---
title: "Startup Formation & Structuring"
url: "https://legal.ge/en/service/corporate-and-commercial-law-en/startup-formation-structuring-en"
field: "Corporate & Commercial Law"
description: "Startup formation under the Entrepreneurs Law: forms, the one-person company and the charter — arts 1, 2, 11, 19, 94, 123, 150 and 6. Legal.ge."
reviewed: "2026-06-27"
updated: "2026-10-23"
publisher: "legal.ge"
---

# Startup Formation & Structuring

> Source: legal.ge, https://legal.ge/en/service/corporate-and-commercial-law-en/startup-formation-structuring-en

## Startup Formation: Which Law and Which Form

The formation and structuring of a startup is governed by the Georgian law on entrepreneurs. Its very first article describes the scope and the dispositive principle: it regulates the legal forms of the entrepreneur and the procedures of formation and registration. A general partnership, limited partnership, limited liability company or cooperative may define rules differing from the law in its charter or a partners’ agreement, save where a norm is imperative; in a joint-stock company deviation is possible only within the limits allowed by law.

This last difference matters for a startup: the room for flexible structuring begins with the choice of form, and the joint-stock form leaves the least freedom.

The full text is available on legal.ge after signing in: https://legal.ge/en/service/corporate-and-commercial-law-en/startup-formation-structuring-en

### Which form should a startup choose?

A limited liability company; the individual form risks personal property.

### Can one person found it?

Yes, in either form.

### Can the charter deviate from the law?

Yes, under the dispositive principle, save imperative norms.

### How many partners for a general partnership?

At least 2, with unlimited joint liability.