Business Migration under Georgian Law
Business migration — moving a company's registration abroad or into Georgia — is regulated through the re-domiciliation institute of the Entrepreneurs Law. The law's scope itself defines the frame in which this institute lives: the law regulates the legal forms of entrepreneurs and the procedures of formation and registration, and where an issue is regulated differently by another act, that act applies. The page is carried by the Georgian re-domiciliation machinery, not by foreign residence-programme models, which are non-Georgian law.
Re-Domiciliation — with Continuity
The registration of an entrepreneur registered in a foreign country may be transferred to Georgia without violating the continuity of the entrepreneur's activity — this is the core of the institute: the company changes its home jurisdiction but does not cease to exist. On transfer, the entrepreneur may be registered only under a legal form provided by Georgian legislation. An entrepreneur registered in Georgia also has the right to transfer its registration to a foreign country without breaking continuity, provided an international treaty does not prohibit such transfer, no court dispute, insolvency proceedings or criminal case is pending against it in Georgia, and it has no tax arrears to the Georgian tax authorities. The transfer of a foreign entrepreneur's registration into Georgia is equivalent to reorganization, and the reorganization norms apply to it accordingly; the procedure and conditions of transfer in both directions are defined by an instruction — an administrative act regulating the list of documents, the rules of authentication and the registration actions, so that a failure to satisfy the instruction's conditions blocks the transfer.
Registration and Publicity
Registration of an entrepreneur is mandatory and covers both state and tax registration; the entrepreneur is deemed created from the moment of registration in the registry. Data registered in the registry are public: any person may examine them and receive an extract; electronic copies of registration documents are freely available on the unified portal. To be published are the registry data and every change, and the placed capital of a joint-stock company at least once a year. The extract is prepared on the basis of the registry, public-law restrictions, tax pledge and other registers, and reflects the data in force at the moment of preparation; the registering body's decision enters into force upon placement on the unified electronic portal. For migration planning this means: the entire public trail of the transferring company moves into the Georgian registry, giving third persons an instrument of reliance.