Governance Policy Development

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A robust corporate governance framework is the bedrock of any successful and sustainable enterprise, providing the structure for effective management and accountability. In Georgia's dynamic business environment, establishing a clear and compliant governance model is not merely a legal formality; it is a strategic imperative that builds investor confidence, minimizes the likelihood of internal disputes, and ensures long-term shareholder value. Our firm specializes in architecting these foundational structures, meticulously aligning them with the Georgian Law on Entrepreneurs and prevailing international best practices. We guide our clients through the complexities of establishing sound governance, ensuring your operations are transparent, ethical, and legally fortified from the outset.

Our legal counsel extends to all core components of your company's architecture, starting with the selection of the optimal governance structure. We provide expert advice on defining the board structure, including the clear delineation of roles and responsibilities between the Supervisory Board and the Board of Directors—a critical distinction under Georgian corporate law for internal control and strategic oversight. We work closely with founders, executives, and shareholders to develop and implement comprehensive corporate governance policies. This includes decision-making mechanisms, directors' fiduciary duties, and crucial protocols for managing conflicts of interest, thereby reducing the emergence of legal risks.

The cornerstone of this service is the drafting of bespoke corporate charters (bylaws) and internal governance regulations. These documents are not just fully compliant with legislation but are also tailored to your specific business model, industry, and strategic goals. Our approach ensures that your company's governing documentation is not merely a formal document but a functional tool that regulates partner relations, protects minority shareholder rights, and creates a predictable environment for business growth. Our team also helps prepare your company to meet the regulatory requirements mandatory for public interest entities and companies trading on the stock exchange.

Ultimately, our objective is to create a governance framework that empowers your leadership to make strategic decisions with clarity and authority. By proactively defining the rules of engagement for directors, officers, and shareholders, we help prevent internal disputes, ensure full compliance with Georgian legislation, and create an agile yet stable organization. This structured approach makes your company more attractive to potential investors and partners, positioning your business not only for legal compliance but for sustained growth and success in the Georgian market and beyond.

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