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LEGAL SERVICES

Corporate Lawyer

Corporate Lawyer in Tbilisi

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Corporate Law Services

When your company has reached a significant size and is considering either acquiring a new target company or becoming an attractive acquisition target itself, our team is ready to assist you in ensuring a secure and streamlined process. 

Specializing in business law, corporate law, and legal services, we provide comprehensive support in corporate law matters.

  • Mergers and Acquisitions (M&A)
  • Corporate Restructuring
  • Cross Border Transactions

Understanding the Difference: Mergers vs. Acquisitions

While mergers and acquisitions are often used interchangeably, they are distinct legal concepts with different implications:

Mergers

Mergers involve two or more businesses coming together to form a single, new entity. This approach is chosen to achieve objectives such as increasing market share, reducing operating expenses, expanding into new markets, boosting revenues, or maximizing profits.

Acquisitions

Acquisitions, on the other hand, involve one business purchasing all the stock or assets of another. Instead of creating a new entity, the acquired company becomes part of the acquiring business and typically relinquishes decision-making power to the owner

Select Our Legal Services in Corporate Law

Depending on your specific business goals, you may opt for either a merger or an acquisition. Our law firm in Tbilisi can offer both parties in a transaction tactical and strategic suggestions to identify, evaluate, and eliminate current legal risks because of our expertise in mergers and acquisitions. Furthermore, we aid in understanding the key distinctions between these two consolidation procedures and recommend the one that most matches with your aims.

FAQs

What are the key benefits of a merger?

Mergers can help businesses achieve: increased market share, reduced operational costs, expansion into new markets, enhanced revenue and profit maximization.

What are the legal implications of an acquisition?

Through acquisitions, the acquiring business gains control and decision-making ability. To guarantee a smooth transfer of assets or shares, legal ramifications include due diligence, contract renegotiations, and adherence to relevant legislation.

What factors should I consider before choosing between a merger and an acquisition?

Key factors include: your business objectives (e.g., expansion, cost reduction, market share growth), financial and operational feasibility, legal and regulatory requirements, potential risks and rewards of the chosen approach.

Why should I choose LTA Legal Services for corporate law support?

We stand out for our quick responsiveness, attention to detail, and personalized approach. Our extensive experience in corporate law, particularly in mergers and acquisitions, ensures that you receive strategic, results-driven legal advice tailored to your needs.

FAQ

Common questions

01What services do you offer to clients apart from legal assistance in Georgia?

We provide clients with a wide range of services beyond legal assistance. These include tax services, accounting services, brokerage services, internal audit services, and more.

02What should I bring to the initial legal consultation?

Bring any documents related to your case, including correspondence, contracts, or court notices. This will allow us to better understand your situation and provide accurate advice.

03How can I schedule a consultation with your lawyers?

You can book a consultation through our contact page or by calling our office directly. Our team is ready to provide you with the legal assistance you need.

04What types of legal cases do you handle?

We handle various cases, including but not limited to real estate, family law, labor disputes, gambling, cryptocurrency law, and criminal defense.

05How can I get Georgian tax residency?

There are couple of ways:

●     You may stay in Georgian for any 183 days within 12 months period;

●     Obtain tax residency on the basis of being a high net worth individual.

While the first option is straightforward, second one has following requirements:

●     An individual has to have either GEL3mln in assets OR GEL200k income per annum for last three consecutive years, and

●     An individual shall have Georgian residence permit OR Georgian source income of GEL25k per year.

Note regarding the first option - the time of actual stay in the territory of Georgia shall not include the time, during which a natural person stayed in Georgia:

  • a) as a person having a diplomatic or consular status or as a family member of such person;
  • b) as an employee of an international organisation acting under an international agreement of Georgia or as a person in the public service of a foreign country in Georgia or as a family member of such person, other than Georgian citizens;
  • c) when moving from one foreign country to another via the territory of Georgia;
  • d) for treatment or leisure.
06What are the most common types of residence permits in Georgia issued to LTA clients?

Short-term residence permitissued to an alien, who has the right of ownership of real property within the territory of Georgia (other than agricultural land) with its market value exceeding USD100k equivalent in GEL, and to his/her family members. Can be issued for period 0.5 - 1 year.

Residence permit for investment purposes issued to:

- an alien and their family members who made investment in Georgia of at least USD300k equivalent in GEL (other conditions also apply). After 5 years of satisfying investment-specific conditions - the person is eligible to obtain permanent residency.

- an alien who holds a title to an immovable property in Georgia with a market value exceeding USD300k equivalent in GEL. After 5 years of holding property with mentioned value - the person is eligible to obtain permanent residency.

Labor residence permitissued for implementation of entrepreneurial activities or employment in Georgia. Need to proof respective min. salary of approx. GEL1k per month AND min. turnover of employer (GEL35k or GEL50k turnover per foreigner). Can be issued for period 0.5 - 6 years.

Residence permit for family unification issued to family members of an alien holding residence permit. Can be issued for period 0.5 - 6 years.

Permanent residence permitissued to a spouse, parent and child of a citizen of Georgia. Permanent residence permit is also issued to an alien who has been residing in Georgia for the past 6 years based on temporary residence permit. Residence in Georgia for study or medical treatment and employment at diplomatic and equivalent representative offices in Georgia is not included in this period.