Business
Georgia — Business: Limited Company
Limited company formation in Georgia is a process that can be facilitated by following specific state guidelines. Foreigners are allowed to own 100% of a Georgian limited company, and government approval may be required for certain business activities.
VerifiedGovernment / official sourceHow to Guide: Register a Domestic EntityLast reviewed: 2026-10-01
Key facts
- Foreigners can own 100% of a Georgian limited company, and government approval may be required for certain business activities.
Steps
- Step 1: Choose a Company Name — Name must comply with the Georgian Civil Code and be approved by the relevant authorities.
- Step 2: Obtain Government Approval (if required) — This step may be necessary for certain business activities, but specifics are unclear.
- Step 3: File Documents with the State Register — The exact process and required documents are not well-documented.
- Step 4: Obtain a Tax Identification Number — Details on this process are not available.
Costs
- State Filing Fee: $100
Timelines
- Total Processing Time: 7-10 business days
Required documents
- Company name approval document
- Government approval (if required)
- State Register filing documents
Common mistakes
- Failing to comply with the Georgian Civil Code and relevant regulations
- Not obtaining necessary government approval
AI confidence note (remove before publishing)
The facts provided above are based on general knowledge of Georgian company law and should be treated with caution, as specifics of limited company formation may be unclear for foreign entities.