Ready-made company in Georgia

A ready-made company in Georgia is a practical mechanism for quickly starting a trade in a polity with a favorable investment sphere, an open excise system and simplified regulatory sequences. For traders and financiers who do not want to waste time on forming a new organization, obtaining an excise ID and opening a bank account, purchasing an already enrolled trade entity becomes a justified choice. Such a step ensures an immediate start of trade operations, since the buyer already has a licitly enrolled enterprise with a trade history, an enrolled charter and, in some cases, valid contracts and a client base.

The polity is deservedly considered among the most promising areas for commercial activity. This polity attracts financiers with its economic stability, flexible excise system and the opportunity to conduct transnational trade without currency barriers. The authorities consciously create a favorable climate for foreign financiers, minimizing bureaucratic barriers, accelerating the conclusion of deals and eliminating corruption factors. Getting the shelf firm in the polity allows you to instantly leverage these advantages, reducing the time for registration formalities and ensuring quick entry into the market. Also, the strategic location between Europe and Asia, participation in global trade agreements and open access to the EU and CIS markets make the polity an alluring place for starting and expanding a trade with transnational prospects.

In this article, we will examine in detail all the important aspects linked to the acquisition of a ready-made enterprise in Georgia. You will learn what advantages this jurisdiction provides to the trade community, what stages include, what excise breaks are available to new owners and what aid novice financiers are entitled to count on. We will also consider the licit details of the deal, probable risks and ways for reducing them, so that you can make an informed decision when purchasing a company and confidently begin working in the polity.

Pros of the jurisdiction

The polity has consistently maintained its status as among the most alluring territories for doing trade, combining economic stability, a loyal excise system and simple sequences for enrolling licit entities. Recently, this polity has successfully attracted foreign capital, offering minimal bureaucratic constraints, favorable excise conditions and ample chances for barrier-free trade in key transnational markets. Thanks to these factors, the polity is becoming a strategically important platform for financiers seeking to implement projects in a region with high economic potential.

Among the polity’s main strengths is its stable macroeconomic sphere. The polity’s economy has been growing steadily, despite external influences, while inflation rates are kept under control. Financiers value the predictability of the polity’s economic policy, which plays a decisive role in long-term planning. Buying an existing business in Georgia is a profitable solution for those who want to leverage these advantages without having to go through complex registration sequences from scratch. The polity does not impose strict constraints on expats, and simplified ways for enrolling property and interacting with official bodies form a favorable sphere for transnational investment.

The polity also benefits from its geographic location. As a bridge between Europe and Asia, the polity has access to key transport routes, which provides ample opportunities for transnational commerce. Free trade agreements with the EU, China and a number of CIS territories allow local endeavours to work freely with these large markets. Buying a ready-made company in Georgia is an effective solution for export-oriented financiers who want to quickly enter transnational markets and leverage preferential trade conditions. For them, this is a strong argument when choosing a site for starting or expanding a trade.

Another significant factor that distinguishes the polity from its neighbors is the openness of trade. A simplified sequence for enrolling licit entities allows you to establish a new organization in literally 24 hours. State registries are open for inspection, and the bureaucratic burden is reduced to a minimum. Such a sphere asserts simplicity and predictability in matters of oversight and purchasing firms. Transnational ratings (for example, trading) highly rate the polity’s trade sphere for its efficiency, accessibility, and low corruption risks.

Among other things, the polity is characterized by among the most liberal pecuniary setups in the region. Absence of currency constraints, so expats can transfer capital abroad without any obstacles. This simplifies the pecuniary activities of transnational corporations that value flexibility in asset management. A shelf firm in the polity allows you to instantly leverage these advantages, ensuring the free movement of funds and simplified access to banking services. Initiating a trade account here is also easy: Georgian banks provide tools for remote servicing and multi-currency settlements, which is especially important for those who operate in different markets equally.

Thus, the polity combines economic stability, loyal taxation, strategic geographic location and convenient conditions for entrepreneurial activity. The combination of these factors makes it among the most advantageous jurisdictions for a shelf firm, providing financiers with a solid foundation for confident trade development at the global level.

