The fast moving consumer goods (FMGC) sector in Georgia
is a developed field of activity, mainly comprised of grocery and non-grocery companies
. Investors who are interested in starting the procedure of company registration in Georgia
in the FMCG field
should take into consideration that the grocery sub-sector
is the most developed one, as numerous companies
expand their activities due to the local consumer demand. Thus, it is necessary to establish a suitable stategy to develop in a field of activity represented by numerous local and foreign businesses, and in this sense, our team of consultants in company formation in Georgia
may provide in-depth assistance.
Important aspects when setting up a Georgian FMCG business
In order to open a company in Georgia
that will develop a successful business
, it is necessary to make a feasability study prior to actually starting the business activities. It is recommended to identify the needs of the local market
and discover what types of FCMG products
are in demand.
Any company operating in this field should set up a business strategy
related to the
distribution of the products, the number of stores that will be operated under the same legal entity
and the specific activities of the company.
For example, a distribution company in the FMCG sector
may sell goods from various local or foreign manufacturers to the end-users, represented by natural persons. At the same time, the company may enter a business-to-business activity, in which the goods are purchased from manufacturers and distributed to other
retailers already operating on the Georgian market. Our team of representatives in company registration in Georgia
can offer assistance in establishing a suitable business plan, once the investors have decided on the general aspects of their future business.
Types of products in the FMCG industry
The FCMG field
is comprised of numerous
types of goods
which can be sold on the local market. The investors should start the company formation in Georgia
once they have decided on the types of products they would like to sell. As mentioned above, groceries are in high demand in Georgia and this could represent one of the possibilities of entering the Geo FMCG sector.
However, the company may sell other related products, such as
foodstuffs or beverages. One of the main advantages of a FMCG business is that it can provide a wide range of goods, such as
clothing, footware, electronic devices, books
, provided that the location in which such products are sold meets the legal requirements related to their storage.
must be registered following the legal procedures applicable to Georgian commercial companies
and investors are invited to contact our team of specialists in company registration in Georgia
for further assistance on this matter.