When a business partner or director leaves a company, the change involves more than a management decision. If the process is not handled properly, it may disrupt operations, restrict access to bank accounts and company documents, trigger disputes between shareholders, or expose valuable commercial information. For this reason, a partner’s

A company’s competitive advantage often depends on more than the quality of its products or services. Valuable assets may include pricing models, supplier terms, non-public customer lists, manufacturing methods, software solutions, business plans and product-development concepts. Improper disclosure or use by a competitor can cause financial loss and weaken a

When a shareholder holds at least 95% of the voting shares in a Georgian joint stock company, Georgian law allows that shareholder to initiate a squeeze-out procedure for the compulsory redemption of the remaining shares. However, reaching the 95% threshold does not automatically transfer ownership of the remaining shares. The

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