bears personal responsibility before the creditors for any and all obligations arising from its entrepreneurial activity. HOW TO START BUSINESS IN GEORGIA - 3 REGISTRATION REQUIREMENTS Registration requirements for JSC/LLC/GP/LP/CO In order to register a JSC/LLC/JLC/LP/CO, the founder(s) shall submit a formal application form approved by the Ministry of Finance of Georgia (please see Appendix #1). The documents to be submitted with the registra- tion application to the Tax Inspection are presented in Appendix #2. Registration fees: · JSC- 360 GEL · LLC- 160 GEL · JLC- 60 GEL · LP- 80 GEL · CO- 120 GEL Registration requirements for a Branch Office For state and tax registration of the Branch Office, the documentations to be submitted to the Tax Inspection are presented in Appendix #4. Registration fees: · Branch Office of JSC- 180 GEL
identification card is considered to be a document identifying personality of a Georgian citizen. A residency permit for Georgia or a personal identification document issued by a respective country shall be considered to be a document identifying personality of foreign residents or the persons without citizenship. Article 12. The Rule of Assigning an Identification Number 1. Identification Number is the unique code that is assigned to a subject along with registra- tion. 22 CYAN MAGENTA YELLOW BLACK 22 Chapter III Reorganization, Liquidation and Insolvency Procedures Reorganization of a company Georgian legislation enables a company to change form, as well as the merger of two or more companies into one legal entity. Procedures related to the reorganization of a company are provided in the Law on Entrepreneurs.
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