How do I close an individual entrepreneur registration in Georgia?

Checked on 2026-10-25

An individual entrepreneur in Georgia closes by applying to the National Agency of Public Registry to revoke the registration. The agency lists the fee as GEL 26 for 1 working day, or GEL 75 same-day. Under the Tax Code, you then file a return of gross income and deductions within 30 business days of ending economic activity in Georgia.

Key facts

What	The law says	Source
How to close	Your own application to the registration authority	Law on Entrepreneurs, art. 91(1)(a)
Other grounds	Death, a court declaring you deceased or missing, or recognition as a beneficiary of support	Law on Entrepreneurs, art. 91(1)(b)
Fee	GEL 26 for 1 working day; GEL 75 on the day you file (the agency lists termination under the individual entrepreneur registration fee)	NAPR Fees and Terms, “Registration of an individual entrepreneur and registration of changes … (including … termination thereof)”
Debts	You, as a natural person, are the successor of the individual entrepreneur	Law on Entrepreneurs, art. 91(3)
Power of attorney	A general commercial power of attorney ends	Law on Entrepreneurs, art. 91(2)
Final tax return	A return of gross income and deductions within 30 business days after ending economic activity in Georgia	Tax Code, art. 153(2)
After that	No further returns until you resume economic activity	Tax Code, art. 153(2)
Small business status	Granted to an entrepreneur natural person; revoked when that requirement isn’t met, from the date the ground arose	Tax Code, arts. 88(1), 89(2)(e), (5)

Closing at the registry

The Law of Georgia on Entrepreneurs lets an individual entrepreneur’s registration be revoked on the person’s own application (art. 91(1)(a)). The other grounds are death, a court declaring the person deceased or missing, or recognition as a beneficiary of support (art. 91(1)(b)); the agency’s FAQ lists the same grounds.

The National Agency of Public Registry’s fees page puts termination under the same line as registration of an individual entrepreneur: GEL 26 with a 1-working-day term, or GEL 75 on the day you file. The page doesn’t state a year; the amounts are as published when checked on 25 October 2026.

What happens to your obligations

An individual entrepreneur is not a separate legal person; you are personally liable with all your assets for business debts unless a creditor agreed otherwise (art. 2(5)). After revocation, you as the natural person are the successor in title (art. 91(3)). A general commercial power of attorney, if you gave one, ends (art. 91(2)).

Tax steps

The Tax Code says an entrepreneur natural person who ends economic activity in Georgia files a return of gross income and deductions within 30 business days. After that, you don’t have to file tax returns until you resume economic activity (art. 153(2)).

If you had small business status: the Code grants it to an entrepreneur natural person (art. 88(1)) and revokes it when that requirement is no longer met, from the date the ground arose (art. 89(2)(e), (5)).

Sources

Change history

2026-10-25: Page created

This is general information, not legal advice, and Lumen is not a law firm. Rules change and offices differ: check the official sources above before you act. Found something wrong or out of date? Write to support@lumen.observer.