Terminating an Individual Entrepreneur in Georgia (2026)
If you no longer need your Individual Entrepreneur (IE) status in Georgia, you must formally terminate it through the National Agency of Public Registry and close your tax obligations with the Revenue Service. An IE remains active until it is cancelled, so stopping activity alone is not enough. Termination can be completed in person or remotely through a notarised, apostilled Power of Attorney; the Public Registry state fee is GEL 26 (one working day) or GEL 75 (same day).
Last reviewed: 10 July 2026 · Last checked: 28 July 2026
If you no longer need your Individual Entrepreneur (IE) status in Georgia, you must formally terminate it through the relevant state authorities.
Simply stopping activity is not enough — your IE remains active in the system until it is formally cancelled. Until then you may still:
- be required to file tax declarations;
- receive penalties from the Revenue Service;
- appear as an active taxpayer.
Termination ensures your obligations are fully closed.
Authorities involved
| Authority | Role |
|---|---|
| National Agency of Public Registry | Termination of IE status |
| Revenue Service of Georgia | Tax closure and status updates |
Terminating remotely
If you are not in Georgia, an IE can be terminated through a representative located in Georgia acting under a Power of Attorney. The representative submits the documents to the National Agency of Public Registry at the Public Service Hall on your behalf.
| Step | Action | Where |
|---|---|---|
| 1 | Appoint a representative in Georgia | — |
| 2 | Prepare the Power of Attorney | Your country |
| 3 | Notarise the Power of Attorney and a copy of your passport; obtain an apostille or legalisation, where required | Your country |
| 4 | Settle tax obligations: file pending declarations, pay outstanding taxes, cancel special tax status | Revenue Service |
| 5 | Send the original documents to the representative by international courier | Your country → Georgia |
| 6 | The documents are translated into Georgian and the translation is notarised | Georgia |
| 7 | The termination application is submitted to the Public Service Hall. | Public Service Hall |
Power of Attorney
The Power of Attorney authorises your representative to:
- terminate the Individual Entrepreneur;
- submit documents to government agencies on your behalf;
- receive registration extracts and related documents.
You sign it before a notary in your country, together with a notarised copy of the main page of your passport. Depending on your country, these documents may also need to be apostilled (for countries party to the Hague Apostille Convention) or otherwise legalised.
Once the originals arrive in Georgia, the representative arranges an official translation into Georgian and notarisation of the translation. Translated, notarised documents is submitted to the Public Registry.
Settling tax obligations
Before termination you should:
- submit all pending declarations;
- pay any outstanding taxes or penalties;
- cancel any special tax status, such as Small Business status, if applicable.
State fees and processing time
The documents are submitted to the National Agency of Public Registry at the Public Service Hall. The registry reviews the application and issues a decision on termination.
| Service | State fee | Processing time |
|---|---|---|
| Standard | GEL 26 | 1 working day |
| Same-day | GEL 75 | Same day |
Frequently asked questions
Do I have to formally terminate my Individual Entrepreneur?
Yes. An IE remains active in the system until it is formally cancelled. Simply stopping activity is not enough — until termination you may still be required to file tax declarations, may receive penalties from the Revenue Service, and appear as an active taxpayer.
Which authorities are involved in termination?
Two authorities are involved: the National Agency of Public Registry, which terminates the IE status, and the Revenue Service, which handles tax closure and status updates.
Can I terminate my IE remotely?
Yes. You can appoint a representative in Georgia and issue a notarised Power of Attorney, apostilled or legalised where required. The representative submits the documents to the Public Service Hall on your behalf. Termination can also be done in person if you are in Georgia.
How much does termination cost and how long does it take?
The Public Registry state fee is GEL 26 for standard service (one working day) or GEL 75 for same-day service. The registry reviews the application and issues a decision on termination, usually within one working day.
What do I need to do about taxes before terminating?
Before termination you should submit all pending declarations, pay any outstanding taxes or penalties, and cancel any special tax status, such as Small Business status, if applicable.