To start a foreign business, you must open a bank account for a company. Opening a corporate account with a Georgian bank is a good solution for entrepreneurs, who are interested in registering a Georgian enterprise.
Georgia’s attractiveness for business has increased in the past few years thanks to government reforms. A tax system has been changed, a corruption has been eliminated. As a result, today more and more investors are paying attention to Georgia as a place, where they can place a capital.
It is very difficult to open an account in Georgia on your own, as you need to know different nuances. Therefore, in order to be guaranteed to receive such an effective financial instrument for conducting cross-border business, be sure to enlist a legal support of experienced specialists.
Georgia is an independent state, that is today reaching a global financial level. A banking sector of this jurisdiction is stable and one of a significant factor in the development of the economy.
Georgian banks are also interested and positive about international investments, and introduce innovative banking products.
Georgia does not exchange a tax information with other countries
To open an account with a bank of Georgia for a corporate client, contact our lawyers for help. Qualified experts of our company will assist in preparing a package of documents for opening an account and provide it to representatives of a Georgian bank.
The Georgian government is taking steps to implement the AML/CTF policy. Therefore, company representatives may be asked for additional confirmation, regarding a transparency of their activities
Our specialists will inform you about two most developed banks, where you can open a corporate account in Georgia.
Among the entire list of functioning banking institutions of this jurisdiction, Bank of Georgia is one of the leading banks.
Bank of Georgia shares are listed on the London Stock Exchange
It takes 3 weeks to register an account. A cost of opening a corporate account with Bank of Georgia with our helpis €780
We inform our clients: you can open an account with Bank of Georgia remotely (by proxy), a cost of account opening, when accompanied by our employees is€400
Please note: it is also possible to open an account for a tax-free company with Bank of Georgia.
This financial institution has been operating in the Georgian market for more than 17 years. It is possible to open an account with corporate clients with TeraBank.
it seems possible to open an account for a tax-free company with TeraBank
A corporate account opening with TeraBank takes from 3 weeks
A cost of account opening, accompanied by our experts is€780
We emphasize your attention: it is possible to open an account with TeraBank without a personal visit (by proxy). A cost of account opening remotely, accompanied by our experts, is€400
If you plan to start a business in Georgia, but do not know, which bank of Georgia to apply to, contact IQD Consulting staff in any convenient way. We provide legal support in opening an account with banks in Georgia, as well as legal assistance in preparing the necessary documents for opening an account.