Day: August 19, 2026

August 19, 2026

Latest updates, announcements, and media highlights from Nomos Georgia.

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Contributing Assets for Shares in Georgia: What Public Ruling No. 208 Changes

On 3 July 2026, the Minister of Finance of Georgia published Public Ruling No. 208, clarifying how the Georgian Tax Code treats two closely related transactions: contributing assets to a company in exchange for shares, and receiving assets back from a company on liquidation or capital reduction. The ruling took

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Key Legislative and Regulatory Developments in Georgia in 2026

Georgia’s legislative and regulatory landscape has continued to evolve throughout 2026, introducing important changes across taxation, immigration, real estate, tourism and other regulated sectors. Some of the reforms simplify existing procedures, while others introduce additional compliance and reporting requirements. Below are some of the key developments businesses should be aware

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Excluding a Shareholder from a Georgian LLC: Grounds, Procedure, and Practical Safeguards

Every limited liability company depends on a working relationship among its partners. When one partner’s conduct threatens that relationship, Georgian law gives the company a way out: exclusion. The Law of Georgia on Entrepreneurs sets out two separate routes to the same result, and choosing the wrong one can cost

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