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Limited Liability Company (LLC) is a legal entity with liability to creditors limited to its property. Partners (founders) are not liable for the company’s liabilities. The capital of an LLC can be specified in any amount. The capital of an LLC is divided into shares. A partners’ meeting must be held to consider the annual results and other issues. An LLC can be founded by one person.

 

 

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Silver

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Platinum

A company limited by shares is the most popular company type.


in each package , you get :

LLC Registration
Digital Certificate of Incorporation.
Registered Office Address for 1 Year
Tax registration with Revenue Service Department.

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Government Fee for Company
Registration.

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VAT Registration

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Bank Account Opening

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Monthly Tax Declaration Filing for 1 year

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Bronze

Silver

Gold

Platinum

   
   
   
 
Add On Services

Price

  Remote Company Formation
€249
  Bank Account Opening with Company Registration Package
€249
  Bank Account Opening for a Registered Company 
€499
  VAT Registration
€199
  Virtual Office Services Starting from...
€49/month

Limited Partnership 

Ideal for entrepreneurs who want to keep their liabilities in check.

What you Get

  • Preparation of Documents & Registration in 24 hrs.
  • Preparation of Limited Liability Partnership Agreement.
  • Printed Certificate of Incorporation.
  • Registered Office Address in Tbilisi for 1 Year.
  • Bank Accounting Opening – Multi Currency ( EURO, USD & GEL )
  • Company Seal.
  • Tax Registration in Revenue Services Department.

Limited Partnership Package Fee- €799

FAQ of a Limited Partnership Company

What is a Limited Partnership?

A Limited Partnership is a partnership consisting of a general partner, who manages the business and has unlimited personal liability for the debts and obligations of the Limited Partnership, and a limited partner, who has limited liability but cannot participate in management.

What are the differences between a general partnership and a Limited Partnership?

A Limited Partnership offers protection from liability for the debts and obligations of the Limited Partnership to the limited partners. In a General Partnership, all of the partners are jointly and severally liable for the debts of the partnership.

How are Limited Partnerships taxed?

The Limited Partnership is taxed as a partnership. Each partner reports his or her share of profit or loss on his or her individual tax declaration.

How many owners are required to form a Limited Partnership?

At least one.

Also Included in this Package

Government Filing Fee

Included in the price of this package. No surprises or hidden costs.

Unlimited 24/7 Support

We’re available for you 24/7; just call, email or send a message on Whatsapp.

Free Legal Consultation

Also included 3 hours of Free Online Legal Consultation with our Lawyers.

Join Stock Company

Ideal for entrepreneurs looking to raise large amount of capital.

What you Get

  • Preparation of documents & registration in 24 hrs.
  • Printed Certificate of Incorporation.
  • Registered Office Address in Tbilisi for 1 Year.
  • Opening of Corporate Multi Currency Bank Account.
  • Company seal.
  • Tax Registration in Revenue Service Department.

JSC Package Fee – €999

FAQ of a joint stock Company

What Is A Joint Stock Company?

Joint Stock Company (JSC)is a legal entity that has capital divided into a certain number and certain types of shares defined by the company charter. A JSC’s liability to creditors is limited only by its assets. Shareholders are not liable for the company’s liabilities. The capital of a JSC can be any amount.

What Do You Mean By Common Seal Of A Joint Stock Company?

A company lives its own name but it cannot sign its documents like natural person so a seal with the name of company is used instead of signatures.

What Is The Liability Of Share Holders In Joint Stock Company?

Liability of shareholders in Joint Stock Company is limited up to the value of shares purchased.

Can Share Holders Transfer Their Shares Of Joint Stock Company?

Yes, they can transfer their shares though stock exchange.

Is There Any Restriction On Maximum Number Of Share Holders In Joint Stock Company?

There is no limit on maximum number of shareholders in Joint Stock Company.

Also Included in this Package

Government Filing Fee

Included in the price of this package. No surprises or hidden costs.

Unlimited 24/7 Support

We’re are available for you 24/7; just call, email or send a message to us on Whatsapp.

Free Legal Consultation

Also included 3 hours of Free Online Legal consultation with our Lawyers.

General Partnership

Ideal for entrepreneurs looking for more control on their business.

What you Get

  • Preparation of Documents & Registration in 24 hrs.
  • Preparation of General Partnership Agreement.
  • Printed Certificate of Incorporation.
  • Registered Office Address in Tbilisi for 1 Year.
  • Opening of Multi Currency Bank Account.
  • Company seal.
  • Mandatory Tax Registration in Revenue Service Department.

General Partnership Package Fee – €799

FAQ of a General Partnership

What is General Partnership?

General Partnership (GP) is a legal entity in which two or more persons carry out entrepreneurial activities jointly under a single entity name. Partners are jointly liable to creditors with all their property. The liability of a partner is not limited.