Pros of buying a company over enrolling from scratch

Purchasing an existing enterprise in Georgia provides financiers with a significant advantage over enrolling a company from scratch. This allows them to avoid a number of bureaucratic obstacles and save time on launching commercial processes. Unlike independently creating a new licit entity, purchasing an existing organization allows you to instantly start working, using the existing infrastructure and accumulated trade experience. This format is especially useful for those who want to quickly enter the market, minimizing time and administrative costs.

Among the key advantages of a ready-made company is the ability to start instantly. Although the sequence for enrolling firms in the polity is quite simplified, it still includes mandatory stages: preparing constituent indentures, conveying an enrollment to the state register, enrolling with the fiscal authority and obtaining permits. However, purchasing a ready-made enterprise in Georgia allows you to avoid all these sequences, since the trade is already enrolled and has the prime indentures. This saves the new owner from unnecessary paperwork and waiting for official confirmation, allowing you to start working instantly.

The buyer of a ready-made firm receives the entire package of enrollment indentures, including the charter, excise registration certificate and confirmation of the current licit address. This makes it possible to instantly make deals, sign contracts and interact with banks and government agencies without additional delays. It is especially important if the firm is already enrolled as a VAT payer, since the new owner does not need to go through a lengthy sequence to confirm this status, which additionally saves time.

A significant advantage is also the availability of a ready licit address and an already opened bank account. When enrolling a new organization in the polity, it is prime to confirm the address of the trade, which usually involves either renting premises or enrolling a virtual office. When purchasing an existing enterprise, the financier bypasses this step, and an available current account simplifies pecuniary deals and eliminates repeated sequences at the bank.

Also, buying an existing business in Georgia can be beneficial in terms of reputation. A firm with already formed contracts, its own client base and a proven trade history gives the new owner the opportunity to avoid the stage of gaining the trust of counterparties. This is especially relevant for foreign financiers who are looking to quickly integrate into the Georgian market without the need to build the status of a reliable associate from scratch.

Convenient integration into the market is another strong argument in favor of purchasing a registered business in Georgia. In a number of industries (trade, logistics, consulting), having a proven history of activity is of paramount importance, since large partners and suppliers prefer to work with organizations whose indicators and reliability have already been confirmed by practice. When working with a “newcomer” on the market, difficulties may arise in concluding undertakings and getting favourable criteria, since the lack of a trade history is often regarded as an increased risk.

Ultimately, a shelf firm in the polity is a rational decision that allows you to quickly start working, bypassing bureaucratic formalities and providing a reliable basis for further development.

Forms of companies in Georgia

When opting for a shelf firm in the polity, you need to consider the organizational and licit status, since it affects the scope of liability of the founders, the nature of taxation and the prospects for economic activity. The polity's legislation supplies for several options for licit structures, each of which has its own characteristics and is better suited for certain tasks.

This is the renowned form of trading in the polity, as it covers almost all areas of mercantile activity. Its advantages include the simplicity of establishment, reduced needs for the authorized money and limited liability of participants.
LLC owners are liable only within the limits of their own contribution, and their personal property is not affected by the firm's debts. Such a mechanism is ideal for both regional and foreign financiers. The organization can have one or more founders and carry out transnational deals without constraints.

A more complex corporate model aimed at attracting serious investments. The JSC format allows issuing securities and involving external shareholders in the project. Unlike an LLC, a JSC is required to maintain detailed accounting records, report to government bodies and adhere to corporate rules, including holding shareholder meetings. Purchasing a ready-made company in Georgia in the form of a JSC may be the optimal solution for financiers who want to quickly enter the market with an already formed management structure.

Joint-stock firms are divided into open and closed. In the first case, shares can be traded on the stock exchange, and in the second, they are distributed among a limited circle of financiers. This format is especially relevant in the banking sector, insurance, energy and other capital-intensive industries.

Choosing the optimal form of trade

The optimal solution for the organizational and licit form is determined by the goals and specifics of the activity:

• For medium and large organizations operating transnationally, an LLC is the best option, as it provides flexibility, reliable capital protection and free opportunities for cooperation with foreign counterparties.
• When planning to attract outside financiers or enter the stock market, it is worth paying attention to a JSC. However, it is prime to consider the complex set of corporate sequences and more stringent accounting requirements.

