---
title: "Falsifying Business Records"
url: "https://legal.ge/en/service/crim-criminal-law-en/falsifying-business-records-en"
field: "Criminal Law"
description: "Falsifying business records in Georgia: incorrect accounting documents and insolvency books — fines to two years' imprisonment. Legal.ge."
reviewed: "2026-07-09"
updated: "2026-10-19"
publisher: "legal.ge"
---

# Falsifying Business Records

> Source: legal.ge, https://legal.ge/en/service/crim-criminal-law-en/falsifying-business-records-en

## The Criminal Framework for Falsifying Business Records in Georgia

The accuracy of accounting records is a distinct object of criminal-law protection in Georgia. Two provisions form the legal basis of this page. Article 204-1 of the Criminal Code governs the breach of accounting rules — the creation or use of accounting documents containing incorrect or incomplete information. Article 206 establishes liability for breach of the rules of keeping the accounting books during insolvency. The first norm is general and reaches every person who carries out accounting; the second is special and operates only in the context of insolvency. The detailed accounting and audit standards are set by separate legislation; what these two articles define are the boundaries of criminal liability, and it is those boundaries that this page sets out — element by element, sanction by sanction. If you are an accountant, a finance manager or an executive responsible for the records, the material below maps directly onto your risk profile.

The full text is available on legal.ge after signing in: https://legal.ge/en/service/crim-criminal-law-en/falsifying-business-records-en

### What penalty applies to creating an incorrect accounting document?

Under Article 204-1 — a fine; if committed more than once or causing significant damage — imprisonment up to one year.

### When does Article 206 apply?

For breach of bookkeeping rules during insolvency that complicated the assessment of the real property situation — a fine or imprisonment up to 2 years.

### Who is the subject?

The person carrying out the accounting.

### Is an accounting error a crime?

No, unless the purpose element — a saving, advantage, influence on trading or concealment — is present.