Purchase a Company in Georgia
Purchase a Company in Georgia
Purchase a Company in Georgia: Shelf companies in Georgia in order to avoid the time required to process all the incorporation requirements, investors can purchase a company which has already been incorporated. Besides the time saved in this sense, the investors will only have to complete a sale/purchase contract, which will state the change of ownership. It is important to know that the investors will also be allowed to change the company’s business activities, as well as its trading name. Although the businessmen will not have to follow the procedure of company registration in Georgia, they will need to announce the local authorities on the main changes completed after the purchase.
Most of the shelf companies available for purchase in Georgia are registered as limited liability companies, due to their set of advantages. As an example, a limited liability company will only need one shareholder and one director – who does not have to be a Georgian resident. Businessmen are invited to contact our team of company formation experts in Georgia for more details on how to register a company here, as well as on the costs involved in this procedure.
Best business investment opportunities in Georgia
For a long time, Georgia’s primary economic sectors were agriculture and tourism. In the present day, the economy is moving more towards the service industry and away from agriculture. By showcasing its impressive progress in recent decades and establishing itself as politically stable and corruption-free, Georgia has solidified as a smart investment destination with low business costs. In addition to this, processes like moving have been made easy. All you have to do is to hire Verified Movers.
Tourism is Georgia’s fastest-growing industry. It, along with the hospitality industry, provides some of the best small business investment opportunities in Georgia. This country has a lot to offer to its visitors and the activities on offer are quite varied too. Georgia has a very diverse climate and there are upwards from 100 resorts across the country. In addition to this, it is famous for its numerous hot springs, as well as boasting several UNESCO World Heritage Sites. Most international hotel chains that have their Georgian branches are mostly upscale hotels. There is a lot of investment potential for mid-class hotels since these are somewhat lacking.
As a rapidly developing economy, Georgia’s real estate needs are hardly being met with the same fervor. There is an increasing demand for “A” class office buildings and entertainment facilities. Georgia also ranks 6thin the Global Retail Development Index. Thus, this is also an area to look into when looking for the best investment opportunities in Georgia. The capital of Georgia, Tbilisi, is also continuously framed as the business hub for the region. The reason is the fact that numerous multinational corporations’ South Caucasus branches operate out of Tbilisi. There are many success stories of foreign investments in Georgia real estate, but there is also still lots of space for growth.