- Opening bank accounts
- AML consulting
- Business support
- Сompanies for sale
One of the key features of banking policy is the fact that Georgia has not become a party to the common data exchange standard, namely CRS. This global standard allows tax authorities and other regulatory agencies to receive comprehensive information about the taxes and financial activities of an organisation or sole proprietors. In other words, Georgian banks do not exchange information under the CRS protocol. These factors combined with several advantages of opening a bank account make the investment climate in this country even more attractive.
Other advantages of opening a bank account in this country are:
Our specialists are experienced in terms of the legal framework in the financial sector of the country as well as all the regulatory changes. Our specialists are ready to help you quickly prepare the documents required to open an account in the chosen bank and provide you with effective assistance in handling the matter immediately.
The standard set of documents includes director, company owners and other attorneys-in-fact ID cards as well as the original statutes (apostilled).
The verification process by a bank institution and direct opening of an account usually takes 14 days or more. It depends on the requirements of the chosen bank.
Please contact us if you ever need to open an account in Georgia. Our specialists have extensive experience in working with local banks and are ready to help in choosing the proper bank for your business as well as assist in preparing the necessary documents.