News & Insights

Legal updates, guides, and commentary on Georgian law and practice.

Corporate

Former Georgian Economy Minister Leads SOCAR's Italian Acquisition Following EU Sanctions Scrutiny on Kulevi Port

Levan Davitashvili, Georgia's former economy minister, has been appointed CEO of Italiana Petroli after its acquisition by Azerbaijan's SOCAR, months after he was questioned by Georgia's Anti-Corruption Agency over an oil sector contract.

TK Counsel editorial · 16 May 2026

Corporate

Missed Georgia's April 1, 2026 Company Re-Registration Deadline? What to Do Now

The April 1, 2026 compliance deadline has passed. NAPR says affected suspended entities can restore their status by bringing registration data into compliance by April 1, 2027.

TK Counsel editorial · 1 April 2026

Corporate

Georgian Company Legal Address and Economic Substance: What the Law Actually Requires

Every entrepreneur needs an actual Georgian legal address, but there is no single universal economic-substance test for every LLC. Additional substance conditions depend on the tax regime, status, banking and cross-border facts.

TK Counsel editorial · 30 March 2026

Corporate

LLC vs Individual Entrepreneur in Georgia: Legal and Tax Differences

An Individual Entrepreneur is a natural person and is personally liable for business obligations; a Georgian LLC is a legal-person company with limited partner liability. Tax treatment must be compared separately.

TK Counsel editorial · 29 March 2026

Corporate

Remote Company Registration in Georgia by Power of Attorney

NAPR accepts properly certified representative authority for business registration. This guide explains what a power of attorney can solve and what company, address and banking steps remain separate.

TK Counsel editorial · 29 March 2026