Deadline April 1, 2025: Is Your Company Facing Re-registration?

New legislative requirements in Georgia affect companies registered before January 1, 2022. Under updated laws, these companies must align their founding documentation with current standards by April 1, 2025. Failure to comply by this date will restrict access to banking operations and contract opportunities, and may even lead to the cancellation of your company’s registration!

Key Details of Charter Alignment Under New Legislation

Who Must Comply?

All legal entities (including LLCs and other business forms) registered in Georgia before January 1, 2022, are required to update their data and charters to meet the latest Georgian legal standards.

Re-registration Deadline:

The final deadline is April 1, 2025. Companies that miss this date will face operational restrictions.

What Happens If You Miss the Deadline?

• Restricted access to banking services (e.g., opening accounts, transactions).

• Inability to enter new contracts with public or private entities.

• Potential cancellation of your company’s registration.

Why Does This Matter?

These legislative updates aim to enhance business transparency, streamline interactions with state authorities, and integrate Georgian companies into international standards. For firms in the virtual zone and IT sector, this is especially critical, as banking and contract access directly impacts their operations.

In our upcoming member newsletter, we’ll share a detailed digest: what you need to know, how the process works, and how to stay compliant. We don’t just warn—we assist:

Consultations: Guidance on the process and documentation.

Experts: The Association connects members with top lawyers and partner experts, offering services at the best rates.

Updates: Regular reminders to ensure you never miss the deadline.

Not Yet with the Virtual Zone Association?

Join the Association of Georgian Virtual Zone Persons now! It’s your shield in a sea of change— with us, you’re never alone against bureaucracy. Learn how to safeguard your business in our next newsletter. Don’t wait until time runs out—act today!

Update: Deadline extended to April 1, 2026.

Despite repeated warnings, many companies weren’t ready. The Association of Georgian Virtual Zone Persons urges you not to take it lightly—prepare your documents now, as further delays are unlikely! 

Join us to stay updated and get detailed guides for key events!