Opening a Bank Account for LLC in Georgia
Georgia Assistant offers assistance in opening accounts for legal entities in Georgian banks
1500$
within 5 days
Opening a company account in Georgia with Georgia Assistant
If you want to open a bank account for a company in Georgia, we are ready to help you at every stage of this process. Our company specializes in providing comprehensive support in opening accounts for legal entities, which allows you to easily take advantage of the Georgian banking system and work with counterparties around the world.
The price includes:
assistance with opening an account for individual entrepreneurs at Bank of Georgia or TBC, providing the necessary recommendations from counterparties for opening, filling out questionnaires, support in the bank.
Required documents:
passport, Georgian phone number, email, statutory documents, power of attorney or personal presence
Why is it worth opening an LLC account in Georgia?
- 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.
- Simplified Registration Procedures: Business registration and account opening in Georgia take minimal time due to simplified procedures and the absence of unnecessary bureaucracy.
- 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.
- 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.
Our 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.
- Document preparation: We will take care of all the paperwork, including preparing the necessary documents and submitting them to the bank.
- Account opening support: Our specialists will accompany you at every stage of the account opening process for your LLC, ensuring its successful completion.
- After-sales support: We offer further support services, including assistance in account management and financial advice.
Step-by-step process of opening a company account in a Georgian bank
Choosing a bank
Assistance in choosing the most suitable bank and account currencies.
Preparation of documents
Collection and preparation of necessary documents and recommendations for opening an account.
Submitting an application
Submitting an application to open an account at the selected bank.
Gaining access
Opening an account is completed by receiving all necessary accesses and instructions.
Using the account
You can start using your new account and work with counterparties all over the world.
Georgia Assistant is your reliable partner in opening bank accounts and conducting financial transactions in Georgia. We will help you realize your financial goals with minimal effort and maximum efficiency.
Why us?
5000+
clients per year
10+
years of experience
5+
all reviews
FAQ
Indeed, it is almost impossible for a company to open an account in a Georgian bank. This is due to the threat of secondary sanctions for Georgian banks, the risks of circumventing sanctions and money laundering.
But with our help, everything is possible.
We will provide the bank with all the documents necessary for opening an account, valid contracts and recommendations from Georgian counterparties.
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.
Recently, when opening an account for an LLC 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.
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 company, which is convenient for conducting international transactions.
Limits may vary depending on the bank and account type. Most banks support international payments and transactions in different currencies.
Internet banking services, corporate cards, salary projects and multi-currency accounts are usually available.
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