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When conducting due diligence on a Georgian company, check ten items: registration status, legal form, registered address, directors and founders, UBO chain, court liens and enforcement records, real-estate encumbrances, state procurement history, any insolvency proceedings, and sanctions screening. GE360 covers the first nine from a single dossier.
Last reviewed: 2026-07-10
Georgia's business environment combines a modern, simplified registration system with a relatively young regulatory infrastructure. Companies can be registered in hours, capital requirements are minimal, and beneficial ownership tracing is still developing. This makes Georgia an attractive jurisdiction for legitimate business — and also one where counterparty risk, if not properly screened, can go undetected.
A formal checklist ensures that no source is overlooked and that findings are documented. This documentation is valuable both for internal risk decision-making and for regulatory compliance (KYC/AML obligations under your home jurisdiction's rules on dealing with Georgian counterparties).
The 10 checks below represent the minimum standard for a business relationship involving meaningful financial exposure. Larger transactions or higher-risk relationships warrant enhanced due diligence beyond this list.
1. Registration status: napr.gov.ge — confirm active status and registration date. 2. Legal form: Same — confirm LLC, JSC, IE, or other form. 3. Registered address: Same — note the address and whether it is a shared registered-office address serving many companies (shell indicator). 4. Directors and founders: Same — list all directors and founders with their IDs.
5. UBO chain: napr.gov.ge + GE360 — trace all corporate founders through to natural persons. 6. Court liens and enforcement: enreg.reestri.gov.ge. 7. Real-estate encumbrances: napr.gov.ge mortgage/pledge registry. 8. Procurement history: procurement.gov.ge + GE360 dossier. 9. Insolvency: napr.gov.ge company status + court records. 10. Sanctions: UN, EU, OFAC, OFSI lists — checked separately from Georgian sources.
GE360 consolidates checks 1–9 in a single dossier. Open the dossier at /search and review each section. For check 10 (sanctions), use dedicated sanctions screening tools.
On napr.gov.ge, enter the 9-digit registration code or Georgian company name. The search result displays current status (active, suspended, in liquidation, or dissolved) and legal form. Download the registry extract (ამონაწერი) to obtain a certified document for your files.
Check the registration date: a very recently registered company with no operating history entering a large transaction warrants heightened scrutiny. Check that the legal form matches what the counterparty has represented — for example, a company calling itself an 'LLC' should appear as შპს (shpS) in the registry.
For the complete process, see the guide on how to check a company in Georgia.
Real-estate encumbrances — mortgages, easements, and restrictions — are registered by NAPR and viewable in the property rights section of the NAPR portal. For a company, you can search for all property registered to that entity and then check each property for encumbrances.
An encumbered property cannot normally be sold or transferred without the mortgagee's consent. In a business acquisition, all encumbrances on company-owned real estate must be identified, valued, and either cleared or factored into the transaction price.
GE360's dossier 'Real Estate' section shows properties owned by the company or person and their encumbrance status. This is a research view, not a certified NAPR title search — for transactional purposes, obtain the official NAPR property extract.
Georgia's e-procurement system publishes all government contracts above the simplified threshold on procurement.gov.ge. You can search by supplier to see the company's history of winning contracts, contract values, buyers, and contract statuses.
GE360 aggregates this data: our database tracks ₾32.6 billion in state procurement spending [GE360 registry data, 2026]. The dossier 'State Contracts' section shows whether the company was a supplier or a public buyer, and lists individual contracts with amounts and dates.
Procurement history serves two due diligence purposes: (1) it provides independent evidence of the company's operating history and scale; (2) it reveals relationships with government entities that may be relevant for anti-corruption compliance. See /statistics for the database scope and the full partner verification guide.
Basic checks across NAPR, enreg.reestri.gov.ge, and procurement.gov.ge take 30–60 minutes per company for a trained analyst. Using GE360 to aggregate all sources into one dossier reduces this to 10–15 minutes. Complex UBO tracing or enhanced due diligence takes longer.
No. All 10 checks can be performed remotely using online portals. Official registry extracts can be ordered online from NAPR. GE360 is fully web-based. Physical visits may add value for very large transactions but are not required for initial screening.
Most data sources are free: napr.gov.ge search is free; enreg.reestri.gov.ge is free; procurement.gov.ge is free. Official NAPR extracts cost a small fee (varies by type). GE360 offers a free tier and paid plans for professional users. Legal or advisory fees depend on the complexity.
GE360 covers Georgian official sources (NAPR, enforcement, procurement, real estate). It does not cover: international sanctions lists, foreign company registries, financial statements beyond what is publicly filed, or proprietary intelligence. For high-stakes transactions, combine GE360 with sanctions screening and, if needed, a commercial background check service.
The biggest risk is dealing with a company whose UBO chain includes sanctioned individuals or entities obscured through nominee structures. The second biggest risk is active enforcement liens on assets that the company plans to use in your transaction. Both are checkable with Georgian public sources.
Download the NAPR extract, save screenshots of enforcement searches with the date, and note any red flags found with their sources. If using GE360, you can reference the dossier URL. Your documentation should show: which sources you consulted, the date of each check, and the findings and any risk decisions made.