Dividend distribution regulation under New Law on Entrepreneurs!

Webinar series by KPMG Law Georgia, Session 2

Webinar series by KPMG Law Georgia, Session 2


Date & time: Monday, 3 July, 2023 from 4:00 PM till 6 PM 
Language: Georgian
Length: 120 minutes


In-depth analysis of practical matters and other key provisions outlined in the new law on entrepreneurs. The meeting will cover crucial aspects resulting from the new law, including:

  • Dividend distribution procedure: requirement of financial reports, management proposal and solvency statement
  • Dividend distribution prohibitions: balance test and liquidity tests for LLCs and JSCs
  • Legal consequences for breaching new regulations: liability of shareholders and directors


Jaba Gvelebiani

informative image