Accounting in Georgia

Accounting in Georgia: All companies in Georgia, including sole traders, have to perform certain accounting procedures, which can depend on the legal entity under which the respective business is operating. However, in the case of sole proprietorships, the accounting regulations applied by the local authorities require a minimum number of documents, as this business form benefits from simpler rules in this case. Investors interested in company formation in Georgia will need to comply with a set of accounting standards and audit procedures.

It is important to know that Georgian companies have to complete bookkeeping documents and financial records and our team of specialists in company formation in Georgia can assist in these procedures.

Accounting services in Georgia

This service allows you to save physical, mental and financial resources and manage accounting transactions with the help of reliable partners

Bookkeeping

• Bookkeeping in compliance with current standards and laws;
• Manage transactions in the electronic accounting program on the basis of source documents;
• Fill in and submit monthly or annual tax returns;
• Prepare monthly or annual financial statements;
• Provide consultations in the Financial and tax areas.

Systematic supervision on the accounting

• Develop accounting control system;
• Regular inspection of books and records and when needed, making corrections;
• Reconciliation and adjustment of monthly and annual tax returns;
• Notification about legal changes;
• Periodic capacity building of staff, including, tours of the company specialists to the production site.

Our team of accountants in Georgia can assist foreign and local companies in maintaining the above-mentioned documents in accordance with the applicable legislation, which is given by the Law on Accounting and Financial Audit.