Company registration by a non-resident is not a challenging process although there are some factors that should be taken into consideration.
Both Georgian and foreign citizens as well as stateless persons can be registered as individual entrepreneurs.
Except for standard requirements, when being registered as an individual entrepreneur, a stateless person or a foreign citizen should take into consideration the following conditions:
If the applicant is a stateless person or a foreign citizen, he/she should submit identity documents, which are used for the identification of a person when performing notary actions (for example, a foreign passport).
In the case of a foreign citizen, a legal address in Georgia is to be submitted where the above-mentioned person is registered, or consent of the owner registered at the legal address in Georgia (See Documents required for registration according to statuses).
Limited Liability Company
Except for standard requirements, when being registered as a limited liability company, a stateless person or a foreign citizen should additionally take into consideration the following conditions:
In the case of a natural person without Georgian citizenship or a foreign legal entity, the subject’s incorporation document should contain data equivalent to those established for a Georgian citizen or a subject registered in Georgia, which are used when performing notary actions in Georgia for identification of a person (for example, a foreign passport).
The incorporation agreement and charter (in case of a non-standard charter) must be bilingual (Georgian and translated version). Besides, upon the registration, it is reasonable if the founder is accompanied by an authorized person, who shall provide translation services (See Documents required for registration according to statuses).
If a stateless person is to be a director at the same time, he/she must have a mobile phone operator number registered in Georgia.