Are there special rules for running partnerships?

Unlike corporations, partnerships are relatively informal business structures. Partnerships aren’t required to hold meetings, prepare minutes, elect officers, or issue stock certificates. Generally, partners share equally in the management of the partnership and its profits and losses, and assume equal responsibility for its debts and liabilities. These and other details are typically described in a partnership agreement.

Is a written partnership agreement required for every partnership?

No law requires partners to create a written partnership agreement, but it’s wise to do so. But creating a written partnership agreement will give you and your partners a chance to discuss your expectations of each other, define how each of you will participate in the business, and help you work out any sticky issues before they become major problems.

Are owners of a partnership personally liable for business debts?

Legally, a partnership is inseparable from its owners. As a result, each partner (with the exception of the limited partners in a limited partnership) is personally liable for the entire amount of any business-related obligations. This means that if you form a partnership, creditors can come after your personal assets (such as your house or car) to make sure any partnership debts get paid.
In addition, you are legally bound to any business transactions made by you or any of your partners, and you can be held personally liable for those actions. For example, if your partner takes out an ill-advised high interest loan on behalf of the partnership, you can be held personally responsible for the debt.

What happens if one partner wants to leave the partnership?

Before you go into business together, you and your partners should decide what will happen to the partnership when one partner retires, dies, or wants to leave the partnership for some other reason, such as a bankruptcy. You might feel like you’re being overly cautious or pessimistic, but it almost always makes sense to include “buy-sell” provisions in your partnership agreement to deal with these issues.

Also Included in this Package

Government Filing Fee

Included in the price of this package. No surprises or hidden costs.

Unlimited 24/7 Support

We’re available for you 24/7; just call, email or send us a message on Whatsapp.

Free Legal Consultation

Also included 3 hours of Free Online Legal Consultation with our Lawyers.

Branch Office

Ideal for Companies looking to access new markets.

What you Get

  • Preparation of Documents & Registration in 24 hrs.
  • Printed Certification of Incorporation.
  • Registered Office Address in Tbilisi for 1 Year.
  • Company Seal.
  • Mandatory Tax Registration in Revenue Service Department.

Branch Office Package Fee  – €1199

FAQ Of A Branch office Company

What is  a Branch Office ?

A Branch Office is a business which is commercially independent from a Head Office. The Branch Office is legally dependent on the Parent Company. It carries out the same type of activities as the Parent Company and in doing so has commercial independence.

What is the role of a Branch Office ?

The Branch Office’s role is to carry out the same business activities as that of the Parent Company in locations other than that of the Head Office.

What are the advantages of setting up a Branch Office ?

  • The Branch Office is useful for gaining an understanding of the local market where it is situated.
  • A Branch Office is cost efficient, with less tax liability due to small annual turnover and has less overhead costs due to its size.
  • Having a Branch Office creates more trust among local customers. It gives the customer greater confidence in the Company.

Also Included in this Package

Government Filing Fee

Included in the price of this package. No surprises or hidden costs.

Unlimited 24/7 Support

We’re available for you 24/7;  just call, email or send us a message on Whatsapp.

Free Legal Consultation

Also included 3 hours of Free Online Legal Consultation with our Lawyers.

Sole Proprietorship

An important feature of carrying out entrepreneurial activity as a sole proprietorship is the fact that an individual is liable for his property with all property belonging to him, with the exception of property, which, in accordance with the law, cannot be levied.

Advantages

  • Simplified business creation and liquidation processes
  • Free use of own revenue
  • Do not pay property tax used in entrepreneurial activities
  • A free waste of money without additional taxation.
  • The simplified decision-making procedure (no assembly, protocols, etc. required)

TAX CONDITIONS

The taxable income of a small business consists of joint income derived from a source in Georgia, in addition to income derived in the form of wages and income that is usually taxed.

As a rule, taxable income of small businesses is taxed at 1 percent.

The taxable income of a person with the status of a small business is taxed at a rate of 3 percent if his or her total income from economic activities exceeds GEL 500,000. A person with a status of a small business is taxed at the rate established by this part, from the beginning of the relevant month (month of establishing the excess of 500,000 GEL of joint income) until the end of the calendar year.

What you Get

  • Preparation of Documents & Registration in 24 hrs.
  • Printed Certificate of Incorporation.
  • Registered Office Address in Tbilisi for 1 Year.
  • Company Seal.
  • Tax Registration in Revenue Services Department.

Sole Proprietorship Package Fee  – €699

Also included in THIS  Package

Companies House Filing fee

Included in the price of all our packages. No hidden costes, what you is what you get.

Free Online Admin Portal

Manage your companies online with our simple, easy to use dashboard (no paperwork required.)

Unlmited 24/7 Support

We’re here for our customers whenever you need; simply call, email or chat with us and we’ll be happy to help