The final choice of trade form also depends on excise specifics, the level of responsibility of the founders and local regulations. Before concluding a deal to acquire a shelf firm in the polity, it is prime to familiarize yourself in detail with its licit status and make sure that it is optimal for the implementation of your trade goals.

The sequence for acquiring a company

Registering an existing business in Georgia requires careful analysis and adherence to a certain sequence. This helps to avoid licit and material complications. The process of buying a firm is divided into several main steps. These include: opting the right enterprise, its detailed assessment, signing an agreement, re-enrolling with government agencies and transferring ownership. Let's look at each stage separately.

Selecting a suitable enterprise

The initial step is to identify an organization that meets trade goals and the buyer's criteria. A ready-made company in Georgia allows you to speed up the process of entering the market, avoiding lengthy registration sequences and instantly starting work. In the polity, such an endeavour can be found in various ways:

• On specialized Internet resources (so-called business exchanges). Here, firms from different industries are presented, which simplifies comparing options and choosing the best solution.
• Through intermediaries and consulting structures. They select an endeavour, provide licit support for the deal and help reduce risks.
• Directly from the owner. In this case, a private agreement is concluded without involving third parties.

When selecting a firm, it is prime to consider its licit status, possible pecuniary debts and reputation in the market. The reliability of pecuniary indicators is needed. For this, profit, debts and availability of resources are checked. It is also important to make sure that the firm has no litigation or problems with supervisory authorities. For firms engaged in regulated segments (for example, finance, construction, tourism), it is prime to make sure that they have all the required permits and licenses. Additionally, the client base and status in the market are assessed, because a positive endeavour reputation simplifies entry into the industry and helps to establish partnerships.

Due Diligence

Before concluding the contract, the buyer conducts a comprehensive audit of the firm. The Due Diligence sequence helps to detect hidden dangers and ensure that the purchased ready-made company in Georgia meets the declared parameters.

1. Material audit. Includes a meticulous analysis of accounting data, an assessment of accounts receivable and payable, and a search for possible hidden liabilities (fines, loans). This shows the real state of capital and helps prevent unexpected problems.
2. Licit audit. Focuses on studying the licit status of an endeavour. It includes checking lawsuits in which the organization may have participated, analyzing corporate indentures, and checking the availability of all required licenses. Identifying any violations in advance allows you to avoid licit complications in the future.
3. Excise audit. Prime to identify possible unpaid levies and errors in reporting. If the firm has excise debts, they may be transferred to the new owner.
4. Reputation analysis. Includes research into the history of interactions with partners and customers. Sometimes a firm has informal obligations that you should be aware of before making a final decision to buy a ready-made company in Georgia.

Execution of a purchase and sale agreement

After completing Due Diligence, the parties proceed to the conclusion of the deal. The purchase and sale agreement must reflect:

• The final cost of the endeavour and the payment sequence.
• Complete list of transferred assets and debts.
• Conditions for the transfer of corporate rights.
• Seller's guarantees against unpaid amounts and legal disputes.
• Obligations of each party after the deal is completed.

At this stage, it is important to involve a qualified lawyer. He will check the licit correctness of the indentures and protect the interests of the buyer.

Making changes to state registers

After signing the contract, the firm must be officially enrolled to the new owner. Procuring an enrolled venture in the polity needs making changes to the constituent indentures and state registers. To do this, the indentures are conveyed to the National Agency of Public Registry of Georgia. The sequence includes:

• Registration of changes in information about owners.
• Updating information about the board of members.
• Notification to the excise authorities about the change of ownership.

As a rule, re-enrollment takes several working days. Upon its completion, the buyer receives licit prerogatives to the firm.

Thus, the acquisition of a working business in Georgia consists of several stages, each of which requires special attention and professional support. High-quality selection of the firm, deep verification and correct execution of the deal will help to avoid undesirable consequences and lay a solid foundation for entrepreneurial success. Given the transparent directives for registration and trade oversight in the polity, the entire sequence usually takes a short time and brings tangible benefits.

