Law Firm

Law Firm

December 06, 2024

Guide to Issuing an Online Power of Attorney in Georgia

An online power of attorney in Georgia is a convenient way to authorize another person to represent your interests in various legal matters. These may include purchasing real estate, registering as an individual entrepreneur or company, or opening a bank account.
Since January 2024, the law firm Rokhvadze & Partners, in collaboration with European notaries, has been assisting with the preparation of notarized documents for use both in Georgia and abroad.
In this article, part of Rokhvadze & Partners Insights, we will explain how to create a power of attorney online via Notarity at https://notarity.com/en/booking/rokhvadze-partners/. 
Preparing to Issue a Power of Attorney
Determine the purpose of the power of attorney: - Purchasing real estate or movable property - Registering an individual entrepreneur (IE) or company - Opening a bank account
We will draft the required text in the necessary language and submit it to the notary for review. This process typically takes just a few hours.
Gather the necessary information: - Your passport details (as the principal). - Full name, passport details, and contact information of the authorised representative. - A precise description of the powers being delegated.
Choose an online notary: Our partner notaries provide online notarisation services through the Notarity platform and live video calls after registration. Rokhvadze & Partners will organise the entire electronic notarisation process for powers of attorney and other documents.
Issuing a Power of Attorney via an Online Notary
Book your session with us: You can book through the Notarity platform or by consulting Rokhvadze & Partners directly.
Submit the required documents to the notary: - Send a scanned copy of your passport and details of the authorised representative. - Specify the language of the power of attorney (commonly English or with a translation).
Pay the notary’s fees: - Payments can be made online using a bank card. - The fee may vary depending on the complexity of the document and the notary's rates.
Attend the video call: - The notary will verify your identity via a video call. - Ensure your camera and microphone are functioning properly.
Receiving the Completed Power of AttorneySigning and notarisation: - After the video call, the notary will finalise the document and validate it with an electronic signature. - The document becomes legally binding immediately upon notarisation.
Receiving the document: - The electronic version of the power of attorney will be sent to your email. - If needed, the notary can send a physical copy to the Rokhvadze & Partners office.
Using the Power of Attorney AbroadFor opening a bank account in Georgia: - Present the original power of attorney (electronic or physical) to the bank. - If you are abroad, check whether the bank accepts electronic versions. - Rokhvadze & Partners can act on your behalf under the power of attorney.
For company/IE registration: - Submit the power of attorney to the National Agency of Public Registry, or allow Rokhvadze & Partners to handle the registration process in Georgia.
Why Choose Rokhvadze & Partners?  - We assist clients at every stage, from selecting a notary to representing your interests. - We provide document translation and certification services. - Our convenient office is available for receiving original powers of attorney or forwarding them to the appropriate authorities. Contact us for professional support and swift issuance of your power of attorney.

ADDITIONAL SERVICES

Accounting support

Opening a bank account

Legal address

WHY GEORGIA?

Georgian companies have
unique advantages.

  • Loyal tax rates

  • 6th place in the Doing Business ranking

    No problems with European and American counterparties.

    Open access to the state register of legal and non-legal entities.

    Low tax rates, as well as the possibility of reinvesting profits in case of absence of dividend distribution among founders.

    Exemption from VAT.

    Convenient work with the Tax Service: the possibility of postponing tax payments
    for a certain period, conducting electronic work.

    Loyal attitude of foreign banks towards Georgian companies.

  • Low maintenance costs

  • Open registers

    All statutory documentation is stored electronically.

    In Georgia, as in EU countries, an electronic apostille is in force.

    Georgian corporate law underwent the reception of Austrian and German civil law. The best practices of these countries were adopted.

    In Georgia, international accounting standards apply
    for both small and large enterprises (IFRS for SMEs).

    Business support by international audit companies such as BDO, Nexia International, Grand Thornton, KPMG.

    In Georgia, the European Business Association operates, which is actively involved in the development of corporate, tax, and economic bases for foreign business.

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WHY ROKHVADZE & PARTNERS?

  • 8 years of professional support for foreign businesses in Georgia

  • Registration and full support for company launches (including account opening)

  • Legal and accounting support

  • Experience in legally structuring complex corporate structures

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Atoneli Street 12,
Tbilisi, Georgia

    Georgia: +995 551 317 330
    Ukraine: +38 044 300 25 81