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BranchHolding Company

Branch Office in Georgia — Holding Company Formation Guide

Choose jurisdictions with extensive double taxation treaty networks, participation exemptions for dividends, and zero or low capital gains tax on the sale of shares.

Last verified: June 13, 2026

Corporate Tax

15.0%

State Tax

0.0%

Formation Cost

$75

Annual Fee

$0

Forming a Branch Office in Georgia as a Holding Company means a total tax burden of 15.0% and an official formation cost of $75. There is no minimum capital requirement. Standard formation takes 1-2 business days, or Same day expedited. This guide covers the steps, tax breakdown, banking options, and compliance requirements — all from verified data.

First-year total cost

$725

Ongoing (per year)

$200

Detailed cost calculator →

Why Branch Office for Holding Company?

A holding company is a parent entity that owns enough voting stock in another company to control its policies and management. It exists primarily to hold assets, intellectual property, or investments rather than producing goods or services itself.

Ideal for

  • Serial entrepreneurs
  • Families managing generational wealth
  • Corporate groups with multiple subsidiaries
  • Investors holding diverse asset portfolios (real estate, IP, stocks)

Challenges to watch

  • Complex regulatory compliance
  • Strict economic substance requirements
  • Transfer pricing rules and documentation
  • Higher setup and annual maintenance costs

Key decision criteria

  • Participation exemption rules for tax-free dividends
  • Withholding tax rates on dividends and royalties
  • Controlled Foreign Corporation (CFC) rules
  • Local economic substance regulations

Branch Office formation requirements

Minimum capital

None

Standard timeline

1-2 business days

Expedited timeline

Same day

Local director

Required

Registered office

Virtual office allowed

Notarization

Required

A branch office must appoint a legal representative who resides in Georgia. A foreign national can fulfill this role if they live in the country.

See the full guide for all documents and requirements →

Estimated breakdown (based on avg. $1,000,000 revenue)

Gross Revenue$1,000,000
Corporate Tax-$150,000
Formation Cost-$75
Annual Fee-$0
Net Profit$849,925

Simulate with your own revenue →

VAT / Sales Tax

Standard rate 18%. Registration threshold: 37,000 USD. Non-resident providers of digital services to Georgian consumers must register and charge 18% VAT. Reverse charge mechanisms apply for B2B transactions.

Banking & payments for Holding Company

Opening a traditional bank account in Georgia usually requires an in-person visit or a notarized and apostilled Power of Attorney. However, the process is fast once documents are submitted, and multi-currency accounts are standard. Remote founders often use fintechs like Payoneer or Paysera for easier access.

Supported payment gateways

PayPalCheckout.comUnipayTBC PayPaymentwall

Remote-friendly accounts

  • Payoneer

    Popular fintech alternative for Georgian entities to receive international B2B payments in multiple currencies remotely.

  • Paysera

    Licensed in Georgia, offering remote-friendly multi-currency accounts and seamless SEPA transfers for European clients.

Georgia incentives & advantages

Free Industrial Zone (FIZ) Exemption

0% Corporate Tax, 0% VAT, 0% Property Tax, and 0% Import/Export duties.

Branch Office formation steps

1

Prepare and apostille the parent company's corporate documents (Articles of Association, Extract from Commercial Register).

2

Draft a formal resolution from the parent company's board of directors to open a branch in Georgia.

3

Issue a notarized and apostilled Power of Attorney if the registration will be handled remotely by an agency.

4

Translate all foreign corporate documents into Georgian and have them notarized locally in Georgia.

5

Secure a registered legal address in Georgia (a virtual office is acceptable for this purpose).

6

Submit the application and all translated documents to the National Agency of Public Registry (NAPR).

7

Register with the Revenue Service to obtain a tax identification number and apply for VAT registration if applicable.

8

Open a corporate bank account with a Georgian bank or an international multi-currency fintech platform.

Holding Company FAQ

What is the main benefit of a holding company?

Asset protection and tax efficiency. It isolates financial risk so that if a subsidiary fails, the holding company's other assets remain protected.

Where are the best jurisdictions for holding companies?

Popular jurisdictions include the UK, Singapore, Switzerland, the Netherlands, and the UAE, due to their favorable tax exemptions on dividends and capital gains.

Do holding companies need physical offices?

Yes, increasingly so. Many jurisdictions now enforce 'economic substance' laws requiring holding companies to have local directors, physical office space, and adequate local expenditure.

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Related terms

Key concepts you'll encounter when forming a Holding Company

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