The companies' info

At the top of the business rankings

The transition from a quasi-failed state in 2003 to a market economy, now described as efficient, is one of the major achievements of Georgia in the Caucasus. In 2007, the World Bank recognized the country as the world's leading economic reformer and has always ranked the country at the top of its "Ease Doing Business" index. Georgia is ranked ninth in 2018. Here is an overview of Georgia's ranking according to several Western indices. Not so bad for a country that half of the mortals don't know.

Registering remotely a company in Georgia (the country): how do we proceed?

Sort out the way and the time-frame we need to resister remotely you next company in Georgia.

Running a business without a bank account

It is not an empty phrase to say there is a discrepancy between political will and financial policy in Georgia. Indeed, almost everyone can register a company in Georgia, even remotely, but not every registered company can have a bank account in Georgia.

Foreign investment and tax obligations

Just because you buy real estate abroad does not mean that you will not be confronted with your tax authorities... we specify the key points to know.

Georgian Airways expands its network

While there are already many flights to and from Tbilisi and the Middle East as well as former CIS countries, airlines to Western Europe are still quite rare. The most convenient way to get to Tbilisi from most Western European cities was to fly via Istanbul with Turkish Airways or Fly Pegasus. We say "was"...because Georgian Airways has just opened new air links to Europe. 

Can a foreigner open a bank account in Georgia?

Yes  Opening a bank account in Georgia is easy, fast and very cheap. The Georgian banking system is renowned for its transparency and stability.

Do you need a visa to come to Georgia?

"Do I need a visa?" This is the question most often asked by those planning to visit Georgia. The good news is that in the majority of cases the answer will probably be "No". Georgia has one of the most liberal visa regimes in the world, which is certainly one of the main reasons for the fast development of the tourism industry in Georgia.

Doing business with IT companies in Georgia

The development of the Internet has opened up many opportunities for companies. And among these, software companies are in pole position. Software export is the main source of revenue for a large number of IT companies operating worldwide. There is one country that does not levy taxes on the income of IT companies, namely Georgia in the Caucasus.

AEOI, TIEA, FACTA, international measures to track banking information

Offshore bank accounts are legal. It is perfectly legal to conduct banking transactions on personal bank accounts or offshore bank accounts. But they must meet the requirements of the tax authorities of your country of residence, which in many countries require this type of account to be declared.

What is a Virtual Zone Entity in Georgia?

One of the advantages of Georgian tax legislation for the Information Technology sector, both for local and foreigners, is the avaibility of a special status. The "Virtual Zone Entity" is a legal entity operating in the field of Information Technology to which the Georgian tax administration has granted a special status: Profits generated by a VZE from the sale of IT services outside Georgia are exempt from Tax.

How to set up a company in Georgia

Starting a business in Georgia is a simple process. Incorporation procedures are very limited, efficient and easy, based on a transparent system that encourages the creation of new businesses.  

Company Registration - Mainland

Open a Limited Liability Company. You will benefit from an very interesting tax regime, ultra-simplified accounting, easy opening of personal or corporate bank account with e-banking. You can also via your company buy a property to make it profitable very quickly via its rental.

Taxes and duties in Georgia

A simple tax system with attractive rates makes Georgia a sought-after country for tax residence for a wide range of businesses and individuals looking to optimise their finances.

Opening an LLC in Georgia

An LLC allows you to trade in Georgia. All types of activities are possible You can create a service company, a factory for the local market, a shop, a restaurant...

Why Setting up a company in a free zone of Georgia

There were many advantages of having a company in a Free Zone in Georgia (Caucasus), but things have changed, and BGG explains why.

Open a business bank account

Opening a business bank account has become a tricky business in Georgia for foreign entrepreneurs. Banks have gone from no open policy to a draconian policy where every piece of information about the company and its leader is analyzed in detail beyond the information needs of the bank.

Building partnerships

Market analysis

BGG offers you the opportunity to perform a market study, allowing you to get exact information from the Georgian market.

V.Z Status for IT

Georgian tax legislation offers a number of high-value tax incentives to IT companies operating in the territory and providing IT services to their foreign customers residing outside Georgia. This is the Status of a Virtual Zone.

Personal Assistance

We offer an assistance and follow-up service to assist or represent you in all administrative procedures. We prepare the official documents necessary for the creation and the management of your company in Georgia. The opening of your personal bank account, the opening of your company bank account, licensing and renewal, obtaining and renewing your residence permits.

Company registration in a FIZ

The advantages of opening a company in one of Georgia's Free Industrial Zones are strategic, operational and above all fiscal. 0% VAT 0% Income Tax 0% Dividend Tax 0% Property Tax.

Advise

Gurian Investments LLC, based in Tbilisi, specializes in company creation and outsourcing processes. We advise and support you in setting up your company in Georgia, a country with an attractive tax system, free movement of capital and people, and a strategic location at the heart of a booming market on the borders of Europe, Asia and the Middle East.