Opening non-profit organization (NGO) in Georgia

If you’re considering establishing a charitable organization in Georgia, the first step is to register it as a Non-Profit Organization (NGO) or Charitable Organization. This legal entity is recognized as the most suitable choice in Georgia for ventures focused on humanitarian, educational, healthcare, human rights, environmental, and related areas.

The non-profit advantage:

An NGO in Georgia operates as a non-commercial legal entity, offering limited liability to its creditors, which is confined to its entire property. While an NGO can generate income, founders are prohibited from distributing the company’s profit. Instead, these funds must be reinvested into the activities of the organization, aligning with its charitable mission. Remarkably, an NGO can be established by a single person.

simple incorporation process

One of the attractive aspects of establishing a Non-Profit Organization in Georgia is that no start-up capital is required. The entire incorporation process typically takes only two business days after submitting the original documents.

Company formation options:

1. client’s visit to georgia:

2. • Drafting necessary documents and submitting them for registration in collaboration with the client;
   • Company registration occurs on the next business day after submission;
   • Immediate opening of bank accounts for the company, including internet banking.

2. power of attorney (POA) handling:

3. • Client sends Notarized and Apostilled (or Legalized) Power of Attorney along with a copy of their passport;
   • Drafting necessary documents and submitting them for registration based on the provided POA;
   • Company registration is completed the next business day after submission.
   • The director of the Georgian company issues a new Notarized and Apostilled/Legalized POA for opening bank accounts;
   • Once the original POA is received, business bank accounts are opened for the company, including internet banking.

important considerations

While the process is streamlined, it’s essential to note that banks may request additional information or documents from the client. In such cases, clients are required to provide the requested information promptly to facilitate the smooth establishment of the Non-Profit Organization.

In conclusion, the process of opening a charitable organization in Georgia through the registration of a Non-Profit Organization offers simplicity, efficiency, and flexibility. Whether you choose to personally visit Georgia or opt for a remote approach with the assistance of a Power of Attorney, the goal remains the same — to establish a legal entity dedicated to making a positive impact in various humanitarian and social causes.