Bringing the company's registration data into compliance with the new law on entrepreneurs
2024-12-28 Author: Nika Vekua
The article has been updated, new article: Important information about the mandatory re-registration of enterprises
If your company (LLC, GP, JSC, LP, cooperative, branch of a foreign enterprise, as well as individual entrepreneur and non-profit non-commercial legal entity) was registered in the Business Registry before January 1, 2022, you are obliged to bring your company's registration data into compliance with the requirements of the new Law on Entrepreneurs by the end of 2023.
In case of non-fulfillment of the obligation, the "Business Registry" will give you an additional 3-month period. If the obligation is not fulfilled within the additional period, your company's registration will be canceled.
To bring the company's registration data into compliance with the requirements of the new Law on Entrepreneurs, the following is required:
Submission of the company's decision (minutes of the general meeting of partners, board minutes, etc.) on bringing into compliance with the requirements of the new Law on Entrepreneurs;
Submission of the founding agreement;
Submission of the charter brought into compliance with the new law or use of the standard charter approved by the Minister of Justice;
Service fee of the National Agency of Public Registry (200 GEL in 1 working day; 400 GEL on the day of application submission; signature verification fee: 7 GEL per signature);
Registration on the electronic portal.
Submission of the founding agreement;
Submission of the charter brought into compliance with the new law or use of the standard charter approved by the Minister of Justice;
Service fee of the National Agency of Public Registry (200 GEL in 1 working day; 400 GEL on the day of application submission; signature verification fee: 7 GEL per signature);
Registration on the electronic portal.
iuristi.ge, since the enactment of the new Law on Entrepreneurs, has been providing services to companies in bringing their registration data into compliance with the law. The average service time is 2-3 days.
For consultation, contact us at: 591811588. Consultation is free.
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Nika Vekua
General Specialization Lawyer
OfflineSpecialization
- Corporate Law and Company Registration
- Immigration Services
- Family Disputes
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- Georgian
- English
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