For people who can't fly to Georgia, it is possible to register a company by using a trustee. The process to register a company in Georgia is quite simple. Below is the list of Documents needed to register a company in Georgia:
Power of attorney to our officer that will proceed in your name,
Notarial copy of your client's passport,
Name of the company to be created,
A short business description of your company's activity.
Nota bene: if the company has multiple funders, we shall need a POA per person.
Registering a company is easy but opening a bank account for a new company is not so easy. To open, remotely, a bank account, we shall need:
Power of attorney to our officer that will proceed in your name,
Notarial copy of your client's passport,
Business description,
Business plan (financial oriented),
CV of the founder,
A recommendation letter from your today bank (optional but helpful),
A copy of your bank statements showing your today's business activity (optional but helpful),
A copy of the last balance sheet of your business activity (optional but helpful).
Nota bene: It is not mandatory by the law for a company to have a bank account in Georgia.It can be abroad or via other online services. Check more on our article: /en/our-blog-what-you-need-to-know/business-without-bank-account
The process
Get in contract with us,
you to go to Notary at your usual residence and issue a Power of attorney allowing us to act in your name for company creation and bank account opening, and make an official copy of your passport,
you send the power of attorney and the official copy of your passport to the tribunal that will be able to Apostille documents issued by the Notary,
you to send us the document (Express mail is better, regular mail takes longer),
upon the reception of your document,
we to send your document to official translator and notarial authentication,
we to set appointment to the City Hall for company registration,
we to act in your name at the City Hall,
we to report to you about running process,
we to register created company at the tax office,
we to prepare document for the bank,
we to apply in your name at the bank for a business account,
we to argue with the bank of the consistency of you business,
we to report to you about running process,
you to pay invoice for the service performed,
upon the reception of you payment, we to ship by express mail collected documents.
Nota bene: if your country of origin is not a member of the La Hague Convention, you can use the online service of Notarycam: https://www.notarycam.com/
The time-frame
Issuing POA and copy of passport: 1 week,
shipping documents to us : 3 days,
translation and legalization of documents in Tbilisi: 3 days,
applying to create your company on the following day: 1 hour,
getting the company ID: 1 day,
registering the company to the fiscal portal and getting the Fiscal ID: 10mn,
applying to Bank(s): up to a week,
shipping back document to you: 3 days.
