The importance of legal forms of business for the formation of business environment in Georgia

Abstract

The article is devoted to the analysis of the effects of organizational and legal forms of business entities on the development of entrepreneurship in Georgia. Based on the analysis of the dynamics of company registration during ten years, companies characterized by rapid changes of registration during this period were revealed, and also the factors affecting the process of selection of organizational and legal forms were discussed. Based the results of the study, it can be concluded that encouraging to increase or decrease the number business entities is an indirect tool to achieve the goals of economic policy of the country, depending on which areas of the economy are to be strengthened.