What is an economic activity and when is the activity registration mandatory?
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An economic activity is considered as the types of economic activity considered by the national classifier of Georgia approved by the legal entity of public law - the National Statistical Service of Georgia. Registration of economic activity is voluntary, except for the cases established by law.
Which mandatory documentation shall be submitted for registration in the register of economic activities?
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In order to register the economic activity of the subject, the application of the authorized person on the registration of economic activity and the information provided by the national classifier of Georgia approved by the National Statistical Service of Georgia shall be submitted to the agency. The information about the specific type of registration activity and the data on the address of the place of subject's business shall be indicated. In addition, you shall submit the applicant's identity document, the applicant's eligibility document (if the applicant is not an interested person).
Which entities' activities are registered in the register of economic activities?
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The register of economic activities not only the economic activities of the individuals are registered in the register of entrepreneurs and non-entrepreneurial (non-commercial) legal entities (individual entrepreneur, Ltd. JSC, general partnership, limited partnership, registered cooperative society, non-entrepreneurial (non-commercial) legal entities, religious societies), but the economic activity of all persons participating in civil turnover in a certain legal form (e.g.: tax payers (the so-called natural persons), micro-entrepreneurs, partnerships, legal entities of public law, etc.). They shall be identifiable by the identification number registered by the Revenue Service in the register of the payers; it can be a personal 11-digit code or a 9-digit code.
What does the extract from the register of economic activities include?
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The extract from the register of economic activities is prepared based on the register of economic activities and the register of entrepreneurs and non-entrepreneurial (non-commercial) legal entities and it includes the valid data about the subject registered in these registries.
For what period are the types of activities considered as registered in the register of economic activities?
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The term of registration of economic activity is one year from the moment of its registration. Expiration of the term leads to the invalidity of the decision on registration, if the interested person did not submit a request to the agency for the extension of the term of registration.
What is included in the information about the address of the subject's place of business for the purposes of registration in the register of economic activities?
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The place of economic activity (address), where a specific type of activity is carried out, may be one or several. If one entity performs different activities at several places of activity, then the application shall include each type of the activity according to the place of activity (address). If the place of economic activity (address) where the specific type of the performed economic activity is not indicated in the registration application, then it will be considered that the type of activity mentioned in the application is performed at the subject's legal address.
How shall I fill in the registration document containing the information provided by the national classifier of Georgia?
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The information shall indicate the specific type of registration activity, including the appropriate number assigned by the Georgian National Classifier approved by the National Statistical Service of Georgia (section, division, group, class and sub-class number) and the specific place of activity (address).
Is it possible to cancel the registration of the type of activity registered in the register of economic activities?
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The registration of the economic activity will be canceled if the subject applies to the Agency with the request to cancel the registration of economic activity. Registration of the economic activity will also be canceled in other cases provided for by law.
