Start a hotel in Tbilissi

auswanderngeorgien Member

Member since 23 January 2021

auswanderngeorgienMember28 January 2021 17:32:22

I want to rent/buy a hotel in Tbilissi.

Can I do it as a small business firm, or, must I make a LLC firm?

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Ninokhoneli New member

Member since 09 January 2021

NinokhoneliNew member28 January 2021 17:48:33

you can as individual entrepreneur or LTd- Limited liability company
You need to register both, which is the very very simple procedure..

auswanderngeorgien Member

Member since 23 January 2021

auswanderngeorgienMember28 January 2021 17:55:28

small business: I heard it is not allowed.

How do you mean, you need to register both?

Are you a lawyer or do you have a hotel already?

Ninokhoneli New member

Member since 09 January 2021

NinokhoneliNew member28 January 2021 18:03:52

You need to register LTD - (it is same as LLC) But the procedure is easy .. I have Hotel as well and I have registered few times all kinds of Companies.
I am not Lawyer... I am Financial Manager and also have experience in REAL ESTATE

auswanderngeorgien Member

Member since 23 January 2021

auswanderngeorgienMember31 January 2021 09:30:15

I have heard that to make hotel business in Georgia you MUST register a LLC. It is NOT possible with small business enterprise! Are you sure? Do you know somebody personally?