The Sharks

Name

The Sharks

Legal name

Sharks

Website

https://sharks.ge

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Legal and Business Consulting Services

NAICS

Management, Scientific, and Technical Consulting Services (5416), Legal Services (5411)

akta.pro primary industry

Infrastructure & Project Finance Advisory (BPAHADAO)

Keywords

• Legal consulting services
• Business registration
• Accounting services
• Real estate transactions
• Citizenship assistance

Headquarters

HQ city

Tbilisi

HQ country

Georgia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Legal and Consulting Services: Full-service legal and consulting firm offering comprehensive support for business operations in Georgia including company registration, citizenship assistance, real estate transactions, accounting, and strategic planning services.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

The Sharks is a Georgian consulting firm that provides comprehensive legal, accounting, and business support services to local and foreign investors establishing or operating businesses in Georgia. Core offerings include company registration, real estate transaction support, citizenship and residence permit assistance, free industrial zone and virtual zone company setup, remote accounting, court/arbitration representation, agreement drafting, labor law, strategic planning, cash flow modeling, and bank account opening support.

Product overview

The Sharks is a Georgian consulting company offering comprehensive legal and business consulting services to local and foreign investors. The portfolio consists of core consulting services including Business Registration, Real Estate Transactions, Citizenship and Residence Permits, Free Industrial Zone registration, Virtual Zone Company status, Accounting Service, Court/Arbitration Representation, Representation before government bodies, Strategic Planning of Business, Modelling Cash Flows/Budgeting/Finances, Bank Service, Agreement Drafting, and Labor Law/Employment services. The company provides full-scale legal and accounting support, assisting clients with company formation, regulatory compliance, property transactions, immigration matters, and ongoing business operations in Georgia.

Differentiator

Problem solved

Functional benefit

Products and services

• Business Registration Comprehensive legal and consulting service assisting local and foreign investors with company registration, documentation, and regulatory compliance in Georgia, including changes to registered records of existing companies.
• Real Estate Transactions Legal support for real estate transactions including purchasing, selling, renting, leasing, mortgaging, agreement drafting, and representation before the Georgian real estate registry.
• Citizenship and Residence Permits Assistance with Georgian citizenship acquisition and residence permit processes, including consultations, process organization, and document collection support.
• Free Industrial Zone Support for business registration in Georgia's free industrial zones, including full documentation and negotiation assistance.
• Virtual Zone Company Assistance with obtaining virtual zone status for IT companies in Georgia, including documentation, application submission, and negotiations with authorities.
• Accounting Service Remote accounting services including documentation processing, recording in accounting software, tax and pension declarations, and audit representation.
• Court / Arbitration Proceeding Legal representation in Georgian courts and arbitrations, including claim preparation, defense strategy, and oral hearing representation.
• Representation Client representation before notary offices, Public Service Hall, Tax Department, municipalities, and other government or private organizations in Georgia.
• Strategic Planning of Business Development of long-term business strategies based on appropriate analysis to enable competitive operation and steady business development.
• Modelling Cash Flows, Budgeting and Finances Financial modeling of cash flows, budgeting, and finances with qualified financial officer consultations.
• Bank Service Full support in bank account opening, including bank selection, documentation preparation, and account management within specified volumes.
• Agreement Drafting Drafting of qualified agreements, contracts, letters, and statements focused on specific client needs and business activity specifics.
• Labor Law / Employment Legal regulation of labor relations ensuring protection of employer and employee rights, including employment agreements and company policy drafting.

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves4 records

Expansion highlights4 records

Broad incumbents

• BDO Georgia: BDO operates a member firm in Georgia, providing audit, tax, and advisory services to local and international clients. Comparable to The Sharks in delivering accounting, tax, and business advisory services in Georgia.
• DLA Piper (Tbilisi): DLA Piper operates a Tbilisi office as part of its global legal network, providing corporate, finance, and regulatory legal services. Comparable to The Sharks in advising foreign investors on business establishment, transactions, and regulatory matters in Georgia.
• Deloitte Georgia: Deloitte operates a Tbilisi office as part of its global Big 4 network, providing audit, tax, consulting, and financial advisory services. Comparable to The Sharks in offering business setup, tax compliance, and advisory services to foreign investors establishing operations in Georgia.
• PwC Georgia: PwC operates a Tbilisi office as part of its global Big 4 network, offering assurance, tax, legal, and consulting services. Comparable to The Sharks as a multi-disciplinary professional services firm serving businesses and foreign investors in Georgia.
• Baker McKenzie (Tbilisi): Baker McKenzie operates a Tbilisi office as part of its global legal network, providing corporate, transactional, and regulatory legal services. Comparable to The Sharks in advising foreign clients on Georgian legal matters including company formation and regulatory compliance.
• KPMG Georgia: KPMG operates a Tbilisi office as part of its global Big 4 network, providing audit, tax, and advisory services. Comparable to The Sharks in serving foreign investors and local businesses requiring professional services support in Georgia.
• RSM Georgia: RSM operates a member firm in Georgia, providing audit, tax, and consulting services to mid-market businesses. Comparable to The Sharks in offering accounting, tax, and business advisory services to foreign investors and local businesses in Georgia.
• EY Georgia: EY operates a Tbilisi office as part of its global Big 4 network, offering assurance, tax, legal, and advisory services to multinational and local clients. Comparable to The Sharks as a full-service professional services firm serving foreign investors and businesses operating in Georgia.
• Grant Thornton Georgia: Grant Thornton operates a member firm in Georgia, providing audit, tax, and advisory services to mid-market and international clients. Comparable to The Sharks in offering accounting, tax compliance, and business advisory services in the Georgian market.
• Dentons (Tbilisi): Dentons operates a Tbilisi office as part of the world's largest global law firm, offering full-service legal advice across multiple practice areas. Comparable to The Sharks in serving foreign investors requiring legal counsel for Georgian business establishment and operations.

Market position

Strengths1 record

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Sharks