A Georgian company can usually own up to 100 percent of an Indian private limited company under the automatic route, subject to sectoral caps. The company needs at least two directors, one resident in India, and investment must be reported in Form FC-GPR within 30 days of allotment. Georgian corporate documents are apostilled for use in India.
- Document route
- Georgian notary and apostille through the Public Service Hall
- Time difference
- IST is 1h30 ahead of Georgia all year
- Law
- Companies Act 2013, FEMA 1999, NDI Rules 2019
- Minimum
- 2 directors, 2 shareholders
Company Setup for Foreigners from Georgia: how it works
We advise on the vehicle, then handle name reservation, incorporation, PAN, TAN, bank account and FC-GPR. For alcoholic beverages such as Georgian wine, we also advise on import licensing and state excise rules, which vary across India.
After incorporation, we set up compliance under the Companies Act, FEMA and GST.
We also advise Indian entrepreneurs in Georgia who want to set up a company in India while living abroad.
For Georgian tourism businesses, we also advise on Indian tour operator registration, GST on tour packages sold to Indians, and the tax collected at source on overseas tour packages.
What clients in Georgia should know
- State excise rules matter for wine imports.
- Appoint a reliable resident director.
- File FC-GPR on time.
Step by step from Georgia
Video consultation
A call at a time that suits Georgia, after we have read your documents.
Documents signed in Georgia
Georgian notary and apostille through the Public Service Hall
Work in India
Our team files, appears and follows up in India, and shares scans of everything filed.
Result and handover
Certified copies and originals are couriered to you in Georgia where needed.
The full guide
This page covers what changes when you are in Georgia. For the law, the documents and the step-by-step procedure, read our main page on Company Setup for Foreigners, or see all services for clients in Georgia and the Doing Business in India practice area.
Questions from clients in Georgia
Do Georgian investors need approval?
Usually not, under the automatic route.
Can we import Georgian wine through our Indian company?
Yes, with import and state excise licences.
How long does incorporation take?
Often two to four weeks.
Is there tax on tour packages sold to Indians?
Yes, tax collected at source applies to overseas tour packages above thresholds.