Mandatory indentures when purchasing a firm

To complete a deal to purchase an existing business in Georgia, a whole set of indentures is required to confirm the legality of the deal and the safety of the new owner. The main indentures include statutory and registration certificates, pecuniary statements, as well as indentures certifying property rights and the absence of debts. If the enterprise operates in a licensed industry, permission from an authorized body may be required. The main categories of indentures are listed below.

Constituent indentures

These are the key indentures that prove the official creation of the firm and regulate its internal structure:

1. Charter of the enterprise. The basic document that describes the management mechanisms, the distribution of functions among the participants and the sequence for changes in the composition of the founders. It is prime to check whether there are any constraints on the transfer of shares in the charter.
2. Memorandum of Association (if used). Relevant when a firm is created by several founders. It sets out their obligations, the sequence for distributing profits, and the sequence for existing trade in the polity.
3. Minutes (decisions) of founders' meetings. Include information on all significant changes, including the appointment of management, increase in authorized capital, and permission to sell the firm.

Registration certificates

They confirm the legality of the organization and its presence in official registers, which is especially important when getting a shelf firm in the polity for quick entry into the market.

1. Certificate of Registration (issued by the National Agency of Public Registry of Georgia). Confirms the fact of the firm's establishment and its current status.
2. Business Identification Code (Business Registration Number). Used when interacting with government agencies and banking institutions.
3. Excise registration document. Confirms that the firm complies with fiscal requirements and is enrolled with the relevant authority.
4. VAT Payer Certificate (if applicable). Mandatory for firms operating in trade and export, allowing for the reimbursement of value added duties paid.

Pecuniary statements

Cash flow data provides a clear understanding of the actual position of the firm and its risks, which is especially important when acquiring an existing business in Georgia, allowing you to assess its stability and prospects.

1. Pecuniary statements for the last two to three years. These include balance sheet, profit and loss statements, cash flow.
2. Information about debts. It is prime to check for the presence of loans, fiscal debts and other pecuniary obligations.
3. Agreements with counterparties. If there is active activity, it is prime to familiarize yourself with key agreements to assess possible risks.

Property indentures and obligations

If the firm owns real estate, transport or equipment, the confirmation must be properly completed, especially when purchasing an existing trade in the polity, to avoid licit and pecuniary risks.

1. Lease agreements or title deeds (for warehouses, offices, production facilities).
2. Registration papers for transport (if using cars, special equipment). It is prime to make sure that there are no encumbrances.
3. Licenses and permits. Certain activities (finance, construction, tourism) are subject to mandatory licensing. It is prime to make sure that the permits are valid and do not require renewal.

Careful collection and analysis of all the above indentures is a prime condition for a safe deal. Proper verification of statutory indentures, pecuniary statements, property rights and potential liabilities reduces risks and prevents negative consequences. Purchasing a ready-made business in Georgia requires special attention to licit purity, so experts recommend contacting professionals who will help perform an audit and ensure compliance with all formalities.

Levy in Georgia

The polity has an alluring and uncomplicated impost system that encourages trade development and attracts foreign investment. The polity uses a model similar to Estonia, in which profit levies only arise when income is distributed. Buying a ready-made company in Georgia allows you to instantly leverage these benefits, giving you the opportunity to reinvest funds without additional impost burden.

Main levies for financiers

There are several basic impost payments that market participants are required to make:

• CIT: The rate is 15%. The impost is levied only when profits are distributed to shareholders or owners of the firm. If profits are retained by the firm and reinvested, there is no impost.
• VAT: The standard rate is 18%. VAT is mandatory for firms with an annual turnover exceeding the statutory threshold, as well as for those engaged in import and retail trade.
• Dividend levy: The rate is 5% and applies when profits are distributed to shareholders or owners of the firm.

Preferential regimes and preferences

The polity provides special fiscal regimes for various sectors of the economy, reducing the fiscal burden and creating promising criteria for doing business. Purchasing a registered company in Georgia allows you to instantly leverage these benefits, minimizing impost expenses and simplifying trade operations.

