Incorporate in Georgia
Set up a Georgia LLC
Incorporating a company in Georgia may be an attractive option for several reasons:
To begin with, it is located in a strategic area bordering Asia and Europe, with a developed infrastructure. It is an important distribution hub between both continents, and also has good trade relationship with practically all countries, including the European Union, United States, China, Turkey and Iran. It is part of the World Trade Organization, has free trade agreements with the EU and the EFTA countries, Russia, and other countries of Eastern and Central Europe. This provides access to a market of 900 million people without any duty tariff restriction, and a system of generalized preference with US, Canada, Japan, Norway and Switzerland. In addition, Georgia has signed bilateral investment agreements with 32 countries.
Foreigners can own a company in full, without requiring any kind of visa or permit, and its registration is relatively simple. As we mentioned before, Georgia ranks sixth in doing business ease of starting a business ranking.
Taxes are considerably low in Georgia, The World Economic Forum’s Global Competitiveness Report listed Georgia the ninth lowest-tax economy.
Georgia taxes legal entities on their worldwide income, but it may be available a tax credit for foreign tax paid up to the the income tax assessed in Georgia.
Companies registered in Georgia are subject to a 15% flat corporate tax on their actual and deemed distributed profit. This means that profits retained and re invested in the company are not subject to taxation.
Payments to residents and non-residents on interests, dividends and royalties are subject to a final withholding tax of 5%. Payments on technical or professional fees are subject to a 10% withholding tax. If recipient is a resident company of a considered tax-haven, where a 15% withholding tax may apply
Dividends in the hands of the recipient from both resident and non-resident entities are not deemed to be profit distribution and therefore not taxable, unless they are from a considered tax-haven jurisdiction. Capital Gains are included in corporate income tax base.
Learn more about incorporating a Georgia LLC:
Georgia Limited Liability Company (LLC) – US$2,950.00 (All included)
We pride ourselves in providing the best possible professional service which includes our honest hassle free “No Hidden Fee” policy. Your incorporation package includes:
- Registration and government fees
- Secretarial Services
- Notary and translation fees
- Power of Attorney
- Bound set of Constitutional Documents
- Certified Translation of Constitutional Documents
Time to form: 2 to 3 weeks.
All our incorporation services include a yearly consulting session, a dedicated account manager and access to our global network of trusted business services, including introductions to accountants, financial, tax and legal advisors at no cost.
Bank Account Options
- Georgia Bank Account (Remotely) – US$500.00
- Offshore Bank Account* (Remotely) – US$300.00
- Crypto-Friendly Bank Account (Remotely) – US$3,000
We include introductions to payment processors or merchant accounts with all of our incorporation services. Whether you just need standard credit card processing or specialized services for high risk processing, we are happy to help you with introductions that can empower your business.
*Offshore Bank Accounts: Belize, Puerto Rico, Nevis, Antigua, Saint Lucia. Other bank account options may be available depending on business profile and turnover.
Annual Fees (2nd year) – US$2,100.00
- Government fee
- Registered Agent & Registered Office fee
- Secretarial Services
Easy Step by Step Process:
After placing your order, your dedicated account manager will contact you to advise on and collect the KYC documents required.
1. We will send you PoA.
2. You must sign it, notarize it, apostille it and send it back by post.
3. When we establish the company, we will prepare next PoA for bank account opening and send to you again
4. You will sign it, prove it by notary then apostille and send it back by post.
The standard process typically takes between 10 to 12 working days after we receive all the required documents from you.