Company formation abroad

Forming a company abroad? Consider Georgia (the country).

You want to work internationally, build up profits in your company and start lean? You form a Georgian LLC by power of attorney – no relocation, no minimum capital, personally supported by StartKap.

Request formation Compare Georgia with Dubai

0% profit tax while profits stay in the company
Registration usually in 3–5 working days
Formation by power of attorney

Your route to a Georgian LLC

Power of attorneycertified, with apostille
Registrationin Georgia, no travel
Business accountTBC or Bank of Georgia

Your advantages at a glance

0% on retained profitsProfit tax applies only on distribution: 15%.
No minimum capitalThe LLC starts without a share capital deposit.
Formation by power of attorneyYou sign at home, we handle everything in Georgia.
Personal supportIn German, English or French – from Tbilisi and Frankfurt.

No residency, no emigration – is that possible?

Yes. To form and own a Georgian LLC you need neither residency in Georgia nor a trip there.

For tax purposes, what counts is where you live and where the company is managed. If the LLC is actually run from your home country, it may be taxable there; controlled-foreign-company rules may also apply.

That is why we set up your structure properly from the start and recommend aligning it with your tax adviser at home. This way you use Georgia’s advantages on a sound basis.

Formation and ownership: no residency needed
Management: decides where tax is due
Home country: involve your tax adviser

Which legal form suits you?

Three questions, three options. The matching legal form is highlighted – for orientation, not legal or tax advice.

fits
LLC (limited company)
Your own limited liability company, also with several shareholders.
- 0% on retained profits, 15% on distribution
- No minimum capital
- Formation by power of attorney
Details: LLC formation in Georgia
fits
Individual entrepreneur with Small Business Status
For self-employed people with moderate turnover – without a separate company.
- 1% tax on turnover up to GEL 500,000 a year
- Registration as an individual entrepreneur
- Status is applied for separately
Details: Individual entrepreneur & Small Business Status
fits
Individual entrepreneur
Registration as a person – the basis for Small Business Status.
- Unlimited personal liability
- Lean registration
- Mind the turnover limits
Details: Individual entrepreneur & Small Business Status

Georgia compared with Dubai

–	Georgia	Dubai (UAE)
Profit tax	0% on retained, 15% on distributed profits	0% up to AED 375,000, 9% above
VAT	18%	5%
Formation	By power of attorney, no travel	Via the authority or a free zone, depending on the zone

Detailed comparison with calculator

How the formation works

YouDocuments2 notarised passport copies and 2 powers of attorney, each with apostille, plus your preferred company name.
You & StartKapShippingThe originals go to Georgia. We check everything by email beforehand.
AuthorityRegistrationUsually 3–5 working days after the complete originals arrive.
BankBusiness accountApplication at TBC or Bank of Georgia – prepared by StartKap, reviewed by the bank.

Times are typical experience values, not a commitment by the authority or bank.

Formation packages

LLC Simple

Set up your company – the foundation for your Georgian LLC.

€3,000one-off

Included

Check of your preferred company name
Preparation of the formation documents
Dedicated contact
Registration support by power of attorney
Company formation without personal travel

Send an enquiry

Combined package

Company & bank account – formation and business account through remote procedures.

€4,000one-off

Included

All LLC Simple services
Preparation of the business account application
Support with TBC or Bank of Georgia
Help with bank documentation
Account opening without personal travel

Send an enquiry

What you prepare

2 notarised passport copies, each with an apostille
2 StartKap powers of attorney, notarised and apostilled
Your preferred company name

Not included

Notarisation and apostilles in your country of origin or residence
Delivery to Georgia, unless your offer states otherwise
Bank charges, card fees and other third-party costs

Frequently asked questions

In which country outside the EU can I form a company?

Popular choices include Georgia, the United Arab Emirates and the United Kingdom. Georgia stands out with formation by power of attorney, no minimum capital and 0% profit tax while profits stay in the company.

Do I need to be resident in Georgia?

No. Forming and owning the LLC requires no residency in Georgia. For tax purposes, what counts is where you live and where the company is managed.

Can I invoice clients in the EU?

Yes. For typical services to businesses abroad, Georgian VAT is usually not charged; the client’s country applies its own rules, such as the reverse-charge mechanism.

Who takes care of accounting and the address after formation?

StartKap, if you wish: business address, accounting and ongoing support are available as a monthly service.

See company administration