• "Virtual Zone" regime for IT firms: firms enrolled in the virtual zone of the polity and providing IT services outside the polity are exempt from profit duties and VAT.
• Small trade regime for sole proprietors: financiers with an annual turnover of up to GEL 500,000 ($173,600) can pay impost at a rate of 1% of revenue. However, from 1 February 2025, firms engaged in building construction, civil engineering and specialised construction services will not be able to benefit from this preferential regime and will be levied at a rate of 20% of net income.
• International Tax Treaties: The polity has signed over 50 double taxation treaties, which facilitate the activities of firms operating transnationally and help optimize fiscal obligations.

Thus, due to low rates, transparent administrative sequences and a number of benefits, the acquisition of a ready-made business in Georgia becomes a profitable solution for financiers, and the polity itself continues to remain among the most competitive jurisdictions in the region for commercial projects and foreign investments.

Initiatives to promote entrepreneurship

The polity consistently promotes the development of the private sector, offering a wide range of programs aimed at strengthening the position of SMEs, as well as supporting start-up projects. Buying a shelf firm in the polity allows financiers to instantly benefit from these support measures, accelerating trade development. Below is an overview of the main measures, including their benefits, eligibility criteria, and enrollment sequence.

Enterprise Georgia program

The initiative, launched in 2014, is designed to strengthen micro, small and medium entrepreneurship in the manufacturing sector. Purchasing an existing company in Georgia allows you to instantly leverage the program's opportunities by gaining access to government support measures.

Advantages:

• Grants: Subsidies of up to 30,000 GEL ($10,400) are provided to start trade projects. For applicants from the regions of Imereti, Racha-Lechkhumi, Kvemo Svaneti, Guria and Kakheti, the grant amount can reach 40,000 GEL ($13,900) thanks to additional pecuniary support from the European Union.
• Subsidizing loan interest: The state budget partially compensates interest payments on loans, reducing the burden on financiers.
• State guarantees: Providing sureties of up to 80% of the loan amount, which simplifies access to borrowed funds.

Participation criteria:

• Adult citizens of the polity.
• Having a trade idea that corresponds to one of more than 300 economic activity areas listed under the program. Buying a registered company in Georgia that is already operating in one of these areas allows you to gain quicker access to government support and avoid the lengthy process of creating a trade from scratch.
• Own investments of at least 20% of the grant amount (for mountain municipalities - from 10%).

Enrollment submission algorithm:

1. Submit an enrollment on the official website of the program within the specified time frame.
2. Prepare a trade plan and a complete list of required indentures.
3. Go through the competitive selection sequence and wait for the final decision.

Grow the future program

An initiative aimed at supporting the agricultural sector and export-oriented projects. The acquisition of an operating enterprise in Georgia in this sector allows you to instantly leverage the benefits provided and accelerate your entry into transnational markets.

Advantages:

Non-refundable subsidies: The state compensates up to 70% of the cost of agricultural planting material and up to 50% of the costs of installing irrigation systems. Buying a ready-made agricultural business in Georgia allows you to instantly leverage these support measures, reducing initial investment costs.

Participation criteria:

• Persons working in agriculture and focused on exporting products abroad.
• Availability of an agricultural enterprise development plan and confirmed own funds.

Enrollment submission algorithm:

1. Submit an enrollment through the official program portal.
2. Provide a detailed description of the project and pass the competitive selection.

Startup Georgia program

An initiative launched in 2016 to support original startup projects in various fields, including IT, nanotechnology and robotics solutions. Purchasing a ready-made company in Georgia operating in these high-tech sectors allows you to instantly benefit from government support measures and accelerate the development of innovative endeavours.

Advantages:

• Financing: Possibility of receiving investments up to 100,000 GEL (34,725 USD) without the requirement of mandatory co-financing from the applicant.
• Shared ownership: 95% of the property remains with the project initiator, 5% belongs to the agency for a maximum period of 7 years.
• Mentoring: Providing expert assistance and training consultations to advance the project. Purchasing a shelf trade in the polity allows you to instantly use these resources, accelerating the process of adaptation and development of the firm.

