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, in 2025
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 …
Accounting Services in Georgia
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 bank account in Turkey in 2025
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, …
Open an LLP in Kazakhstan online Remotely
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 — …
VAT in Kazakhstan in 2025
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 …
Opening a Bank Account for a Foreign LLC in Kazakhstan
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 …
Opening bank account in Kazakhstan remotely
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 …
Remote LLC Registration in Kazakhstan
One of the most popular services offered by MyReloc is the remote registration of an LLC in Kazakhstan (Limited Liability Company), along with opening a business account in one of the country’s top banks. The ability to remotely register an LLC in Kazakhstan allows you …
Residence Permit (Ikamet) in Turkey Turnkey in 2025
A residence permit (Ikamet) in Turkey remains in high demand among citizens of Russia, Belarus, Kazakhstan, and other foreign nationals seeking to legally reside in the country. Turkey continues to attract foreigners due to its geographic location, cultural diversity, mild climate, and affordable cost of …