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Business Register: By Legal Status

Based on the data of September 1, 2017, there are 664,057 registered business entities in Georgia, out of which only 173,629 are active.

The economic unit is active if it meets one of the following criterias:

  • Turnover > 0 (VAT, income and other declarations)
  • Number of Employees > 0 (VAT, income and other declarations)
  • Salary or number of employees> 0 (Salary announcements)
  • Has a profit or loss (profit declaration)
  • Pays any tax except for property taxes

The table below shows the business entity destribution in Georgia by legal status.

Legal Status Number of entities Active %
TOTAL          664,057          173,629 100
Commercial legal persons          218,765            69,441 32.9
Joint liability companies              2,758                 271 0.4
Limited partnerships                 186                   26 0
Limited liability companies          208,431            67,971 31.4
Joint stock companies              2,408                 870 0.4
Cooperatives              4,982                 303 0.7
Non-commercial legal persons            25,195              3,712 3.8

 

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The source of the article is geostat.ge (National Statistics Office of Georgia).

Copyright on the material is protected. In case of it’s full or partial publication, please indicate at it’s beginning – “Source: business.org.ge”

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