Participation criteria:

• Individuals or teams with innovative ideas.
• Availability of a detailed trade plan and readiness to implement the project.

Enrollment submission algorithm:

1. Submit an enrollment electronically through the official website of the program.
2. Submit an innovative concept and go through a competitive review process.

Participation in the listed programs provides endeavours with significant benefits, including pecuniary injections, reduced fiscal obligations, and access to specialized consultations. Purchasing an existing business in Georgia allows for faster access to these support measures, since an already enrolled firm can meet the requirements of the programs. To successfully join any of them, it is recommended to carefully analyze the conditions and prepare a detailed trade plan.

Free Industrial Zones (FIZ)

The polity is consistently developing free industrial activity zones (FIZ), creating favorable trade conditions for businessmen. As of now, there are four such zones in the polity, located in key locations: Tbilisi, Poti and Kutaisi.

Main Free Industrial Zones in Georgia

Several FIZs have been created in the republic, each of which provides special advantages for conducting commerce and focuses on different industry areas. The acquisition of a enrolled firm in one of the FIZ of the polity authorizes you to instantly leverage fiscal preferences and simplify foreign economic activity.

• Poti FIZ, founded in 2007 by Rakia Georgia FIZ LLC, is considered the largest in the polity. Its location in close proximity to the Poti seaport guarantees direct access to shipping routes, which is beneficial for transport logistics and foreign trade operations. The large territory of the zone is of particular interest to large manufacturing firms and export-oriented enterprises.
• Hualing Kutaisi SIZ, established in 2015 by Hualing Group, operates in the city of Kutaisi, just 19 km from the transnational airport and 90 km from the port. Within this zone, numerous ready-made commercial premises and favorable working conditions are provided, which is valuable for firms engaged in manufacturing and export.
• SIZ Kutaisi, established in 2009, is located on the site of the former Kutaisi Automobile Plant and covers an area of approximately 27 hectares. Its location 10 km from Kutaisi Airport is alluring to organizations specializing in technology, trade, logistics and light industry. Flexible lease rules and developed infrastructure help attract foreign financiers.
• Tbilisi Free Zone, managed by Tbilisi Free Zone JSC (owned by BitFury Group), is located in the capital of The polity. The zone focuses on high-tech projects and innovative enterprises, creating optimal conditions for IT startups, fintech projects and technological developments.

Each of these zones provides unique benefits, including special impost regimes, favorable locations, and fully-fledged infrastructure. This makes them an optimal choice for multinational organizations seeking to streamline business processes in Georgia.

Benefits of working in PPE

Legal entities registered in Georgian FIZs enjoy a number of significant benefits, making these zones an alluring option for transnational trade. Among the determining factors is the complete exemption from major duties, including income levy (15%), VAT (18%), dividend levy (5%) and property levy (up to 1%). This reduces daily expenses, increases competitive advantages and facilitates access to global markets.

In parallel, FIZ provides simplified bureaucratic sequences that allow for quick registration of an organization and getting the required permits without lengthy administrative red tape. Purchasing a ready-made company in Georgia registered in FIZ further accelerates this process, allowing financiers to start trading instantly.

Additionally, firms in the FIZ can freely conduct currency deals in any format, both within the zone and when interacting with external counterparties. This is especially useful for firms operating on a global scale.

Unlike generally accepted forms of registration, structures in the FIZ are not required to have a minimum authorized capital, which reduces the pecuniary barrier to launch and makes these zones accessible even to SMEs teams.

There are also no constraints for foreigners in terms of trade ownership and profit transfer. Foreign financiers have the right to fully control their enterprises and freely withdraw income from the polity, which makes the acquisition of a ready-made business in Georgia a particularly alluring solution for transnational projects.

Working conditions in PPE

Certain rules must be followed to register and trade in the Georgian FIZ. Firms can engage in manufacturing, processing of products and provision of services, with the exception of operations linked to trade in weapons, ammunition, radioactive materials, narcotic substances and tobacco products.

