Accounting in Georgia: All companies in Georgia, including sole traders, have to perform certain accounting procedures, which can depend on the legal entity under which the respective business is operating. However, in the case of sole proprietorships, the accounting regulations applied by the local authorities require a minimum number of documents, as this business form benefits from simpler rules in this case. Investors interested in company formation in Georgia will need to comply with a set of accounting standards and audit procedures. It is important to know that Georgian companies have to complete bookkeeping documents and financial records and our team of specialists in company formation in Georgia can assist in these procedures.
Accounting services in Georgia
Legal entities in Georgia can perform their accounting duties by hiring accountants who can manage such activities. At the same time, such companies can also request the assistance of our accountants for services such as:
- maintaining the company’s financial statements;
- preparing financial statements.
Our team of accountants in Georgia can assist foreign and local companies in maintaining the above mentioned documents in accordance with the applicable legislation, which is given by the Law on Accounting and Financial Audit.