- the name of the company, - the type of company, - address, - the goals, - date of starting the business, - date of termination of the year, - details regarding the founder of the company (name, address, place of birth and the profession), - the amount of share capital and details regarding every contribution of each partner, - documents of naming each member of the supervisory board and management board. The application must be accompanied by the charter of company, the documents showing the value of the contributions made in kind, a proof from the Information Center of the Ministry of Internal Affairs that the persons appointed to represent the company are not subject to penalty for proprietary offences, the documents of appointment for the directors and members of the councils. If necessary, all the documents must be accompanied by the notarized and legalized translation into Georgian. A registration fee must be paid before the company is registered in the Entrepreneurial Register. After submitting all the above documents along with the proof of registration fee payment, the company will receive an identification number, a certificate of state and a tax registration.

A company may be liquidated in Georgia for multiple reasons: - the end of the company’s availability, - a court decision based on a request from a creditor, - if the laws are broken by the company, - if a decision is taken during a general meeting by the company’s members. Also, a company may be liquidated very simple if it didn’t issue any shares or didn’t perform any commercial activity. If the company did raise any shares and performed commercial activities, a liquidator is appointed to make all the necessary arrangements in order to liquidate the company established in Georgia

A branch office is essentially an extension of the parent company abroad. This type of company is a sub-unit and it is not a separate Georgian legal entity. This also means that the parent company is liable for the debts and obligations of the Georgian branch. the following documents must be submitted when applying for registration: - the parent company’s decision to open a branch in Georgia; - the original articles of association of the foreign company; - a document containing the names of the authorized representatives for the branch and corporate details about the parent company; - identification details for the appointed director of the branch; - a receipt proving that the registration fee has been paid.

A company in Georgia can become a VAT payer if it is registered voluntarily for this purpose or if its activity falls into the category of businesses that must register for VAT purposes. Compulsory VAT registration is required for: - taxpayers who, within 12 months perform economic activities that have a accumulated value of VAT taxable transaction that exceeds 100,000 GEL; - companies that produce or import excisable goods into Georgia; - legal entities established after a reorganization. Other conditions for registration may apply. Our company incorporation agents in Georgia can tell you more about other cases in which VAT registration is compulsory. Also, we can help you submit the necessary documents for VAT registration at the Georgian Tax Authorities