Tbilisi is the capital and largest city of Georgia, lying in its eastern region. Its has been a historically significant city because of its location, acting as a major transit route for various trade and energy projects. Tbilisi is the economic powerhouse of Georgia, contributing to nearly half of the country’s GDP. The city derives more than 80% of its GDP from the service sector, including government services.
Tbilisi is cosmopolitan city home to people of many ethnic and cultural backgrounds. Most of the working population here has taken to the sectors of trade, industry, transport and healthcare.
Benefits of Setting Up a Business in Tbilisi
Tbilisi is a trade & commerce hub, being the capital of Georgia – which links Europe and Asia.
Tbilisi is Georgia’s economic hub. Most of the country’s international company headquarters, prominent educational institutions, healthcare centres and transport depots are located in Tbilisi.
Tbilisi is a part of a country that has signed over 50 double tax avoidance treaties with most of the major economies of the world, so that businesses here can be eased burden on corporate tax.
Business Setup Worldwide provides the following services for company formation in Tbilisi:
Corporate secretarial services
Business Setup Worldwide is a platform to help you start your business in Tbilisi. From incorporation, and licensing to intellectual property protection, we support your company setup through business-oriented services. Tbilisi is the commercial centre of Georgia, providing for more than 50% of the country’s GDP. You can choose to set up your company here for the locational and economic advantages it provides. Our team of experienced advisors and consultants in Tbilisi ascertain that your businesses can make the best out of the geographic and corporate advantages that the city has to offer. We can help you out with the legal and business formalities of company registration in Tbilisi, replete with the most appropriate corporate and income tax setup, to fast-track the growth of your company.
Business Setup Worldwide offers a broad range of accounting services in Georgia that ensure the acco...
Intellectual Property Services in Georgia
For trademark, copyright and patent registration in Georgia, you can count on Business Setup Worldwi...
Frequently Asked Questions
What is the minimum paid-up capital requirement for starting a limited liability company in Georgia?
There is no minimum paid-up capital requirement for setting up an LLC in Georgia. Moreover, an LLC in Georgia can be registered with only 1 director and 1 shareholder, both not necessarily local residents.
What is the value added tax (VAT) applicable in Georgia?
In Georgia, the standard VAT rate is 18%, except for services of tour operators, exports, electrical power, international shipping activities or transfers of gold to the National Bank of Georgia, which don’t attract VAT.
What is the corporate tax in Georgia?
The corporate income tax rate for a business in Georgia is 15%.