The assessment begins with a precise description of the goods and services offered, operating locations, and work processes. Company registration, registration of the economic activity, and authorization under industry-specific laws are then reviewed separately. Entry in the company register documents the company’s legal status, but does not automatically authorize every regulated activity. An entry in the Economic Activity Registry also describes the economic activity being carried out, but does not replace any approval required from a competent authority. There is no general business license for all companies in Georgia. A license is required only when legislation makes the specific activity subject to licensing. In addition, a permit may be required for a particular operation, location, or business activity, and may have its own conditions. For each business area, it should therefore be established which authority is responsible, which requirements must be met, and when the activity may begin. If the offering, location, or mode of operation changes, the assessment must be carried out again, as this may create additional industry-specific requirements.
Classification of Business Licensing and Industry Requirements in Georgia
For business licensing in Georgia, the specific business model must be assessed to determine whether industry-specific requirements apply in addition to company registration. Not every business needs a license or permit, but regulated business activities may only begin once the applicable requirements have been met.
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