SERVICES

  • Registering the company € 1695
  • Nominee Director € 500
  • Nominee Shareholder €500
  • Bank Account opening

Georgia Offshore Company Formation

Georgia is the same nation strategically positioned at the intersection between East and West areas of trade and trade. Georgia is beautifully situated for Central Asia, Middle East, Europe, and CIS markets. Its time zone also enables it to link with equal advantage to all markets from America to Asia.

The benefit of Georgia’s company involves cheap labor, a stable political climate, appealing tax rates and well-developed infrastructure. In most nations, the corporate tax rate is very high.

So, it’s a good idea to register your holding company with a foreign country like Georgia, so that you don’t have to pay greater taxes.

General Business Information

Georgia is a splendid example of a jurisdiction that makes it a quick, simple and affordable process to build an offshore company. With an excellent business ecosystem and great possibilities, it is increasing at an unprecedented pace.

It is an open economy that enables Georgian natural residents and foreign nationals to buy property, enter a company or open their bank accounts. It is one of the most popular jurisdictions of an offshore business worldwide. In addition to the simple method of incorporation, international investors will be pleased to learn that their businesses are subject to the same regulations as local businesses.

Benefits to incorporate offshore company in Georgia

The reason why anyone builds an offshore company is because the jurisdiction offers certain advantages for the company to develop.

  • Registration of a property in Georgia can be carried out with utmost ease.
  • The process to start and register a business in extremely easy in Georgia
  • Smooth credit access
  • No minimal capital requirement
  • The administration and easy and cost effective
  • Assets and shareholder privacy
  • Low tax rate as compared to European countries.
  • One can easily open a bank account in Georgia
  • No property taxes
  • Offshore Companies also enjoys certain level of tax exemptions
  • Operational Flexibility

Good to know about Republic Georgia

  • Capital: Tbilisi
  • Official languages: Georgian
  • Area: 69700 km2
  • Population: 3.723.500
  • Currency: GEL
Benefits to incorporate offshore company in Georgia

The reason why anyone builds an offshore company is because the jurisdiction offers certain advantages for the company to develop.

  • Registration of a property in Georgia can be carried out with utmost ease.
  • The process to start and register a business in extremely easy in Georgia
  • Smooth credit access
  • No minimal capital requirement
  • The administration and easy and cost effective
  • Assets and shareholder privacy
  • Low tax rate as compared to European countries.
  • One can easily open a bank account in Georgia
  • No property taxes
  • Offshore Companies also enjoys certain level of tax exemptions
  • Operational Flexibility
Process to Register company in Georgia?

Georgia has a free trade treaty with the European Union and is seeking to create it an even more favorable company environment in accordance with the United States and China. The establishment of a firm in Georgia, regardless of whether it is a legal entity, is in fact a straightforward method which takes little time and is not paralyzed by excessive red tape. This is the most efficient, effortless and basic way to register an offshore company you have ever enjoyed.

Articles of Association (AoA)

The AOA defines the duties and responsibilities of the Board of Directors and how the company shall be carried out. The classes of stocks, the procedures for issuing and transferring share certificates, members ‘ voting rights and their borrowing authority are other key contents.

Legal Address

Before you register your business, you will need a rental agreement. In order to have a business, you first need to discover an office. As you likely understand, it has a restricted time limit for the legal address, so you have to renew it from time to time.

Official Representative

To sign your document, you must have an official translator or a lawyer. If you do not talk Georgian, you must follow into the government register by the official translator to sign your documents.

Application Form

An inquiry form must be filled which includes the business name, legal entity, the share capital quantity, records on the nomination of the individual member of the supervisory board and board of directors. Signed by a law firm or translator, this application form is to be completed in Georgian.

Let’s wrap up

The above clearly shows that registration in Georgia by offshore companies is the easiest procedure in the globe. For the creation of an offshore business there is no minimum capital needed. You may have to purchase an estate here to show that the registered business address is legally occupied.

Put your mind on the fact that foreigners are entitled to the same freedoms as natural Georgians in possession of a property here under Georgian law. All that is needed is to provide a few papers, including evidence of identity and a notarial copy of the buying contract. The same operation applies to renting a office space for your business. The only distinction is that a rental contract must be submitted instead of a purchase contract.