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 …
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 …
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 …
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 …
Liquidating a Sole Proprietorship (SP) in Georgia — Closure
The procedure for liquidating a Sole Proprietorship in Georgia is relatively simple and consists of just three steps: Overall, the process can be completed within 2-3 business days. 1. Visiting the Tax Office Once a decision to close the liquidating a Sole Proprietorship is made, …
Opening a Bank Account at TBC Bank Georgia + Reviews
How to Open an Account at TBC Bank? TBC Bank generally issues Russian citizens a card in the local currency (GEL) with usage limited to Georgian territory and restricted for online transactions. Required Documents: Tariff Plan: Reviews About TBC Bank After a month without any …
Marriage Registration in Georgia in 2025
Marriage registration in Georgia is becoming increasingly popular among foreign couples due to the simplicity of the procedure, quick processing times, and picturesque locations for ceremonies. This article provides a detailed overview of the marriage registration process in Georgia, including required documents, regulations, costs, fees, …
Opening a Bank Account in Georgia Remotely in 2025
Opening a Bank Account in Georgia This guide provides a list of required documents and some nuances faced by Russian citizens when applying for a bank account in popular Georgian banks in 2024. To open a bank account in Georgia, you should have the following …
Opening an Account at Bank of Georgia (BoG) – Reviews and Process
Bank of Georgia (BoG) is a popular choice among individual interpreneur due to its extensive branch and ATM network and its good value for money services. It is especially favored by those needing SWIFT transfers. Key Features of Bank of Georgia BoG offers multi-currency VISA …