Company profit does not automatically create a dividend claim. This article explains when a partner acquires the right to claim dividends, how dividend decisions work, and what legal issues may arise between partners.
An unlawful transaction is one of the most important concepts in civil law. Through this mechanism, the law restricts agreements that violate statutory prohibitions, public order or standards of morality.
In practice, parties may formally enter into a contract, perform it for years and only later discover that the agreement may not produce the legal effect they intended. Article 54 of the Civil Code of Georgia addresses such situations and provides that a transaction that violates law, public order or morality is void.
Unlawful Transaction in Georgia – When a Contract Does Not Produce Legal Effects Read More »
Legal overview of residence permits in Georgia, including work, study, family, property, investment, permanent and other residence categories, application requirements and deadlines.
Residence Permit in Georgia – Types, Requirements and Application Process Read More »
A distribution agreement is one of the most important commercial instruments for businesses. A well-structured distribution system enables a company to efficiently deliver products to the market, strengthen its brand, and increase sales.
Distribution Agreement and Antitrust Risks – What Businesses Should Know Read More »
Learn how a foreign spouse of a Georgian citizen can obtain a residence permit in Georgia, including documents, marriage verification, deadlines and permanent residence.
Spouse Residence Permit in Georgia – Requirements for the Spouse of a Georgian Citizen Read More »
Learn how Georgia residency by investment works, including the $300,000 investment or property routes, family eligibility, annual turnover and five-year rules.
Residency in Georgia by investment – Requirements and Process Read More »
Learn the rules for Georgia visa extension, termination and refusal, including D3, D5 and D6 extensions, refusal grounds and the 10-day appeal deadline.
Georgia Visa Extension, Termination and Refusal – Grounds and Procedure Read More »
TB Legal assisted a client with registration as an individual entrepreneur in Georgia. The engagement included assessment of the selected legal form, preparation of registration documentation and successful completion of the Public Registry procedure.
Successful Individual Entrepreneur Registration in Georgia with Legal Support Read More »
Company share acquisition is one of the most common and important transactions in modern business. An investor may acquire shares in a new business, an existing partner may increase participation in a company, or one company may acquire control over another company.
However, such transactions often raise an important question: when does the acquisition of company shares fall under the merger control regime, and when is prior approval from the Georgian Competition and Consumer Agency required?
A practical guide to court motions in Georgia, covering their form, timing, evidentiary requests, witness and expert motions, interim measures and appeal issues.
Court Motions in Georgia – Types, Form and Filing Procedure Read More »