Companies’ registration and restructuring
Registration of a new company or restructuring of an existing business by relocation to Georgia or Armenia is a profitable and promising step to expand your enterprise and increase the profits of its owners. A lot of reforms have been carried out in Armenia and Georgia, thanks to which the process of opening companies has become the most simplified for foreign investors. There are a number of reasons why Georgia and Armenia are very popular among investors:
– There are no requirements for local shareholders or employees, nor for relations with local banks
– Low company registration cost
– There are no minimum capital requirements
– Minimum reporting requirements
– Reduced taxation compared to other countries
– Signed double taxation avoidance agreements, as well as free trade agreements give Armenia and Georgia a large market for work
Cooperation with us and work process:
1. Contact us in order to start the process
2. After the scope of services and type of services are agreed, we will send you a contract for signing
3. After the contract is signed, prepayment invoice is billed and due for payment (the payment scheme is specified in the contract)
4. After receiving an advance payment, we begin the work process
5. After completing the work process and before transferring the means of access to the client, we issue an invoice with the amount of postpay
6. After payment of the final invoice, the access means are sent / transferred to the client
Services
Armenia
- Remote company registration
- Сompany registration and bank account opening is performed by proxy (POA should be issued)
- Shareholder can be a foreign individual or a foreign legal entity
- There is possibility to choose a taxation type: sales tax (tax on turnover) – 5 % or corporate income tax – 20 %
- Dividends Tax – 10%
! Tax filing is required
- Remote company registration with IT certificate
- Сompany registration and bank account opening, obtaining IT certificate is performed by proxy (POA should be issued)
- Shareholder can be a foreign individual or a foreign legal entity
- IT certificate exempts from income tax
- Dividends Tax – 10%
! Tax filing is required
- Re-domicilation of a foreign company
- Re-domicilation process and bank account opening is performed by proxy (POA should be issued)
- Shareholder can be a foreign individual or a foreign legal entity
- It is necessary to provide permission for re-domiciliation from a foreign company (issued in original jurisdiction)
- Taxation of a new company is carried out in accordance with the tax legislation of the Republic of Armenia
! Tax filing is required
Georgia
- Remote company registration with IT certificate
- Сompany registration and bank account opening in Armenian bank, obtaining IT certificate is performed by proxy (POA should be issued)
- Shareholder and director can be foreign individuals or foreign legal entities
- IT certificate exempts from income tax
- Dividends Tax – 5%
! Tax filing is required
- Remote company registration in Free Industrial (Trade) Zone
- Сompany registration and bank account opening in Armenian bank, obtaining a license is performed by proxy (POA should be issued)
- Shareholder and director can be foreign individuals or foreign legal entities
- License can be issued for one more types of activities and is to be prolonged on a yearly basis
- License exempts from income tax and dividends tax
! Tax filing is required
