Dormant companies: reporting and closure
A dormant company may still have reporting and registration matters to resolve.
Professional liquidation for dormant or reporting-compliant companies. Legal work by ASSIO LEX AND ASSOCIATES LLC.
Registration frozen? We help bring your company into compliance with the Law on Entrepreneurs.
Missing accounts or overdue reports? We can reconstruct the financial picture and address the work outstanding.
// COMPANY CLOSURE IN GEORGIA
Company liquidation in Georgia, handled by lawyers in Tbilisi.
ASSIO LEX AND ASSOCIATES LLC helps owners close Georgian companies with the legal work handled from Tbilisi. If the company never traded, has completed its purpose or needs its accounts brought up to date, we establish what remains and agree the work with you.
- Company review before the work begins
- Legal and accounting matters considered together
- Instructions from Georgia or abroad
€1,360
Service price for straightforward company liquidation
// HOW WE CAN HELP
What does your company need?
01
Explore the service →
Company liquidation
Close a dormant or compliant company, with the legal work managed from review to final registration.
02
Explore the service →
Company restoration
Bring suspended registration into compliance and put your company back in a position to act.
03
Explore the service →
Accounting & reporting
Reconstruct missing accounts and address Revenue Service and SARAS reporting where applicable.
04
Explore the service →
Complex company closure
Resolve the extra work behind assets, debts, missing records or disputes before closing.
05
Explore the service →
Individual entrepreneur closure
End your IE registration with the relevant tax position and remaining obligations in view.
YOUR COMPANY CLOSURE
Tbilisi · Georgia
Tbilisi · Georgia
Every detail.
A proper conclusion.
The professional work behind the final registration.
- Company & ownership reviewRegistered details and authority to act.
- Accounts & reporting positionRS.ge and SARAS, where applicable.
- Legal work & representationDocuments, submissions and follow-up.
- Final registration outcomeConfirmation of the agreed work.
ASSIO LEX AND ASSOCIATES LLC
// COMPANY LIQUIDATION IN TBILISIYou decide to close.
You decide to close.
We handle the details.
You have made the business decision. Our role is to deal with the company it leaves behind: understand its position, agree the work and carry out the legal assignment in Georgia.
A dormant company, a suspended registration and years of missing accounts need different attention. We tell you what your company needs and what it will cost before you instruct us.
€1,360Company liquidation
for straightforward dormant or reporting-compliant companies.
for straightforward dormant or reporting-compliant companies.
// THE WORK BEHIND THE RESULT
Legal work, accounting and final registration.
What to expect
01
Company review
Registration, ownership and authority.
02
Records & reporting
Accounts and statutory filings.
03
Legal representation
Documents, submissions and coordination.
04
Final confirmation
The outcome of the agreed work.
The company never traded
Review dormancy and reporting
The business has finished
Arrange a professional closure
Registration is suspended
Restore compliance or assess closure
The records are incomplete
Reconstruct accounts and reports
// A QUESTION WE HEAR
“It never traded. Do I still need to close it?”
DORMANT COMPANIES
Inactivity does not complete the closure.
A company can have no trading activity and still need its registered position and statutory reporting reviewed. We check what remains and tell you whether it qualifies for the €1,360 liquidation service, including authority fees.
Read the answers// LET’S TALK
Speak with a lawyer in Tbilisi.
Have questions before giving instructions? Request a Zoom call and tell us what you need to discuss. We’ll confirm the time and any consultation fee.
At your desk.
Wherever that is.
Send the company name, your time zone and preferred times. We’ll confirm the appointment with you.
Request a Zoom call
// BUSINESS CLOSURE NOTES
Questions owners ask before closing.
Suspended registration: restore or close?
Understand what a suspension means before deciding to restore or liquidate.
Closing a Georgian company from abroad
How we begin a company review and coordinate instructions from abroad.
// PROFESSIONAL FEES
Services and prices.
Company liquidation
€1,360
For uncomplicated dormant or reporting-compliant companies.
Notary and translation fees included when the same person is sole shareholder and sole director.
Service detailsCompany restoration
€800
One individual shareholder and one director. Notary and translation fees included when these are the same person.
Service detailsCompany restoration
€1,200
Corporate shareholder or multiple directors. Translation and notary fees additional.
Service detailsComplex closures, accounting reconstruction and IE closure are quoted individually. Published prices include authority fees. We confirm the scope, VAT treatment and any separate document costs in writing. See service fees.
// QUESTIONS ANSWERED
Before you begin.
How long does company liquidation take?
For planning, allow around six months from filing the liquidation application with the Public Registry. Preparation comes before filing. Completion may be earlier or later depending on tax checks, assets and unresolved matters. We confirm the expected timetable after reviewing the company.
Can you help with a frozen or suspended company?
Yes. We check the registry decision and advise on restoration or closure. Suspension for failing to update registration data is not the same as completed liquidation. Preparatory registration work may be needed before closure.
Can I arrange the work from abroad?
We can coordinate your instructions and review by email or Zoom and represent you under suitable authority. The documents needed depend on the ownership and where they are signed. We confirm any notarisation, apostille or legalisation requirements after review.
What do you need to begin?
Start with the company or IE name, your contact details and a brief account of its activity. Add the identification number if you have it; it is optional in the enquiry form. Mention any missing reports, debts, assets or suspension. Supporting documents can follow after our initial review.
Can a dormant company receive an RS assessment or fine?
Yes, where the legal conditions are met. A missing required return can lead to an estimated tax assessment, with interest or penalties where applicable. An assessment is different from a fine; Article 274’s late-filing fine does not apply when the return’s tax payable is zero. We review the notice and records. Read about dormant companies and RS assessments
Ready to close the company?
Send the company name and a brief summary. We’ll confirm the work, fee and expected timing.
