Business
Georgia — Business: Sole Proprietorship
To establish a sole proprietorship in Georgia, one requires basic business registration information, with a typical registration process lasting 1-2 days. The business owner is personally liable for all business debts and is subject to a 1% turnover tax of €400.
VerifiedGovernment / official sourceHow to Guide: Register a Domestic EntityLast reviewed: 2026-10-11
Key facts
- The 1% turnover tax is €400.
Steps
- Step 1: Choose a Business Name — The business name must be unique and comply with the laws of Georgia. It is recommended to conduct a name search in the public registry before registration.
- Step 2: Register the Business — Submit the required documents to the National Agency of Public Registry for registration.
Costs
- Registration fee: 110 GEL
Timelines
- Registration process duration: 1-2 days
Required documents
- Business license application
- Business name registration form
- Identification documents for the business owner
- Proof of business location
- Any additional required documents
Common mistakes
- Failure to comply with business name registration requirements
AI confidence note (remove before publishing)
The information provided for this topic is based on general knowledge about Georgia's business registration process. Specific regulations and fees may vary, and it is recommended to consult official sources for the most up-to-date information.