Put simply, the tax position in Georgia is clear: corporate tax is charged only when profits are distributed (Estonian model) at 15%, with Virtual Zone IT companies exempt on foreign income. Georgia company formation takes 1 to 2 working days, and GoldenKey coordinates the local agents, supporting documents and bank introductions from Ajman. Russians are a fast-growing community that has expanded sharply since 2022, with strong presence in Dubai Marina, JLT and Business Bay, so the Georgia authority, the banks and the immigration officers see Russian applications every day and process them without hesitation. To be clear, payments between Russia and the UAE are routine: the dirham is pegged to the dollar, Russian rouble (RUB) transfers settle promptly and UAE banks are familiar with Russian business profiles.
Why Georgia
Reasons business owners choose Georgia include one of the easiest places in the world to start a business, low taxes and simple reporting, visa-free entry for most nationalities for a year and bridge between europe, the caucasus and central asia. GoldenKey works with licensed corporate service providers in Georgia and remains your single point of contact throughout. Many Russian founders run Georgia companies alongside an existing business in Russia, using the UAE entity for international invoicing and regional sales.
How Georgia works with GoldenKey
Step 1Structure and name check
We confirm the activity, shareholders and name availability with the National Agency of Public Registry. This is also the point at which we answer any question specific to a Georgia company for Russians.
Step 2KYC and documents
You provide passports, proof of address and the information required by the Georgia registrar; GoldenKey prepares the forms.
Step 3Incorporation
Our Georgia partner files the incorporation and the registrar issues the certificate, typically within 1 to 2 working days. Your portal shows the status of this step for a Georgia company for Russians in real time.
Step 4Banking and compliance
GoldenKey arranges bank introductions in Georgia and diarises the annual compliance filings.
Documents required
Gather these documents and GoldenKey will take care of the rest of a Georgia company for Russians.
- A passport issued by Russia with at least six months' validity
- Proof of address
- Educational certificates attested by the Russia authorities and the UAE embassy, for professional activities
- A police clearance certificate from Russia if the activity or the Golden Visa category requires it
- A bank statement from your Russia bank for the last three months, which banks use to understand your profile
- Bank reference
Pricing
The figures below for a Georgia company for Russians are updated by GoldenKey whenever the licensing authority changes its fees, so the price you see is the current one. Pricing for a Georgia company for Russians depends on the package you choose; every option below includes GoldenKey's service and the government fees stated.
| GoldenKey service fee | AED 5,000 |
|---|---|
| Official fees (approx.) | AED 500 |
| Approximate total | AED 5,500 |
Fees in AED; official Georgia fees in GEL
Request this servicePrices are indicative, in AED, exclusive of 5% VAT where applicable, and confirmed in writing before payment. Last updated 2026-10-07.
Why the UAE
Just as important, there are no restrictions on repatriating profits or capital, so earnings from a Georgia company for Russians can be moved to your home country or reinvested freely. Just as important, the dirham has been pegged to the US dollar since 1997, which removes currency risk for a Georgia company for Russians and makes international pricing simple.
Why GoldenKey
Our quotations for a Georgia company for Russians list every government fee and our service fee on one page, in writing, before a single dirham changes hands anything. You deal with one named case manager from the first call until your Georgia licence, visa and bank introduction are complete, and that consultant answers your WhatsApp messages personally. GoldenKey is a licensed business setup consultancy, not a reseller, which means your Georgia application is prepared, checked and submitted by our own team.
Tell us about your plans for a Georgia company for Russians and GoldenKey will come back to you shortly with a clear price, a document checklist and a realistic timeline.
Frequently asked questions
How does Georgia compare with a UAE free zone?
Importantly, each serves different markets. GoldenKey usually recommends the UAE as the operating base and Georgia where you have customers, suppliers or treaty benefits there.
What are the annual obligations for a Georgia company?
To be clear, annual returns, accounts and tax filings vary by jurisdiction; GoldenKey provides a compliance calendar and local accounting support.
Do I need to travel to Georgia to incorporate?
In most cases no. Incorporation is handled by our local partner under a power of attorney. Some banks in Georgia require a video or in-person meeting.
Can a Russian citizen own 100% of a company in Georgia?
Yes. Russians can own the full share capital of a Georgia company with no local partner, exactly like any other nationality.
How long does the process take for Russian applicants?
As we tell every client, processing for Russians follows the same timeline as other nationalities. Documents from Russia that need attestation are the main variable, and GoldenKey guides you through that step.


