You will receive a Free Zone license plus a business license that clearly reflects the purpose of your business activity.
Your financial activities are clearly permitted under the license given. Work legally correct alongside companies that are subject to harsh regulations and enjoy a real competitive advantage.
Enjoy The Benefits Of A
Georgian Free Trade Zone Company.
Collective Investment Scheme Activities*
Crypto Wallet Services*
Import / Export
*marked: Activities to be offered for citizens outside the Republic of Georgia and within the Free Zones.
100% tax free
Benefiting from their establishment in a free trade zone, all companies receive a permanent 100% tax exemption immediately upon establishment.
Thus, you can also pay business expenses directly from the company's accounts, meet rental obligations or settle other bills.
Funds that remain in the Free Zone Company account remain tax free.
Your Free Zone Company is set up within 48 hours after the required original documents are received by our law firm in Georgia.
Further only 12 - 24 days in days will be needed to finalize the account opening as well as the granting of the operating licenses.
The complete set of documents incl. Bank VISA Card, account receipts and Digipass will then be sent to you by courier DHL Express or UPS.
The Free Zone License For Financial Providers & IT / Crypto Companies
The Free Zone License for Financial and IT & Crypto Businesses
The financial license from the Kutaisi Free Trade Zone of Georgia allows for the provision of global financial services and banking-related services within the Free Trade Zone.
The Free Zones can be considered as a state in the state, which in addition to a special entrepreneurial freedom of movement, a complete tax exemption, far-reaching facilitation in the transfer of international funds and an outstanding infrastructure score points.
Unlike in the free trade areas in Labuan, Ras Al Khaimah, or Port Klang or Hong Kong, BL Corporate Services Ltd can guarantee the necessary account openings at fully regulated Georgian banks - without having to travel personally (incl Currency in EUR, USD, GBP and GEL, VISA Card).
The exemption from any kind of corporate taxes comes with an exemption from auditing and accounting obligations.
In addition, for the first two years no license fee for all Free Zone companies are to be charged. Thus, Free Zone companies are also extremely budget friendly.
Financial License and Facts:
Free Zone ServicesPack:
Setup and Incorporation Procedure
Free Name Checks with the Registrar of Companies
Due Diligence Checks in-house before the application and company setup launch will take place
Certfified Translations of all your submitted notarized documents from German, Englisch, Spanish, French and Russian into Georgian language
POA Setup (Power of Attorney) to be given to our legal partner in Georgia to arrange company formation, licensing, bank account openings - without travelling to the country
Registry extract in Georgian + English translation
Official Office Address within the Free Trade Zone Kutaisi (first years costs already included)
Opening of multi currency bank account with dedicated IBAN account number and your company as account holder. Shipping of all documents via safe courier service incl. the Online Banking Details, Debit Cards, Digipass
Operation License within the Free Zone and additional permission to conduct financial services
Required Documents from the client
Notarized Certified True Copy of passport with apostil
Signed POA (erhalten Sie von uns), notarized with apostil
Completed Due Diligence Questionnaire online (link will be provided after your GO and order confirmation)
Company Setup as LLC (Limited Liability Company)
Application launch with Free Zone Management:
Setup of short business plan
Due Diligence Approval by our Georgian legal partners
Activity Description Preparation
Setup of AML Manuals (OECD Standard) to prevent Money Laundering. Setup of own policy.
Setup of simplified Terms and Conditions
Launch of application to receive the Free Zones Certificates and the business license
Preparation of legal confirmation about the business activities
Additional Services (optional)
Nominee Directors and Shareholders
Setup of merchant account with SEPA Payment Provider, to gain SEPA access
Introduction to software developers for CRM and account management systems
Introduction to EU regulated FX brokers
Get it now!
Your Free Zone Exposure
In order to receive all information incl. legal background information, time frame and detailed pricing plan, request here for free our exposure. All conditions, information about the free trade zones and our additional services are clearly described. We appreciate your request to get your new licensed Free Trade Zone Company up and running as soon as possible
More Questions? Get in Touch.
+49 30 21783267
+44 141 628 0943
+1 678 701 3666