If you’re a freelancer, small team, or international founder, these are the questions you need answered before taking the leap. The good news? Georgia’s business registration process is fast, transparent, and affordable. You won’t find hidden fees or slow-moving bureaucracy like in many other countries.

This article gives you a clear picture of the full cost: registration, legal fees, bank setup, translations, and optional services like virtual address or power of attorney. We also cover timelines and the exact documents required for a smooth launch.

Whether you’re opening a local LLC or registering as a remote founder, here’s what to expect in 2025.

LLC registration costs in Georgia: what you actually pay

Registering a Limited Liability Company (LLC) in Georgia is cheaper than most European or Western countries. But the final amount depends on whether you do it yourself, work with a service provider, or add extras like translations or legal support.

Let’s break down the basic and optional costs.

Government registration fees (mandatory)

Standard LLC registration: 100 GEL
1-day express registration: 200 GEL
Company extract (needed for banking): 10 GEL
Total: 110–210 GEL

Translation and notary fees (if needed)

Translation of passport or power of attorney: 50–150 GEL per document
Notarization: 20–60 GEL depending on the language and translator

Legal address (optional)

If you don’t have a physical office or local address, you can rent a legal address for around 250–500 GEL/year
Some banks require proof of address for compliance

Power of attorney (if registering remotely)

Notarized and apostilled POA: 100–250 GEL depending on the country of origin
Remote registration via proxy: service fees range from 500–1000 GEL

Legal or agency service fees

If you work with a firm like Gegidze, you’ll pay for assistance with registration, documentation, translation, and compliance. Expect to pay 700–1500 GEL depending on the package.

Optional extras

Tax registration and accountant setup: 300–600 GEL
Bank account setup and compliance support: 500–800 GEL
Virtual Zone status application (for IT companies): 300–600 GEL

Estimated total startup cost

DIY registration: 150–400 GEL
Full-service registration with bank account and accounting: 1500–2500 GEL

Timeline: how long it takes to register your company

Business setup timeline: Day 1, Registration; Day 2, 3% Extract + Bank prep; Day 3-7, Bank account + Tax setup. Blue icons with arrows.

Georgia is one of the fastest jurisdictions in the world for company formation. Most LLCs are created in 1 business day.

Here’s the typical timeline:

Day 1

Prepare passport and translation (if needed)
Submit company name, ownership info, and articles of incorporation
Register at the Public Registry office or online
Pay the registration fee

Day 2 (or same day with express service)

Receive company ID number and company extract
Apply for company stamp (if required)
Begin bank account application with your extract and documents

Day 3–7

Open a bank account (takes 1–5 days depending on the bank and your citizenship)
Submit tax registration info via the RS portal
Hire an accountant for monthly tax filing (optional but recommended)

In most cases, foreign founders who are physically present in Tbilisi or Batumi can complete everything within 3 working days.

If you register remotely using a power of attorney, expect 1–2 weeks to complete the process, depending on how fast your local notary and courier services work.

Requirements: what documents you need to prepare

Checklist for registering a company in Georgia: Passport, Company name, Legal address, Charter, POA (if remote). Black text on white.

Georgia doesn’t ask for much to open an LLC, but the few things it does require must be prepared carefully, especially if you’re a foreign national.

Here’s what you’ll need:

For the founder(s):

Valid passport (original + notarized Georgian translation)
Personal identification number (assigned during registration)
If registering remotely: notarized and apostilled Power of Attorney

For the company:

Unique company name (in English or Georgian)
Legal address in Georgia
Company charter (standard template works for most cases)

If you’re using a proxy:

Power of attorney document
Name and ID of your legal representative in Georgia

Need help gathering these? Our full checklist is in the business account document guide.

What happens after registration: next steps you shouldn’t skip

Post-registration checklist on the left, with tasks like opening a bank account. Right: a whimsical clock tower against a vibrant blue sky.

Once your LLC is officially registered, the paperwork is done but the business setup is not. Here’s what you need to do next:

Open your business bank account

This step often trips up founders. Georgian banks have strict compliance rules. Without the right documentation, your account might be delayed or flagged later.

To open a business account, you’ll need:

Company registration extract
Notarized passport
Company charter
Proof of legal address
Tax registration confirmation (sometimes optional)

Depending on the bank, you might be asked for:

Office lease agreement
Business plan (if you’re non-resident or sending high-volume transfers)
Power of attorney (if someone else applies for you)

We’ve detailed the entire process here: How to Open a Corporate Bank Account in Georgia

You’ll need to activate your company profile online. This allows you to:

Declare taxes
Apply for VAT registration
Submit monthly reports
Appoint your accountant or proxy
Apply for Small Business Status if needed

The process is digital, but it must be done correctly. Incorrect or missing filings lead to fines, even if unintentional.

Set up monthly accounting

In Georgia, most taxes are filed monthly, even if you have no income yet. That includes:

Revenue tax
VAT (if applicable)
Salary tax and pension contributions (if you have employees)

A local accountant will file these for you. Expect to pay around 200–400 GEL/month for ongoing support. Gegidze connects you to trusted English-speaking accountants who specialize in foreign-owned businesses.

