Mandatory Financial Reporting
Financial Reporting Has Deadlines. Missing Them Has Penalties.
Financial reporting in Georgia has hard deadlines, and missing them gets expensive quickly.
- Financial statements are due by October 1st every year
- Fines depend on your company's category, from GEL 500 to GEL 5,000
- Miss the deadline and you get 1 to 6 months of extension; miss that too, and the penalty doubles
What You Get
- Annual financial statement preparation
- Submission to Georgia's Government System (saras.gov.ge)
- Entity category determination for your business
- Audit coordination (if required for your business size)
- IFRS-aligned reporting for companies that require it
- Timely submission well ahead of the October 1st deadline
Who This Is For
- All registered LLCs and joint-stock companies in Georgia
- Companies subject to mandatory audit under Georgian law
- International companies needing Georgian financials aligned with group reporting standards
- Businesses preparing for investment, acquisition, or bank financing
Oct 1
4th Category
500 GEL
3rd Category
1,000 GEL
2nd Category
5,000 GEL
Miss the extended deadline and the penalty doubles.
What to Expect
We start with an initial consultation to understand your business. We determine your entity category, provide a clear service offer and agreement, then prepare and submit your reports well ahead of deadlines. You receive draft statements for review, we handle any auditor coordination, and we submit everything on time. No last-minute scrambles. No penalties.
Annual Financial Reporting
From 450 GEL
Best for: All entities required to submit annual statements to SARAS
What is included:
- Preparation of annual financial statements
- Submission to saras.gov.ge before the deadline
- Company category determination
- IFRS-aligned reporting
- Audit coordination when required
The exact fee depends on your company category and the volume of transactions.
Ongoing accounting clients get 10% off all our other services.
What Our Clients Say
4.8 rating from 8 reviews on Google“I've been using EFS as my Georgian accountants for over a year now and I've never had any issue. Always punctual and Nina is super friendly.”
Matt Leppington
“This group is a huge help when it comes to mastering the bureaucratic challenges. Definitely recommending them!!”
Anton Huestegge
“Great professional. Nina is always available for reply my dubts. His service is 10\10. Work with she, best decission if u are expat or dont know the laws of Georgia. She give you step by step. And, aditional, his service are not expensive. Thanks, Nina!!!”
Usuario
Ready to Stop Worrying About Your Numbers?
Schedule a free call. Tell us what you need. We will tell you what it costs.
Prefer email? Reach us at info@efsgroup.ge. We respond within hours.