Limited Liability Companies
Pursuant to the Law of Georgia on Entrepreneurs (in Georgian: „საქართველოს კანონი მეწარმეთა შესახებ“), a Limited Liability Company (in Georgian: ”შეზღუდული პასუხისმგებლობის საზოგადოება“) may have one of the following organizational structures:
- One or more Managing Directors (in Georgian: “დირექტორი”)/Board of Directors (in Georgian: “დირექტორთა საბჭო“) and a Supervisory Board (in Georgian: “სამეთვალყურეო საბჭო“).
- One or more Managing Directors/ Board of Directors only.
Joint Stock Company
Pursuant to the Law of Georgia on Entrepreneurs, a Joint Stock Company (in Georgian: „სააქციო საზოგადოება“) may have one of the following organizational structures:
- One or more Managing Directors/Board of Directors and a Supervisory Board.
- One or more Managing Director/Board of Directors only.
Please see, respectively, “Managing Directors/Board of Director” and “Supervisory Board” in the left side menu for a more in-depth description of each structure, including how to change the respective board members.
BGI Legal has provided all input about changing board members in Georgia. BGI Legal is one of the largest full-service law firms in Georgia with the extensive legal expertise in all aspects of contentious and non-contentious practice. BGI Legal offers an unparalleled diversity and breadth in its ability to guide clients in the increasingly sophisticated environment of Georgia`s fast-paced economic and legal development.
For more information about BGI Legal and changing board members in Georgia, please use the below contacts:TEL: +995 322 470 747