You can find our full accounting timeline here: Your Monthly Tax Filing Timeline in Georgia

Optional tax statuses that reduce your burden

Once you’ve registered, you may be eligible for two major tax incentives in Georgia:

Small Business Status (I.E. only)

If you're an Individual Entrepreneur with less than 500,000 GEL in annual revenue, you can apply for Small Business Status. You’ll pay only 1% tax on turnover.

This doesn’t apply to LLCs but is ideal if you're working as a solo consultant, coach, designer, or freelancer.

More here: 1% Tax in Georgia: Easy Business Setup

Virtual Zone Status (for LLCs in IT)

If you run an LLC that provides software or digital services to foreign clients, you can apply for Virtual Zone status.

Benefits:

0% tax on income from foreign IT services
5% dividend tax only when withdrawing profits
No VAT for exports

Only LLCs are eligible. The application is free and takes about 7–10 days. We help clients structure their business to qualify.

Summary table: full setup cost breakdown

Here’s a sample budget showing estimated costs in GEL for a foreign founder setting up an LLC in Tbilisi in 2025:

Item	Cost (GEL)	Notes
Government LLC registration	100–200	Standard or express
Company extract	10	Needed for bank
Translation & notarization	100–250	Depends on language and documents
Legal address (1 year)	250–500	Optional but recommended
Power of attorney (if remote)	150–300	Apostilled in your home country
Bank account setup support	500–800	Includes document prep and compliance check
Virtual Zone application (optional)	300–600	For IT companies only
Accountant setup	300–600	First month + RS portal connection
Gegidze service package	700–1500	Full registration, translation, filing, legal guidance
Estimated Total	2500–4000 GEL	Varies by service level and business structure

If you register on your own and skip extras, the minimum cost is around 150 GEL. But for most serious founders, budgeting 2500–3000 GEL ensures full compliance and stress-free onboarding.

Key compliance rules to watch after registration

Georgia is friendly to business, but it expects structure. Here are some rules that apply once you’re active:

Monthly tax filing: Even with zero income, you must declare
Banking documentation: All large inbound/outbound transfers must be explained
Invoice retention: You must keep digital or paper records of every transaction
Legal address updates: If you move, update your registry info
Foreign staff reporting: You must report contracts with foreign employees or contractors

Gegidze clients receive monthly compliance reminders and accountant coordination to prevent missed filings.

Common registration mistakes (and how to avoid them)

Flowchart with "Top 5 Mistakes to Avoid" in center, surrounded by circles: Late Bank Application, Random Address, Mixed Transfers, VAT Delay, No Accountant.

Mistake 1: Using a random legal address

Many people register with an address they don’t control. Later, when banks or tax authorities send letters, no one receives them. Always use a verified legal address.

Mistake 2: Opening a bank account too late

Banks take up to a week to review compliance. Don’t delay your application—start right after registration.

Mistake 3: Mixing personal and business transfers

If you send personal money into your LLC bank account or vice versa, you may trigger a compliance review. Always keep things separate.

Mistake 4: Not registering for VAT when required

If your local turnover exceeds 100,000 GEL, you must register. Avoiding this leads to penalties.

Mistake 5: DIY filings without an accountant

Many foreign founders try to file taxes on their own. But RS portal errors are easy to make and hard to undo. Hire a local expert.

Why Gegidze clients finish setup faster

We’ve helped over 300 entrepreneurs open legal, compliant companies in Georgia, without getting stuck on paperwork or frozen bank accounts. When you work with us, you get:

Company registration and charter filing in English or Georgian
Verified legal address and local point of contact
Passport translation and notarization
Revenue Service portal setup and profile activation
Bank account assistance with top Georgian banks
Accountant matchmaking and compliance tracking
Optional residency support, Virtual Zone application, or business restructuring

Most of our clients launch in under 5 working days.

Want your Georgia LLC registered without the hassle?

Book a free consultation with Gegidze today.

We'll show you the fastest way to register, open your bank account, and file clean monthly reports, no guesswork, no missed steps.

Frequently asked questions (FAQ)

What is the government fee to register an LLC in Georgia?

The standard government fee is 100 GEL. You can pay 200 GEL for express same-day registration. An additional 10 GEL is required for your company extract.

How much should I budget for full-service business registration in Georgia?

With translation, legal address, bank support, and accounting setup, expect to spend between 2500–4000 GEL. Gegidze offers tailored packages based on your structure and business model.

Can I register an LLC in Georgia remotely?

Yes. With a notarized and apostilled power of attorney, you can complete the full registration without visiting Georgia. Gegidze manages the process on your behalf.

Do I need a Georgian address to open a company?

Yes. A legal address in Georgia is required to register any company. If you don’t have one, you can rent a virtual legal address for business use.

How long does it take to register a business in Georgia?

If you’re physically present, it takes 1 business day with express service. Remote setups take 1–2 weeks depending on document delivery and bank timelines.