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Simplifying Company Setup in Georgia, Tbilisi, and Batumi with VirtualuriOpisebi.ge

 

Setting up a company in Georgia, specifically in the vibrant cities of Tbilisi and Batumi, can be a rewarding endeavour for both local and international entrepreneurs. In this article, we will explore the process of setting up a company in Georgia, focusing on two popular business entity types: Limited Liability Company (LLC) and Joint-Stock Company (JSC). We will also highlight how VirtualuriOpisebi.ge can assist in the company setup process, making it easier and more efficient.

 

1. Setting up a Limited Liability Company (LLC):

- Choose a Unique Name: Select a unique name for your company that complies with Georgian naming conventions.
- Prepare the Articles of Association: Define the company's structure, management, and operational details in the Articles of Association.
- Register with the Public Registry: Submit the necessary documents, including the Articles of Association, identification documents, and proof of address, to the Public Registry.
- Obtain Tax Identification Number (TIN): Apply for a TIN, which is required for tax purposes, by submitting the necessary documents to the Revenue Service.
- Register with the Social Service Agency (SSA): If you plan to hire employees, register with the SSA to fulfil your obligations as an employer.

2. Establishing a Joint-Stock Company (JSC):

- Choose a Unique Name: Select a unique name for your JSC, adhering to Georgian naming regulations.
- Prepare the Charter: Draft a Charter that outlines the company's structure, governance, and shareholder rights.
- Conduct a General Meeting: Hold a General Meeting with the founding shareholders to approve the Charter and appoint initial board members.
- Register with the Public Registry: Submit the Charter, identification documents, and proof of address to the Public Registry for registration.
- Obtain Tax Identification Number (TIN): Apply for a TIN from the Revenue Service by submitting the required documents.

3. Simplifying the Company Setup Process with VirtualuriOpisebi.ge:

- Expert Guidance: VirtualuriOpisebi.ge offers professional assistance throughout the company setup process, ensuring compliance with legal requirements and regulations.
- Document Preparation: VirtualuriOpisebi.ge helps prepare the necessary documents, including the Articles of Association or Charter, saving time and effort.
- Public Registry Support: They assist in submitting the documents to the Public Registry and handle any follow-up inquiries or requirements.
- Virtual Address Service: VirtualuriOpisebi.ge provides a virtual address service, allowing businesses to have a prestigious address in Tbilisi or Batumi without the need for a physical office space.
- Ongoing Support: VirtualuriOpisebi.ge offers ongoing support and can assist with additional services such as bank account opening and mail handling.

Setting up a company in Georgia, whether as an LLC or JSC, can open doors to exciting business opportunities in Tbilisi and Batumi. With the support of VirtualuriOpisebi.ge, the process becomes more streamlined and efficient, allowing entrepreneurs to focus on their core business activities. By leveraging their expertise, entrepreneurs can navigate the legal requirements and enjoy the benefits of a virtual address service, ensuring a strong foundation for their company's success.

 

This article is for informational purposes only and should not be considered legal or financial advice. It is recommended to consult with professionals and relevant authorities for personalized guidance based on specific circumstances.