As a result of the ongoing reform in Georgia in recent years, enterprises were divided into 4 categories according to size. Some enterprises are separated which are represented by persons of public interest (PPI). These enterprises have different obligations depending on their size.
These obligations include preparing financial statements and auditing reports.
The first and the second category enterprises are obliged to prepare financial statements and audit them. Then submit the audited report by October 1 of the following year.
The third and the fourth category enterprises are obliged to prepare only reports. Until 2021, the fourth category of enterprises was exempted from this obligation, however, by 2021, these enterprises are also required to prepare and submit (2020) financial statements.
Reporting must be submitted https://reportal.ge/.
One of the services of our company is the preparation of financial statements or consulting for the preparation of reports.