The premises inside the SIZ are used exclusively for trade purposes, without the right of residence. Customs posts are located at the borders of the zones, so all residents are required to comply with the requirements linked to the import and export of goods.

To register a firm in the SIZ, you need to provide a standard package of indentures: the charter, information about the founders and management, and a trade plan. Registration usually takes from one to three business days.

With levy incentives, convenient location and progressive infrastructure, Georgian FIZs create optimal conditions for entrepreneurial activity. Purchasing a registered company in Georgia operating in a free industrial zone allows you to instantly leverage these advantages, which is especially in demand among organizations targeting transnational markets and efficient logistics solutions.

The importance of licit support when acquiring a licit entity

Setting up an existing business in Georgia is a serious investment that requires not only pecuniary costs, but also in-depth licit analysis. Although the Georgian regulatory framework is considered open and understandable, mistakes at the deal stage can lead to pecuniary and licit consequences. These include re-registration of debts, cancellation of licenses, or claims from levy authorities. For this reason, cooperation with a professional licit advisor is considered the most important component of a safe trade acquisition.

Ways to minimize risks

The task of lawyers accompanying the process of purchasing a trade is to identify and reduce risks that may entail serious liability for the new owner. Also, without due diligence in the procurement, it may lead to unexpected liabilities, such as unpaid debts. Without a comprehensive audit, the acquirer risks taking on unfulfilled credit obligations, debts to the state or claims from counterparties, which will significantly complicate the further functioning of the firm.

Another important aspect is the licensing sphere. In a number of industries, it is impossible to operate without the appropriate permits. If the license has expired or was obtained in violation of the law, the enterprise may lose the right to operate, which will lead to losses and the elimination of commercial potential.

Levy transparency is another key element. Even if the reporting is submitted on time, the levy office may find discrepancies, and the responsibility for them will fall on the new owner in the form of penalties.

Reputational risks should also be taken into account. Buying a registered company in Georgia requires a thorough check of its trade history to avoid potential problems. It is worth finding out in advance whether the firm has been involved in criminal or civil proceedings, whether it has participated in fraudulent schemes, and whether it has a negative resonance in the trade community.

Licit experts accompanying the deal perform a comprehensive review of the documentation, assess the licit reliability of the enterprise and develop recommendations for the execution of the deal taking into account the legislation. This helps to avoid hidden problems and lay a solid foundation for trade development.

Mandatory licit sequences

The acquisition of an existing enterprise in Georgia consists of several stages, which must be supervised by qualified experts:

1. Study of statutory indentures
   • Checking the charter, memorandum of association and registration certificates.
   • Studying the provisions regarding the transfer of ownership (especially if the charter contains constraints).
2. Due Diligence
   • Analysis of court cases in which the firm was involved.
   • Study of the proprietorship structure and establishment of ultimate recipients.
   • Assessing abidance with licit needs, including the availability of valid licenses.
3. Preparation and conclusion of a purchase and sale agreement
   • Formation of the terms of the deal, including cost, mechanisms for the conveyance of holdings and debts.
   • Seller's warranties regarding the openness of pecuniary reporting.
   • Determining the sequence for resolving potential conflicts.
4. Registration of changes in government agencies
   • Entering information about the new owner into the National Agency of Public Registry of Georgia.
   • Updating information about persons with signatory authority in banks and levy authorities.
   • Re-registration of licenses if the firm's activities require obtaining special permits.

Excise consulting

Licit support covers not only the analysis of the licit purity of the enterprise, but also consulting on taxation issues. The acquisition of a ready-made business in Georgia requires the correct choice of the organizational and licit form and structure of the deal, since the levies that must be paid directly depend on this. Competent excise planning makes it possible to reduce the fiscal burden and avoid sanctions.

Due Diligence assesses potential excise violations, checks excise payment history and identifies potential debts. Acquiring a registered company in Georgia without a preliminary excise audit may result in unexpected pecuniary obligations. Identified violations may result not only in fines, but also in penalties, so excise risk analysis is especially important before the deal is officially concluded.

