Panoramic view of Tbilisi at sunset
Market Entry & Employer of Record

Enter the Georgian Market
Without the Guesswork.

Company incorporation, bank accounts, team and permits from one firm, whether you start from scratch, buy a company or employ through our Employer of Record.

1 Jan 2027

foreign employees already registered must hold the right to work and a residence permit

GEL 50,000

annual turnover per foreign employee (GEL 35,000 for educational and medical institutions)

30 days

calendar days: the legal maximum to review a right-to-work application

10 days

business days for us to incorporate once all documents are in

The Short Answer

How do I set up a business and bring a team to Georgia?

There are four main routes: incorporate a Georgian company, acquire an existing one, employ through an Employer of Record, or hire locally. KNM Advisory handles each end to end from Tbilisi, including a virtual address, bank accounts at Bank of Georgia and TBC Bank, the right to work that most foreign employees have needed since 1 March 2026, and the residence permit that follows.

Who this is for

  • Foreign companies entering Georgia
  • IT companies relocating teams
  • Founders moving to Tbilisi
  • Employers of foreign staff
  • Investors seeking residence
Four Routes

How do you want to be present in Georgia?

Route 1

Incorporate your own company

Company incorporation and business accounts, end to end.

  • Incorporation file and individual charter
  • Powers of attorney and notary
  • Virtual address in Georgia
  • Accounts at Bank of Georgia and TBC Bank
Route 2

Acquire an existing company

A clean, solvent LLC with the turnover to bring your staff across now, not in several years.

  • Finding the target
  • Due diligence and purchase agreement
  • Escrow and registration
Route 3

Employer of Record

Our established Georgian entity employs your people, so there is no company for you to buy or maintain.

  • Visa, right to work and residence permit
  • Employment and onboarding
  • Labour agreement and EoR service agreement
Route 4

Hire locally

Skilled Georgian professionals, through your own company or our Employer of Record. No visa or permit is needed.

  • Employment contracts
  • Onboarding and compliance
  • Payroll tax set-up
Side By Side

Which route fits your plan?

IncorporateAcquireEmployer of RecordHire locally
Your own Georgian companyYes, newYes, existingNoYour own, or through our EoR
Turnover test for foreign staffMust be built, with a narrow start-up exceptionComes with the target's turnoverHandled through our entityNot applicable
Visa and permitsNeeded for foreign staffNeeded for foreign staffArranged for each employeeNot needed
Legal employerYour companyYour companyKNM's Georgian entityYour company or KNM's entity
Typical timingIncorporation within 10 business days of complete documents; bank accounts within 30 business days of applyingAbout 2 months, depending on the targetOnboarding starts straight away; permits run in parallelAs soon as contracts are signed
Best whenYou plan a long-term presence and start smallA larger team has to move soonYou want people on the ground without an entityYou do not need to relocate anyone
The 2026 Rules

Right to work for foreign employees in Georgia

Since 1 March 2026, a foreign national without permanent residence generally needs the right to work and a matching residence permit or D1 visa to be employed or self-employed in Georgia. Foreign employees registered in the labour migration database on that date have until 1 January 2027 to comply.

  1. 1

    Employment agreement

    A fixed-term written agreement, in Georgian and in a language the employee understands.

  2. 2

    Right-to-work application

    The local employer applies on behalf of the employee. A self-employed foreigner applies personally.

  3. 3

    Review

    Up to 30 calendar days once the file is complete. An expedited route is available for a higher fee.

  4. 4

    Visa or residence permit

    If abroad: apply for a D1 visa within 30 calendar days. If in Georgia: apply for a work or IT residence permit within 10 calendar days.

  5. 5

    Renewal

    Apply 30 calendar days before expiry. If the contract ends early, the authority must be notified.

What else to plan for

Staying Long Term

Residence and immigration routes

Choosing the wrong status costs time you cannot get back. We look at every lawful route, not just the most familiar one.

Work residence

For foreign nationals with the right to work, usually following a D1 visa.

IT residence permit

For IT employees and small-business IT entrepreneurs with the right to work, and for those who manage and represent International Companies.

Investment residence

A 5-year permit for investments of at least USD 300,000, with a route to an unlimited permit where the conditions are met.

Property-based residence

A short-term permit based on ownership of immovable property, other than agricultural land, on the conditions set by law.

Study and family

Education and family reunification grounds, and special or humanitarian grounds where they apply.

Permanent residence

The long-term route, including conversion from a temporary status and the compliance needed to keep it.

Not sure which route is yours? Ask for an immigration memorandum.

One written document covering all the options open to you, a side-by-side comparison, eligibility requirements, realistic timing and cost, ongoing compliance, and our recommendation with the reasoning behind it.

What We Handle

Company incorporation and bank accounts, step by step

You do not need to stay in Georgia for this. We work under power of attorney and deal with the registry and the banks directly.

Your Team

Who leads this work

Nika Magedani

Nika Magedani

Managing Partner

Leads the firm's Corporate, Tax, Litigation, Start-up and IP work. Member of the Georgian Bar Association, with a Master of Law and Business from Bucerius Law School in Hamburg and a Master of Business Law concentrating in Tax Law.

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Uta Kharbedia

Uta Kharbedia

Senior Partner

Leads the Corporate, Litigation and Regulatory practices. Represents clients in complex disputes before courts and arbitral tribunals, and guides businesses through licensing and regulatory authorisation.

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Questions

Frequently Asked Questions

Can a foreigner own 100% of a Georgian company?

Yes. Foreign individuals and companies can own a Georgian company outright. Separate restrictions apply to agricultural land.

Do I have to be in Georgia to incorporate a company?

No. We can act under a power of attorney, which you sign before a notary and legalise where required. We then handle the registry filing and the bank accounts on your behalf.

Can you provide a virtual address in Georgia?

Yes. As part of market entry, we can provide your company with a virtual address in Georgia.

How long does company incorporation take in Georgia, including a bank account?

We incorporate within 10 business days of receiving all required documents, and open accounts at Bank of Georgia and TBC Bank within 30 business days of the initial application. Delays caused by the authorities or banks, such as follow-up requests, can extend this.

What is an Employer of Record in Georgia?

A Georgian entity that legally employs your staff while they work for you day to day. It handles visas, permits, employment contracts and compliance. You pay a service fee and the salaries, with no Georgian company of your own to buy or maintain.

Do foreign employees need a work permit in Georgia?

In most cases, yes. Since 1 March 2026, foreign nationals without permanent residence need the right to work, obtained through the employer, plus a residence permit or D1 visa. Foreign employees already registered on that date have until 1 January 2027. There are exceptions, for example for permanent and investment residence permit holders.

What is the GEL 50,000 turnover requirement?

An employer generally has to show annual turnover of GEL 50,000 for each foreign national it employs, or GEL 35,000 for educational and medical institutions. It does not apply within three months of registration if the employer has no more than three foreign nationals. This is why many companies buy an existing LLC or use an Employer of Record.

What happens if I employ a foreigner without the right to work?

The employer faces a fine of GEL 2,000 per foreign national, and the employee faces a GEL 2,000 fine. Fines double and then triple for repeat offences.

· Reviewed by: Nika Magedani, Managing Partner. This page is general information, not legal advice. Rates, deadlines and procedures change: please speak to us before relying on them for a decision.

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