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Offshore in Georgia 2021

Price and conditions of registering an offshore company in Georgia

2021-01-06
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There are many advantages to registering an offshore company in Georgia. To buy a ready-made company or register a company from scratch, contact our specialists at IT-OFFSHORE.

The advantages of registration

Setting up an offshore company in Georgia in 2021 gives you an opportunity to optimize your taxation. The government has established three free industrial zones where companies receive freedom from paying corporate fees.

It is possible to use double taxation avoidance agreements. Banking secrecy is legislated. Relatively low interest rates on loans from financial institutions are also in effect.

It is possible to open a bank account for residents and non-residents in a few days. Georgia is one of the top 10 countries in terms of ease of doing business. You can choose from various legal forms - IE, LLC, JSC, Cooperative or Limited Liability Company, and Limited Liability Company.

How to start a company

Registering a company in Georgia is quite simplified. Actions related to filing paperwork and registration are completed in one day. To work in such spheres as health, security, environmental protection, and communication. it is required to obtain a license.

What documents are needed:

  • Application;
  • Agreement or bylaws of the community;
  • Lease Agreement.

Registration is done along with the tax one. It is possible to open a company in a free industrial zone, conduct international activities, and open a company exempt from dividend income tax to reduce taxation.

The country is characterized by the ease of registration, has a positive reputation and freedom from corruption. To learn more about the nuances of registration, contact our specialists at IT-OFFSHORE.

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