How much does it cost to start a business in Georgia?

Fees and timelines in 2022FeesIncorporation costs in Year 1 amount to US$4,300 and annual company costs in Year 2 and thereafter amount to US$950. The average total fee per Georgia

How much does it cost to start a business in Georgia?

Fees and timelines in 2022

Fees

payment by instalment

Incorporation costs in Year 1 amount to US$4,300 and annual company costs in Year 2 and thereafter amount to US$950. The average total fee per Georgia engagement amounts to US$11,650, which includes company incorporation and opening a local corporate bank account and all government fees.Different Georgia entity typesCostDraft invoiceTax resident LLC11,650View invoice PDFPLC$10,750View invoice PDFJSC$13,800View invoice PDFFree zone$17,030View invoice PDFBranch of a foreign company$11,750View invoice PDFRepresentative office$11,200View invoice PDFInternational trading company$18,150View invoice PDFBitcoin LLCUS$14,550View invoice PDFSecurities Brokerage CompanyUS$47,950View invoice PDF

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Select the services you require and get the total fees at end of this table:



SelectServiceFee ()FrequencyLLC Company incorporation (without travel)4,300One timeGeorgia corporate bank account opening (without travel)4,950One timeResident director services2,100AnnuallyEmployment visa (first employee)2,950One timeNominee corporate shareholder services2,100AnnuallyYear end accounting and tax fees2,300AnnuallyMonthly bookkeeping service (estimate)1,600MonthlyOffshore corporate bank account opening4,950One timeCorporate merchant account approval4,450One timeCorporate brokerage account approval2,950One timeFind local office premises for your staff4,950One timeBusiness website building2,500One timePhone answering service900AnnuallyOffice mail service900AnnuallyFax forwarding service600AnnuallyBusiness stationery design with logo950One timeMonthly payroll for staff860One timeStaff recruitment7,950One timeTrademark registration4,950One timeFind an apartment for your staff4,950One timeFind corporate finance5,000Retainer feeTotal fees ()0OK

Other fee considerations

Timelines

The average Georgia company registration period is 9 weeks as outlined below:ServiceLLCPLCBranchRep officeJSCFree zoneRepresentative officeInternational trading companyEngagement planning1 week1 week1 week1 week1 week1 week1 week1 weekCompany incorporation period1 week6 weeks6 weeks5 weeks4 weeks3 weeks4 weeks3 weeksCorporate bank account approval4 weeks4 weeks4 weeks4 weeks4 weeks4 weeks4 weeks4 weeksCorporate internet banking approval2 weeks1 week1 week1 week2 weeks2 weeks2 weeks2 weeksIncorporation completion1 week1 week1 week1 week1 week1 week1 week1 weekTotal engagement period9 weeks13 weeks13 weeks12 weeks12 weeks11 weeks12 weeks11 weeks

georgia business registration engagement period timeline
  • Preparing a detailed project plan;
  • Our Client confirms the corporate structure;
  • Collecting due diligence from our Client.
  • Our Client signs the corporate bank account opening forms;
  • Healy Consultants prepares a business plan;
  • Healy Consultants visits the bank for interview;
  • The Bank Legal and Compliance Department review and approve the banking application;
  • The Bank Front Office email corporate bank account numbers to our client.
  • The Bank Operations Department mails the internet username and passwords to our Client;
  • Some of our Clients request Healy Consultants to activate the internet banking on their behalf.
  • Healy Consultants confirms all Client due diligence is received;
  • Healy Consultants couriers to our Client the complete original company and bank account documents;
  • Our Client completes our web page feedback survey;

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