+995 595 11 88 22


+995 595 11 88 22
Company Formation Georgia



Set up a Healthcare Business in Georgia

Updated on Tuesday 19th December 2017

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Set-up-a-Healthcare-Business-in-Georgia.jpgFollowing 1991, after Georgia gained its independence, the healthcare sector went through several reforms and new policies were enforced to develop this field of activity. Investors who want to open a company in Georgia in the healthcare sector should know that, at the moment, the country has 259 hospitals, clinics and medical centers, accounting for 12,000 hospital beds for a population of 3.7 million citizens. Companies operating in this sector are regulated by the Law of Georgia on Healthcare and our team of specialists can provide an in-depth presentation on its stipulations. At the same time, it is important to know that Georgia is an attractive destination for clinical trials activities


Reasons to start a clinical trial business in Georgia 

Companies which are involved in healthcare activities related to clinical trials can choose Georgia as their business destination. One of the main reasons for starting company formation process in Georgia in this field of activity refers to the short timeframe in which such businesses can start their activities, which is generally estimated at less than two months
In order to start a healthcare business in Georgia, the company’s representatives will need an approval issued by the local Ethics Committee, which must be provided prior to obtaining an approval from the State Regulation Agency for Medical Activities
Such companies are exempt from obtaining an import-export license for specific products (study of drugs or biological samples). However, the registration of this type of company requires to complete an insurance contract for medical trials, which can be obtained from one of the local insurance companies. Our team of consultants in company registration in Georgia can offer more details on the above mentioned aspects. 

Law on healthcare in Georgia 

Healthcare companies in Georgia have to obtain an authorization for their operations on the local market, regardless of their specific business activities. As per Article 23 of the Law of Georgia on Healthcare, medical personnel has to receive a certificate which stipulates that the respective party can engage in independent medical practice in a specific field of healthcare, this being a compulsory requirement when applying for employment in a healthcare institution
Businessmen can address to our team of representatives in company registration in Georgia for more details on the rules of law regulating the authorization and operations of healthcare businesses

Meet us in Tbilisi

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Call us now at +995 595 11 88 22 to set up an appointment with Valeri Bendianishvili, one of our specialists in company formation in Tbilisi, Georgia. Alternatively you can incorporate your company without traveling to Georgia.

As a Business Setup Georgia LLC  client, you will benefit from the joint expertize of local lawyers and international consultants. Together we will be able to offer you the specialized help you require for your business start-up in Georgia.

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