📅 Days to Register a Company in Georgia

Company Registration Speed in Georgia

The Days to Register a Company indicator measures how many calendar days are required to complete all legally required steps to incorporate a business. Georgia scores 96 out of 100, reflecting a registration time of just 2 days – placing it among the fastest business registration systems in the world.

The Registration Process in Detail

Registering a Georgian LLC (ShPS – Shezghaebuli Pasukhmgeblobis Sazogadoeba) involves only a handful of steps:

1. Name check: Done online via the National Agency of Public Registry (NAPR) portal – takes minutes
2. Document preparation: Charter, shareholder details, and ID – free standard templates are available and can be completed in under an hour
3. Submission: In person at the NAPR or a House of Justice, or online via e-Service.ge
4. Standard registration (GEL 100): Completed within 2 business days; express option (GEL 200) within 1 day
5. Tax identification number: Issued automatically with registration – no separate application required
6. Bank account: Most Georgian banks (TBC, Bank of Georgia) open accounts within 1–2 days

The total process from document preparation to an active legal entity typically takes 2 days at a cost of GEL 100 (~USD 37).

The Houses of Justice as a Model for Public Administration

Georgia's "Houses of Justice" (Samartlis Sakhli) are government service centers combining over 15 public services under one roof – company registration, land registry, passport services, notary functions, and more. Present in all major cities, they are internationally recognized as a benchmark for efficient public administration. The World Bank has cited Georgia's registration reform as one of the most successful in the history of the Doing Business project.

Open to Foreigners: Same Conditions as Georgian Citizens

Non-residents can register a company under the same conditions and timelines as Georgian citizens. No local residency, visa, or pre-approval is required. A foreign national arriving in Tbilisi can have a fully registered Georgian LLC with a tax ID within 2 days. This openness has made Georgia a sought-after jurisdiction for international entrepreneurs, remote workers, and Web3 founders.

No Minimum Capital, No Notary Required

Unlike the United States or Australia – where forming an LLC or Pty Ltd involves varying state-level requirements, registered agent fees of USD 100–300/year (US) and mandatory director residency (Australia) – Georgia's LLC has a statutory minimum share capital of GEL 1 (less than USD 0.40), and notarization of founding documents is not required for standard structures. This removes several of the most common barriers to company formation.

Conclusion: With a score of 96/100 and a 2-day registration timeline, Georgia's company formation system is a genuine competitive advantage. For entrepreneurs and investors, the combination of speed, low cost, and openness to foreigners makes Georgia one of the most accessible business jurisdictions in the world.

This article was created on April 14, 2026