Georgia, known for its open approach to foreign investment and business, offers convenient banking services for both residents and non-residents. While opening a bank account in Georgia remotely can present certain challenges, closing a bank account in Georgia remotely is possible by contacting the appropriate …
Temporary Registration in Kyrgyzstan in 2025
What is Temporary Registration? According to Kyrgyz law, foreigners must register in the country (temporary registration), commonly known as “obtaining residency,” within 5 working days after crossing the border. However, citizens of 92 countries are exempt from this requirement for a specified period, which can …
Opening a Company in Kyrgyzstan Remotely
Kyrgyzstan has become a popular jurisdiction for foreigners to register companies and branches. It is possible to open a company in Kyrgyzstan remotely. Key reasons for choosing Kyrgyzstan include: *The most interesting aspect of taxation in Kyrgyzstan is the simplified tax system, which allows businesses …
Accounting Services in Kyrgyzstan (Bishkek)
Accounting services are one of the most crucial aspects of any business, regardless of its scale. In Kyrgyzstan, as in any other country, proper and timely bookkeeping plays a key role in ensuring the successful operation of companies. Proper financial management, tax compliance, and expense …
Closing an IE Individual Entrepreneur or sole proprietorship in Georgia Remotely
Opening an Individual Entrepreneur (IE) in Georgia is one of the popular ways to run a business for both residents and non-residents due to its simplicity, low taxes, and flexible work options. However, situations may arise when an IE decides to close their business, and …
VAT in Kyrgyzstan in 2025
According to the current Tax Code of Kyrgyzstan, VAT is a national tax, meaning it is applied and paid under the same rules across the entire Republic. The main provisions regarding VAT are outlined in Section 9 of the Tax Code. Overview The Value-Added Tax …
How to Get a Tax Identification Number (TIN) in Georgia (country) in 2025?
If you plan to conduct activities or own property, obtaining a TIN in Georgia, (Tax Identification Number) is mandatory. This unique code is used for identification within the country’s tax system. In this guide, you will learn what a TIN is, who needs to obtain …
Activity Codes for Individual Entrepreneurs (sole proprietorships) in Georgia
Activity codes for individual entrepreneurs (IE) aka sole proprietorships in Georgia serve as an indicator of whether the preferential tax regime can be applied, or if it’s better to consider another country with lower tax rates for your business activities. Georgia offers one of the …
How to Obtain a PIN in Kyrgyzstan in 2025?
Foreign citizens who want to establish long-term ties with Kyrgyzstan must obtain a local Personal Identification Number (PIN), the equivalent of the Taxpayer Identification Number (TIN). Without it, you cannot get a job, register a business, pay taxes (for both individuals and organizations), enroll children …
Register Sole Proprietorship or LLC in Georgia remotely
Many foreigners often search online for “how to open an Sole Proprietorship or LLC in Georgia.” Why? This beautiful country is not only known for its hospitality and delightful cuisine but also for its favorable business climate and its prestigious 7th place ranking in the …