Choose between curated selected business banking & payment opportunities, with multi-currency and smooth international transactions
Mobile / Internet business account
Thanks to our easy remote solution and company secretarial services, you won't have to travel to Georgia to start your company.
Fully Remote.
Hiring, contracting, global compliance, payroll management, taxes, bookkeeping, and annual reporting, completed by a team of professionals.
Online and Remote company management.
Why GIC?
Focus on your core business, while we support your back-office capabilities
Turn-key & seamless onboarding
At GIC, we've developed solutions for seamless company formation, banking, maintenance and compliance.
Competent & great customer support
Our service is enriched with expert advice from real people who are just a chat away.
Grow your company & let's support your admin
We offer curated and competitively priced extra services with no obligation to use them
All you need to run your company in one subscription
Examples:
Examples:
+ Bookkeeping, Accounting services,
Tax declarations & other corporate secretarial services
Tax declarations & other corporate secretarial services
Opening a business account for your company
Get access to all the necessary tools – Mobile / Internet banking or payment solution, multi-currency, business cards, etc. – quickly and remotely
Why Georgia is the right jurisdiction for your business
Agency
E-commerce
Web3 company
Startup
Fintech
Digital nomads
Innovators
1% tax on income *with threshold **applicable for certain business activities
1% Tax for Individual entrepreneurs & freelancers
7th most easy place of
doing business
doing business
Georgia is ranked 7 among 190 economies in the ease of doing business - World Bank
5% tax for APPROVED IT companies
5% tax on withdrawn dividends and income tax in case of payment of salaries *subject to admission
No requirements for the authorized capital
The authorized capital for an LLC can be in any amount — the minimum is not set
Online Tax Services
Everything can be done online, and tax declarations filed online
In doubt of which type of company or which tax regime is applicable for your business?
New entrepreneur?
Get our free e-book with 101 basics on starting a new venture
Get our free e-book with 101 basics on starting a new venture
A free e-book with 10 chapters on A to Z recommendations and guidelines for starting a new company. Entails everythings from how to develop a business plan, to taxes, company types and much more.
Open a company in as fast as 1 day with our support
Avoid endless, tedious and costly research, comparing alternative jurisdictions and service providers, ultimately taking time, costs and resources from your core business.— you've already found it.
Solopreneur Registrations
Register as fast as 1-2 business days for sole proprietors / freelancers. A couple of weeks if apostille legalization is required (subject to nationality)
Complex structures w/ Multiple Shareholders
and Board Members Support
and Board Members Support
Incorporate a company with multiple shareholders/directors with ease.
Convenient tools
for remote business management
for remote business management
Run your business from anywhere
on the planet with 10x less time spent on business admin.
on the planet with 10x less time spent on business admin.
Want to learn more?
Still in doubt which company type and services is right for you? Find more information on our blog posts.
It is a form of solution-based thinking with the intent of producing a constructive future result
Pricing
Company and legal entity registration including choice of business accounts
*Pricing of entity registrations are included in subscription plans
*Pricing of entity registrations are included in subscription plans
✓ Includes government fees
✓ KYC & KYB processing
✓ Payment accounts
✓ Accounting services
✓ Tax registration
0% Tax at up to 30.000 GEL turnover
1% Tax at up to 500.000 GEL **
**Subject to qualification and SBS registration
✓ Click here to explore the right subscription solution for you
✓ KYC & KYB processing
✓ Payment accounts
✓ Accounting services
✓ Tax registration
0% Tax at up to 30.000 GEL turnover
1% Tax at up to 500.000 GEL **
**Subject to qualification and SBS registration
✓ Click here to explore the right subscription solution for you
Payment accounts:
40+ Currencies
150+ Countries
✓ Includes government fees
✓ KYC & KYB processing
✓ Payment accounts
✓ Shareholder Resolution template
✓ Tax registration
✓ Accounting services
15% Corporate Tax (only levied upon distribution of dividends)
5% Dividend Tax
0% Capital Gain Tax
✓ Click here to explore the right subscription solution for you
✓ KYC & KYB processing
✓ Payment accounts
✓ Shareholder Resolution template
✓ Tax registration
✓ Accounting services
15% Corporate Tax (only levied upon distribution of dividends)
5% Dividend Tax
0% Capital Gain Tax
✓ Click here to explore the right subscription solution for you
Payment accounts:
40+ Currencies
150+ Countries
Are you an eligible Tech company?
