Obtaining a Cryptocurrency License in Georgia (FIZ Kutaisi)

Cryptocurrency broker license in Georgia. Trust management and token issuance.

Over the past few decades, Georgia's economy has developed significantly, the jurisdiction has become popular and respectable. It is actual to open a cryptocurrency business in the country, to obtain a license for financial activity.

The Free Industrial Zone in Kutaisi has a favorable legal regime for cryptocurrency activities. The rules are applied in the territory, which are favorable to the development in this sphere. The taxation regime is the most favorable compared to other territories. Opening a cryptocurrency company allows legal entities to take advantage of liberal banking and electronic funds processing laws around the world.

Banks in the country actively support their clients and offer account opening on favorable terms. There is an opportunity to open not only a cryptocurrency account, but also a multi-currency account. It is possible to use convenient online banking remotely. It is possible to engage in the cryptocurrency business legally after obtaining a license in Georgia - this document allows you to prove the professionalism of the company and increases its competitiveness.

Opening a company in FIZ Kutaisi ensures confidentiality. Information about foreign firms is not disclosed. This difference makes FIZ an attractive territory for the development of cryptocurrency business.

The main advantages are:

• Fast company registration and license obtaining.
• Simple and low taxation, only on dividends - 15%.
• No minimum authorized capital.
• Company registered in the FIZ Kutaisi is exempt from income tax, VAT, property tax.
• No requirement to have a local Director and office.
• No accounting requirements.

Please find our proposals below:

1. License for Trust management of funds of 3 persons for the purpose of investing them in cryptocurrencies

The price includes:

• Company registration.
• Getting a license.
• Paying the state fees.
• Registration agent fee.

Timeframe: 5-10 business days

2. License for own token issuance for sale

Price includes:

• Company registration.
• Getting a license.
• Payment of state fees.
• Registration agent fee.

Timeframe: 5-10 working days