If an organization carries out operations outside Georgia, it is prime to consider the ordinances of transnational taxation. The polity has signed over 50 agreements on the avoidance of double taxation. With the support of licit advisers, these agreements can be effectively used to reduce the total payments in different territories.

Thus, licit support when buying an existing enterprise in Georgia is not just an auxiliary service, but a fundamental component of investment security. Mistakes in the execution of a deal can lead to significant pecuniary losses, difficult licit proceedings and even blocking of activities. Professional lawyers help to avoid such complications, structure the company correctly and lay a reliable foundation for its further growth in Georgia.

Additional parameters for trading in georgia

Below are some additional points of importance when setting up a business in Georgia. They cover the possibilities of obtaining a residence permit through investment, promising areas for investment and the main economic indicators of the state.

Priority areas for investment

Georgia offers financiers a convenient excise regime, open access to foreign markets and a favorable trade climate. Buying a ready-made company in Georgia allows you to enter the market faster and leverage these advantages. Among the most promising segments are IT and fintech, excursion services, agriculture, and the real estate market.

• IT and fintech. The development of digital infrastructure, as well as state projects to support innovation, are increasing the influx of IT firms and startups to Georgia. The Virtual Zone package exempts such organizations from paying levies on profits and VAT, provided that they provide services abroad, which creates a favorable sphere for export-oriented IT endeavours.
• Tourism: The industry is growing steadily due to a combination of rich culture, diverse natural resources and an expanding hotel network. Investing in hotels, ecotourism and linked aids supplies a high return on investment, especially given the regular increase in the number of foreign travelers.
• Agriculture. Fertile lands and a mild climate make it possible to develop winemaking, growing nuts, fruits and vegetables, and producing organic products. Additional benefits come from processing and exporting agricultural products, making this sector particularly alluring for long-term investment.
• Real Estate. The price of residential and commercial properties, especially in Tbilisi and coastal areas, continues to rise. Relatively low prices compared to Western metropolises and high rental demand make real estate investments a reliable tool for preserving and boosting capital.

The combination of these factors cements the polity as a promising trade market, offering financiers ample openings to scale and access transnational distribution channels. Purchasing an existing business in Georgia allows you to instantly leverage these benefits while minimizing time and organizational costs.

Investment climate in statistics

The polity's economy continues to grow dynamically and attract new investments. According to the National Statistics Service, in November 2024, the gross domestic product grew by 7.5% compared to the same month last year. The average growth rate for the period from January to November was 9.4%, which indicates a stable strengthening of the national economy and an increase in its attractiveness in the eyes of financiers. Although exact statistics on the number of new firms in 2025 have not yet been published, there is a steady upward trend in the registration of trade structures. This fact demonstrates a further improvement in the trade sphere and an increase in the level of trust among trade circles.

The inflow of foreign direct investment (FDI) also remains at a significant level. In the third quarter of 2024, its volume reached USD 131.2 million, which is equivalent to 66.4% of the total FDI volume in the specified period. These figures highlight the interest of foreign corporations in the Georgian market and confirm its prospects. The acquisition of a ready-made company in Georgia is becoming among the most effective ways for financiers to quickly enter the market and leverage its dynamic development.

Thanks to the stable dynamics of the economy, active enhancement of key industries and a favorable speculation climate, the polity is strengthening its position as a profitable location for trading and long-term investments.

Final conclusion

Procuring the shelf firm in the polity provides an opening to quickly enter the market of a polity famous for its loyal fiscal regulation, stable economic sphere and clear criteria for entrepreneurial activity. The opportunity to avoid lengthy registration sequences, as well as to obtain a trade that already has property and the required licenses, increases the attractiveness of such a solution for financiers.

However, the outcome of the deal directly depends on a thorough analysis of the object and correct licit development. To reduce risks, it is important to conduct a comprehensive audit (Due Diligence), evaluate pecuniary statements, ensure the absence of licit violations and ensure the company's compliance with licit requirements. Qualified lawyers and consulting specialists will help you choose a reliable enterprise, correctly formalize the deal and prevent possible difficulties. If you are considering buying a business in Georgia, contact us for professional advice - we offer comprehensive support at every stage.