Reinvestment and distribution
Ordinary LLCs generally face 15% profit tax on distributions and equivalent transactions, calculated on a grossed-up basis. Retained profits can remain available for reinvestment.
Official source ↗
Jurisdictions
Georgia · LLC & Banking
A company or bank account with a documented purpose. Activity, residence and evidence determine the route.
Formation & price
Your GCS formation package.
€1,800
One-time package price · incorporation fees included
Business price excluding any applicable VAT.One ordinary LLC with one individual shareholder; no Virtual Zone certification.
Included in the package
- Formation preparation, document review and a dedicated GCS contact.
- Incorporation including government, local formation, translation and certification fees required for the standard case.
- Local registration, required standard translations and certifications of incorporation documents, business address for twelve months and support with one bank application.
- Digital incorporation documents and a schedule of ongoing obligations.
From the second year
€600 / year —Basic administration, renewing the included address and local statutory roles, plus routine register filings and related registry fees. Excluding applicable VAT; accounting provides any required financial information.
Budgeted separately
Share capital, taxes on your activity, bookkeeping, financial statements, tax returns and audits are outside the formation package. Physical offices, operational substance, nominee directors, special licences and additional entities are quoted separately. Bank-application support does not guarantee acceptance.
The fixed price applies to the standard case described above. Variations and additional services are specified in a written quote before engagement.
Enquire about the Georgia packageTax & company structures
Potential advantages for your business.
Sole trader with Small Business Status
Eligible individual entrepreneurs can generally pay 1% on covered income. Activity, income source and revenue thresholds matter. This is neither an LLC regime nor VAT.
Official source ↗Company form and special regime
An LLC, a sole trader and special IT statuses are different models. This package covers an ordinary LLC, not Small Business Status or a Virtual Zone structure.
As of September 2026. Benefits depend on activity, actual management, residence and personal circumstances. Company taxation is not the shareholder’s total tax burden.
At a glance
What this company can offer.
- Local entity for contracts and operations
- Standard articles available for incorporation
- Company and banking documents can be prepared together
GEL 200
Registration fee · standard procedure
Registry fee included in the GCS package. Standard registry processing: one working day with a complete application; not the full setup or banking timeline.Clarify business purpose, source of funds and local duties. Small Business Status for individual entrepreneurs does not automatically apply to an LLC.
Where it fits
The location must fit the plan.
For entrepreneurs with a Georgian business connection and for reviewing an additional banking relationship. A non-EU, non-US account does not remove disclosure or tax obligations.
Scope
From context to execution.
- Review of ownership, activity, residence and countries involved.
- Agreed responsibilities, document checklist and open specialist questions.
- Coordination of company or residence documents, banking preparation and local professionals within the agreed scope.
- Document handover and a schedule of ongoing obligations.
Corporate profit tax generally applies to distributed profits and equivalent events at 15%; covered dividends generally face 5% withholding. As of 09/2026.
Small Business Status is for eligible individual entrepreneurs, not automatically LLCs. Qualifying turnover generally faces 1%, with special rules above GEL 500,000 and activity exclusions. As of 09/2026.
Virtual-zone treatment requires review of real Georgian IT activity, qualifying exports and substance. Registration alone is insufficient.
Foreign clients do not automatically make income foreign-source. The place of performance and statutory source rules matter.
Requirements & Substance
What needs to be clear first.
TBC and Bank of Georgia decide independently. Prepare ownership, source-of-funds, account-purpose and connection documents. In-person attendance and further residence or company evidence may be requested.
Timing
A sequence with clear dependencies.
Document review, specialist clearance, filing and account or status decisions follow separate processes. Once the documentation and scope are clear, we agree a schedule. Authority and bank decisions cannot be guaranteed.
Ongoing Duties & Cost Drivers
The structure must work day to day.
Accounting, local returns, KYC updates and potential staffing or premises create ongoing obligations. Georgia participates in automatic information exchange. Special-status eligibility is checked before application.
German connections
From a German perspective.
An LLC with low-taxed passive income may require CFC review. The personal small-business regime is a separate issue. Residence certificates do not replace actual residence; treaty and extended limited-tax exposure need assessment.
Management & permanent establishment
Actual central management and fixed business facilities can create German tax exposure; a foreign registered address is not sufficient.
Sections 10 / 12 AO ↗Controlled foreign companies
Control, income type and actual taxation matter. The low-tax threshold is below 15% (as of 09/2026); EU/EEA substance rules require evidence.
Sections 7–13 AStG ↗Foreign-interest reporting
Foreign businesses and shareholdings may trigger notification duties. Conditions, thresholds and deadlines need review.
Section 138(2) AO ↗Exit taxation
Departure or restrictions on German taxing rights can trigger taxation of unrealised gains on covered interests, subject to personal conditions.
Section 6 AStG ↗Remaining German interests
German nationals meeting all relevant conditions may face extended limited taxation for up to 10 years after the departure year (as of 09/2026). Preferential taxation alone is insufficient.
Section 2 AStG ↗Tax treaties
Residence, income, entitlement and the current treaty text determine relief. The existence of a treaty is not a blanket exemption.
Treaty status ↗This overview does not replace case-specific review by directly appointed, qualified legal and tax professionals.
Read on
Guides and terms for this country.
Formation21 September 202619 min
Choosing a legal form abroad: LLC, Ltd, OÜ or Sp. z o.o.?
LLC, Ltd, OÜ or Sp. z o.o.: the eight forms GCS incorporates all have limited liability and differ in statutory roles and tax model. The most flexible is the US LLC: online, no presence required, no US income tax without US business activity. A comparison with table, examples and the recommendation of which form suits which way of life.
Read the articleFormation21 September 202617 min
What forming abroad costs: the package, the fees and the items beside it
A formation price is only a number once it is clear what it includes. This article breaks the cost of a company abroad into government fees, statutory roles, bookkeeping and tax, shows the GCS packages for eight countries, describes the process from first conversation to handover and shows why the US LLC offers location-independent entrepreneurs the best balance of cost and flexibility.
Read the articleFormation21 September 202616 min
After incorporation: annual filings, bookkeeping, registers. The compliance calendar of a company abroad
Incorporation starts the calendar. Every jurisdiction requires at least one register filing, bookkeeping and tax returns each year, many even from a dormant company. This article lists the obligations by country with deadlines and government fees, sets out what GCS takes over from year two and recommends confining the calendar to one country: the one you live in.
Read the article
Terms in the glossary
Questions & Answers
Worth knowing.
Is a non-resident account guaranteed?
No. Each bank assesses the profile independently.
Does Small Business Status cover an LLC?
No. It applies to eligible individual entrepreneurs.
Does a foreign client mean foreign-source income?
No. Where services are performed can be decisive.
Is virtual-zone registration enough?
No. Real activity and the applicable conditions require evidence.
Is a Georgian account outside reporting?
No. Information exchange and personal reporting duties remain relevant.