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Opening an Individual Entrepreneur (IE) in Georgia offers foreigners a number of significant advantages. With its liberal economic policies and favorable business climate, Georgia is becoming an increasingly attractive place to do business. However, there are also hidden risks for Individual Entrepreneur to be aware …
Obtaining a residence permit in Armenia by registering a business as an individual entrepreneur or LLC is one of the most popular legalization methods for foreigners, especially freelancers. Armenia offers residence permits on various grounds, including ethnic origin, employment, and entrepreneurial activity. Foreign citizens can …
Georgia has joined the Common Reporting Standard (CRS) system for the automatic exchange of financial information. This requires banks and financial institutions to report non-resident account data to their countries of residence. To avoid double taxation, it is necessary to obtain a Tax Residency Certificate …
How to register as an individual entrepreneur (IE) in Georgia, Including Remotely in 2025 The most popular way for foreign citizens to legalize their business or work in Georgia is by registering as an individual entrepreneur (IE) or Sole Proprietorship. Advantages of doing business in …
Georgia attracts entrepreneurs from all over the world thanks to its simplified tax system, favorable business environment, and relatively low cost of accounting services. Accounting services in Georgia are an essential part of doing business for those looking to manage their finances efficiently, comply with …
Opening a bank account in Turkey is a crucial step for comfortable living and conducting business in the country. This article outlines the process of opening an account in three major Turkish banks—DenizBank, Ziraat Bank, and VakıfBank—and provides up-to-date information on deposits, account opening fees, …
Opening an IE in Kazakhstan requires residency in the country, supported by a residence permit. This requirement is similar to those in Belarus, where residency is also mandatory for IE registration. However, in countries like Kyrgyzstan, Armenia, and Georgia, these restrictions do not apply — …
Kazakhstan has a standard VAT rate of 12%. The amount of tax, the procedure for its calculation, and exemptions are all regulated by the Tax Code of the Republic. The essence of VAT is that it is added to the cost of a product and …
Kazakhstan offers the opportunity for foreign companies to open corporate bank accounts in local financial institutions. What makes this option particularly attractive is that a foreign business is not required to visit Kazakhstan in person, collect documents, or visit financial organizations to open a corporate …
MyReloc has a fully streamlined process for opening bank account in Kazakhstan remotely for Internatonal citizens in banks around the world and will take care of all the hassle involved in setting up your bank account and receiving your card. Opening a bank account in …