Opening a Company in Georgia While Living Abroad
- Tinatin Tolordava
- Oct 3
- 4 min read
Table of contents:
Why Georgia Catches the Eye of Global Founders
When you’re running a business abroad, some countries feel like a maze. Endless paperwork, slow banks, hidden taxes, they’re deal-breakers for fast-moving founders. Georgia flips that script.
Here’s a country where you can open an LLC in just 1–2 days, register everything remotely, and enjoy one of the lowest tax environments in Europe. No need to fly in, no need for power of attorney, no endless visits to government offices.
For freelancers, startups, and crypto founders living abroad, Georgia has quietly become one of the best places to register a company.
Can You Really Open a Company Without Living in Georgia?
Yes, and it’s easier than you think. Georgia allows foreigners to register companies remotely. You don’t need residency, you don’t need a Georgian partner, and you don’t even need to step foot in the country.
Through providers like Gegidze, the process is fully digital:
Choose your company structure (LLC is the most popular).
Upload your documents.
Within a day or two, your company is officially registered with the Georgian Public Registry.
The entire setup can be done from your laptop while you’re sitting in Berlin, Dubai, or San Francisco.
Why Founders Living Abroad Choose Georgia
Fast and Simple Registration
In most countries, starting a company takes weeks or months. In Georgia, it’s 48 hours for an LLC. That speed is a game-changer if you need to onboard clients quickly.
Remote Banking
Opening a bank account in Georgia can also be done remotely. Gegidze helps you set up an account in 3–5 business days, no power of attorney required. For foreign founders, this removes one of the biggest barriers to cross-border business.
Low Taxes
Taxes are where Georgia really shines:
Corporate tax is deferred until profits are distributed.
Virtual Zone companies pay 0% corporate tax on foreign IT and blockchain revenue.
International Company status reduces corporate tax to 5% and eliminates dividend tax.
Contractors registered in Georgia pay just 1% turnover tax with Small Business Status.
That combination is nearly impossible to find elsewhere.
Crypto-Friendly Regulations
If you’re in Web3, DAOs, or crypto mining, Georgia is one of the clearest and most efficient jurisdictions. You can run payroll in crypto (converted to fiat), register as a VASP if needed, and benefit from tax regimes like Free Industrial Zones with 0% corporate tax and no VAT.
Step-by-Step: Opening a Company While Abroad
Decide on the structure
LLC is the most common.
International Company or Virtual Zone status for crypto and IT founders.
Prepare your documents
Passport scan, company details, shareholder information.
Submit application remotely
Through Gegidze, all filings are done digitally.
Get approved
Within 1–2 business days, you’ll have a registered Georgian company.
Open a bank account
Remote setup in 3–5 days.
Start operations
From issuing invoices to hiring employees under EOR, everything is legal and compliant.
Living Abroad, Running Business in Georgia
What makes Georgia stand out is that you don’t have to move there. You can live in Spain, Singapore, or Canada while running your company from Georgia.
Clients worldwide pay into your Georgian bank account.
Crypto payments are converted and distributed through compliant channels.
Employees pay only 5% income tax, while contractors pay 1%.
Dividends can be withdrawn tax-free under International Company status.
The result is a fully functional, low-tax business that doesn’t tie you down geographically.
Common Misconceptions
Founders often hesitate because of myths:
“I need to live in Georgia to run a company.”False. You don’t need residency or even a visa.
“I can’t open a bank account remotely.”Wrong. With Gegidze, accounts are opened in days.
“I’ll automatically get tax perks just by registering an LLC.”Not true. You need to apply for Virtual Zone, International Company, or FIZ status separately.
Clearing up these points is crucial for founders living abroad who want to act fast.
How Gegidze Makes Remote Setup Effortless
Handling everything from abroad is possible because Gegidze ties the loose ends together:
Company registration in 1–2 days.
Remote bank account setup in 3–5 days.
Tax optimization with Virtual Zone, International Company, or FIZ applications.
Payroll solutions for employees (5%) and contractors (1%).
Crypto-to-fiat conversion for global payments.
This means no back-and-forth between lawyers, banks, and accountants. One partner manages the entire process.
Why Georgia Beats Other Jurisdictions for Remote Founders
If you’re living abroad and comparing options:
Estonia: e-Residency is popular, but corporate taxes can add up and banks are slow.
UAE: Attractive, but expensive for small teams.
Georgia: Low costs, fast registration, remote setup, and crypto-friendly rules.
For founders who want speed, simplicity, and tax savings, Georgia comes out ahead.
Conclusion: Run a Georgian Company Without Moving There
Opening a company in Georgia while living abroad is not only possible, it’s one of the smartest moves you can make. With fast registration, remote banking, and some of the lowest taxes worldwide, Georgia gives you a platform to grow globally without leaving home.
Ready to open your company in Georgia while living abroad?
Book your free consultation with Gegidze today and get registered, banked, and compliant in less than a week.
