Opening a Bank Account for LLC in Georgia
Georgia Solutions offers assistance in opening accounts for legal entities at Georgian banks.
Opening a company account in Georgia with
Georgia Solutions
If you're looking to open a bank account for your company in Georgia, we are here to guide you through every step of the process. Our company specializes in offering comprehensive support for opening accounts for legal entities, helping you seamlessly navigate the Georgian banking system and engage with partners worldwide.
The price includes:
Assistance with opening an account for individual entrepreneurs at Bank , providing the necessary recommendations from counterparties for account opening, completing questionnaires, and offering support throughout the banking process.
Required documents:
passport, Georgian phone number, email, statutory documents, power of attorney or personal presence
€1500
Assistance with opening account, providing
Why is it worth opening an LLC account in Georgia?
Georgia is an ideal place to do business due to its favorable tax climate, minimal bureaucracy, and strategic location. Opening an LLC account in Georgia offers numerous benefits, allowing you to take advantage of these advantages and conduct business internationally with minimal costs and maximum efficiency. Some of the key benefits include:
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Low Tax Rates: Georgia offers some of the lowest tax rates in the region, allowing you to keep more of your profits and invest in the development of your business.
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Simplified Registration Procedures: Business registration and account opening in Georgia take minimal time due to simplified procedures and the absence of unnecessary bureaucracy.
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Convenient International Transactions: Georgian banks offer convenient and secure conditions for conducting international transactions, which is especially important for companies operating in the global market.
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Currency Freedom: Georgia does not have strict currency controls, which allows you to freely manage your funds in various currencies and make international transfers without restrictions.
LLC Account Opening Services
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Consultation and planning: Our experts will help you choose the bank and account currencies that best suit your needs.
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Document preparation: We will take care of all the paperwork, including preparing the necessary documents and submitting them to the bank.
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Account opening support: Our specialists will accompany you at every stage of the account opening process for your LLC, ensuring its successful completion.
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After-sales support: We offer further support services, including assistance in account management and financial advice.
Georgia Solutions offers a full range of services for the successful opening of a business account for a legal entity in Georgia:
Step-by-step process of opening a company account in a Georgian bank
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Choosing a bank
Preparation of documents
Submitting an application
Gaining access
Using the account
Assistance in choosing the most suitable bank and account currencies.
Collection and preparation of necessary documents and recommendations for opening an account.
Submitting an application to open an account at the selected bank.
Opening an account is completed by receiving all necessary accesses and instructions.
You can start using your new account and work with counterparties all over the world.
Typically, the company’s incorporation documents, passports of all owners and directors, and proof of address are required. Additionally, a tax number and power of attorney may be requested.
Usually, opening a business account takes from 3 to 7 business days, depending on the bank and the completeness of the documents provided.
Also, most often, to open an LLC account, the CEO must have a personal account of an individual in this bank, opening an account of an individual also takes time.
Yes
Most Georgian banks offer accounts in different currencies, including GEL, USD and EUR. This allows for convenient international payments.
Another great advantage is the fact that there are no currency controls in Georgia and, in 99% of cases, you will not need to report on incoming payments from abroad.
Yes, Georgian banks allow opening multiple accounts in different currencies for one individual entrepreneur, which is convenient for conducting international transactions.
Yes, Georgian banks allow opening multiple accounts in different currencies for one company, which is convenient for conducting international transactions.
No, international transactions are allowed, anyway there is faculty for the bank to ask infos in order to comply with its due diligence duties
Internet banking services, corporate cards, salary projects and multi-currency accounts are usually available.
FAQ :
Recently, when opening a business account by proxy, there are many restrictions associated with the lack of identity verification.
At the moment, by proxy, banks open accounts in one currency, do not provide access to the personal account without personal presence or simply refuse.
In this regard, we recommend opening accounts with personal presence in Georgia.