Beneficial Ownership Disclosure in Georgia

Beneficial Ownership Disclosure

Which share creates beneficial ownership?

25 percent or more of shares or voting shares, directly or indirectly, or other ultimate control.

What if the beneficiary cannot be established?

Measures apply toward the person with senior managing authority.

Who is a politically exposed person?

A person performing significant public or political functions, plus family and close associates.

What is a high-risk jurisdiction?

A territory with serious deficiencies in its prevention system; the list is set by the National Bank.

4 min·9 Jan 2026

Beneficial Ownership Disclosure: the Georgian Statutory Regime

The Georgian statutory regime for beneficial-ownership disclosure lives in the law on the prevention of money laundering and terrorism financing: Article 13 governs the concept and identification, Articles 21 and 19 the special risk categories, and Article 18 the disclosure instrument — enhanced preventive measures. One corpus, four distinct angles.

The practical meaning for a company is simple: identifying the beneficiary is not just a form — it begins with applying the 25 percent threshold and ends with establishing who holds ultimate control.