Starting a Business - Georgia

Foreign nationals and foreign-registered entities may own 100% of a Georgian LLC (შპს) or JSC. No Georgian co-founder or resident director is legally required. The Law on Promotion and Guarantees of Investment Activity guarantees foreign investors treatment no less favourable than that accorded to Georgian nationals.

Georgian law imposes no statutory minimum share capital for an LLC. Founders may set capital contributions at any commercially chosen amount, removing a common barrier to entry for small and medium enterprises.

Registration is filed with NAPR at a Public Service Hall (Tbilisi, Batumi, and other cities) or via authorised representative. Required documents: valid passport, company charter, director appointment decision, and application form. Standard processing is one business day; an expedited same-day service is available for a higher fee.

NAPR charges GEL 100 (≈ USD 35) for standard LLC registration and GEL 200 (≈ USD 70) for expedited same-day processing. Additional fees apply for certified extracts and English-language copies.

The new Law of Georgia on Entrepreneurs (in force January 2022) fully replaced the prior law, modernising entity structures and governance rules to meet EU Association Agreement standards. Entities registered before 2022 must bring their corporate documents into compliance by 1 April 2026.

Strategic sectors (defence, nuclear energy, air traffic control) are state-reserved; no other foreign-ownership caps apply. From March 2026, a Special Labour Activity Permit is required for most foreigners working in Georgia, but company founders and directors—and remote workers serving foreign clients—are explicitly carved out of that requirement.