Terms and conditions for registering limited liability company (LLC) in Georgia

Registering limited liability company in Georgia

Terms and conditions for registering limited liability company (LLC) in Georgia: For registration of a limited liability company (LLC) registration authority body shall be furnished with a duly certified registration application signed by all partners of the limited liability company (LLC), which also serves as part of the partners’ agreement and which shall state: the LLC name/company name; 

• the legal form of the enterprise (LLC);
• the legal address of the LLC;
• the name, surname, residential address, and personal number of the partner(s) of the LLC, and if the partner is a legal person – its company name, legal form, legal address, registration date, identification number, and details of its representatives;
• the management body and decision-making procedure of the limited liability company (LLC), the details of shareholdings of partners; the shares of the partners of a limited liability company shall be fractional/percentage and their sum shall be equal to 1;
• the name and surname, residential address and personal number of the manager (if any) of the shares of the partners of a limited liability company;
• the obligations related to the limitation of the title of the shares of partners;
• the name and surname, residential address and personal number of the person(s) authorized to manage and represent the enterprise, and their term in office;
• the name and surname, residential address and personal number of the authorized signatory, prokurist (if any);
• if the limited liability company (LLC) has several authorized representatives – whether they represent the company jointly or severally;
• For more details about setting up a company in Georgia, you may contact our Company Formation Georgia lawyers in Georgia.