Book a free consulting to hear if you potentially are eligible
5% Corporate Tax (only levied upon distribution of dividends)
0% Dividend Tax
5% Income tax on employee salaries
0% Capital Gain Tax
✓ Click here to explore the right subscription solution for you
Payment accounts:
40+ Currencies
150+ Countries
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Book a free consultation to start your business
Choose a date and time to schedule your free consultation. We will answer any questions you may have
Questions and answers
In most cases, the whole process takes 2 business days and includes registrations with the Public Registry and the Revenue Service. If you will register remotely via a Power of Attorney without visiting Georgia, then delays might occur for certain nationalities, where a advance requirement is to acquire the apostilled translated / legalisation of your documents, and to then send them by mail to us. Get in touch and we will advise.
Our services are designed for you to be able to both register and run your company remotely, which in turn means that authorities and banks would need to recognise that you have granted us the permission to both create your company and associated bank account(s) on your behalf. The PoA means that you grants us this permission and it is included in the registration fees. You will receive the bilingual PoA for your signature, when placing the order with us.
The PoA and your passport will need to be notarised & apostilled within the first couple of months after registration and can normally only be done by specific government agencies - (please check with your local government agency about time to complete). Once that is done, the hard copies of those apostilled documents must be sent to our offices in Georgia. Once received we will get them notarised at the Georgian notary. After which, we will provide the local authorities with the document and your company is considered fully compliant in terms of Know Your Business standards.
The PoA and your passport will need to be notarised & apostilled within the first couple of months after registration and can normally only be done by specific government agencies - (please check with your local government agency about time to complete). Once that is done, the hard copies of those apostilled documents must be sent to our offices in Georgia. Once received we will get them notarised at the Georgian notary. After which, we will provide the local authorities with the document and your company is considered fully compliant in terms of Know Your Business standards.
Assuming that all paperwork for the registration process is ready at hand and done correctly at your end, then it is a very smooth process. Georgia is on many fronts both accepting and complying to international standards, in particular EU and the US, although not operationally integrated, which means that clients with citizenships of such countries, usually experience a faster acceptance, rather than clients with citizenships outside of the aforementioned regions.
Having multiple shareholders / founders of your company requires in principle the same process and can be as easy as the above mentioned. However, the assumption of having all the paperwork for the registration process ready and done correctly, requires a timely coordination between yourselves and your respective government agencies will vary on speed of completion for legalising your respective documents. You might consider having one founder initially and then later on distribute ownership shares through shareholder resolutions, which we also can assist with.
No, your company registration is indefinite and there are no annual renewal fees or procedures currently (legislation might change). Maintenance of your company however will be subject to your business activities and complexity of such. Georgia is however a relatively low cost jurisdiction when it comes to maintenance of a company. Choose the right option for you among our value added subscription service packages and it is all taken care of. See more here!
Open your company today!
Open your company today!
Do you have any questions? Contact us!
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About GIC
Turn-key company formation including corporate bank account, all done from the comfort of your home remotely!
Our company, GIC [Georgian Innovation Centre], is a remote company formation service provider to the Republic of Georgia market. Our services are aimed at providing entrepreneurs and businesses with a one-stop-shopping, seamless, hassle-free process for company formation and business accounts, all from the comfort of your home or office.
At GIC we take care of your company administration, so you can focus on your core business activities.
Georgian Innovation Centre LLC, 1 Vasil Petriashvili Street, Tbilisi 0179, Georgia
Contact us using the Telegram button, or reach out on gic@gic.bz
Our company, GIC [Georgian Innovation Centre], is a remote company formation service provider to the Republic of Georgia market. Our services are aimed at providing entrepreneurs and businesses with a one-stop-shopping, seamless, hassle-free process for company formation and business accounts, all from the comfort of your home or office.
At GIC we take care of your company administration, so you can focus on your core business activities.
Georgian Innovation Centre LLC, 1 Vasil Petriashvili Street, Tbilisi 0179, Georgia
Contact us using the Telegram button, or reach out on gic@gic.bz
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