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LEGAL SERVICES

Licenses and Permits in Georgia

Licenses & Permits in Georgia

  • Get expert licensing guidance for your business.

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Starting and running a business in Georgia offers numerous opportunities for entrepreneurs. However, it also comes with the responsibility of adhering to the necessary licenses and permits required to ensure legal compliance and the safety of your customers and employees. Our law firm in Tbilisi is here to be your trusted partner in this journey, simplifying the complex process of obtaining and complying with licenses and permits.

Legal Permit: Who Needs a Business License in Georgia?

Businesses of all sizes and types in Georgia may require various licenses and permits to operate legally. Whether you need a medical license, gambling license, or financial license, understanding your specific licensing needs is crucial. Our team specializes in deciphering these requirements, helping you to apply for licenses & permits in Georgia, and ensuring your business is fully compliant with Georgia's regulatory framework.

How Much Is It to Get a Business License in Georgia?

The cost of obtaining a business license in Georgia can vary widely depending on factors such as your business type, location, and specific permits required

For example, there are gambling licenses that might be exempt from government fees if it qualifies, but in other situations it may cost 5 million Lari per year. Generally, licenses and permits in Georgia are inexpensive compared to other countries. 

Our experienced professionals will work closely with you to assess your needs and provide a clear understanding of the associated costs, helping you to set up business in Georgia.

Applying for Licenses & Permits in Georgia: How Long Does It Take for a Business License?

The timeline for special permits and licenses in Georgia can also vary, with factors like the complexity of your application and the responsiveness of regulatory authorities playing a role. Our professional legal consulting will expedite the process wherever possible, keeping you informed every step of the way. Our goal is to minimize delays and ensure your business gets up and running as smoothly as possible.

Normally most applications are resolved within a one-month period if the application is submitted flawlessly.

Obtaining Licensing and Permits with LTA in Tbilisi

Our legal services encompass everything from initial consultation to document preparation, translation and notary services, application submission, monitoring, and finally, the delivery of your license.

FAQs

Can foreign nationals obtain business licenses in Georgia?

Yes, foreign citizens can get a business license in Georgia. The process is generally simple and there are no additional requirements based on nationality alone.

How to obtain a Forex License in Georgia?

To obtain a Forex license in Georgia, you must meet several regulatory requirements. Start by registering a company in Georgia, then open a corporate bank account. Additionally, you will need to rent an office as part of the compliance. These steps ensure you align with local regulations governing forex trading activities.

What are the most common reasons for the denial of a business license application in Georgia?

Common reasons include: incomplete or incorrect documentation, non-compliance, criminal history, financial instability, and non-payment of taxes.

Is there an online platform for managing business license applications in Georgia?

Yes, you can manage business license applications through the official website of the House of Justice.

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.