State Medical University, Sulkhan-Saba University, Tbilisi Open University. 
Ana Bakhturidze
10 years of experience in administration, personnel management, project management, communication with government agencies. (Imedi TV, Tabula TV, Natalie Modeling Agency, Philip Morris, Caucasus International University, Company - York Time, Georgian Institute of Debate and Education).

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.

Contacts

Still have questions?
If you still have questions, please provide your contact details and we will contact you shortly
We live in Tbilisi, but we work with the whole world!
34 Irakli Abashidze St. Tbilisi, Georgia
© Labartkava Consulting Group, 2021
Firm Name: Labartkava Consulting Group LLC
Identification Number: 402110540
Legal Address: Georgia, Tbilisi, Didube district, Tskaltubo str., N24, apt. 14a (bl. G)
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