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GeorgiaRemote and in person

Winding up a business in Georgia, end to end

Closing a sole trader or a company with no debts: checking arrears, settling up, removal from the register.

Price from
≈ $250
Timeline
1–3 months
Tax
Closing out tax obligations with rs.ge
Format
Remote and in person
Winding up an LLC takes longer than a sole trader

Closing a sole trader with no debts can be done in a day, while the full wind-up of an LLC or JSC with a liquidator and a tax inspection takes months. The timeline on the site is a general guide; the exact duration depends on the case.

What the service includes

Scope: a tick means included in the price, a cross means billed separately
Checking arrears to the budget and to counterparties
Preparing and filing the final tax returns
Closing active statuses (small business/VAT) on rs.ge
Support through the company's tax inspection
Removal from the register at the House of Justice
Paying off the company's existing debts to the budget, employees and creditors— billed separately
The state fee for the registration actions— billed separately

What we need from you

  • 1Access to the company's constitutional and accounting documents
  • 2A notarised power of attorney for a representative to file the applications
  • 3Arrears to the budget (taxes, fines, penalties) settled and all final returns filed
  • 4For an LLC or JSC — the founders' resolution to wind up (a 3/4 majority) and the appointment of a liquidator

Frequently asked questions

What if the company doesn't have enough to settle with creditors?
An ordinary wind-up isn't possible in that case — a separate insolvency procedure is required.
Do the company's documents have to be kept after the wind-up?
Yes, accounting documents must be kept for 6 years — not from the company's incorporation but after the end of EACH reporting period they relate to (so documents from different years have different, rolling retention dates).
Is tax charged on selling the company's assets during the wind-up?
Yes — if the assets were used in the business, selling or transferring them may create additional tax obligations.

Ready to start?

Send an enquiry — we will check your case and help you arrange “Winding up a business in Georgia, end to end” in Georgia. No markup on top.