Companies with an account in a Georgian bank gain access to the necessary working tools – internet banking, acquiring, business cards. One of the key features of Georgia's banking policy is that the state is not a participant in the global automatic information exchange system CRS, which provides regulatory authorities with full tax details of a particular entity upon request. This offers entrepreneurs and businessmen an additional opportunity to protect their assets. These factors together make the investment climate in Georgia even more attractive.

Non-residents of the country can open an account in a Georgian bank remotely in an expedited manner. First and foremost, you need to decide in which bank you want to open a current account.

Liberty Bank, BasisBank, ‎Cartu Bank, ProCredit Bank, Silk Road Bank, Ziraat Bank, Isbank Georgia, Terabank, Halyk Bank Georgia, Pasha Bank Georgia have approximately equal conditions for opening accounts for non-residents and practically do not differ from the main ones.

All banks in Georgia pay attention to the activities of non-residents due to supervision by the National Bank. Suspicious operations are subject to additional scrutiny.

Preparation of documents

If you decide to open an account for your company and are not a resident of Georgia, then you will need to provide:

• a foreign passport;
• a Georgian SIM card;
• bank statements for six months (at least for 3 months to show turnover);
• documents confirming the origin of the funds;

When opening an account for a legal entity, the following documents will need to be added to the current package:

• Extract from the registry of legal entities of Georgia;
• Information about the ultimate beneficiaries of the company;
• Other documents upon individual request by the bank (for example, an office lease agreement, etc.).

Even if you are in another country, it will be quite easy for you to manage the finances of your Georgian company and withdraw cash. Don’t forget about the need for reporting and submitting declarations, with which we can help you.

Our company will help you decide on the choice of a bank and a current account for personal and commercial use. Contact us, and we will prepare the best offer for you within a few hours.