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Table of contents TL;DR. How to Pass Georgian Bank KYC Without Delays Why the KYC Call Decides Everything What the Initial Client Interview Actually Is Why Georgian Banks Care So Much About the KYC Call The Source of Funds Question. Where Most KYC Calls Fail KYC for Individual Entrepreneurs and Freelancers KYC for LLCs Registered in Georgia Crypto and Web3 Businesses. Where KYC Gets More Serious Why Tax Alignment Makes or Breaks KYC How Banks Structure KYC Questions. What The

Table of contents TL;DR Which Is Better for Your Georgian Individual Entrepreneur (IE)? What an Individual Entrepreneur (IE) Is Under Georgian Law Personal Bank Accounts in Georgia. What They Are Meant For Where Personal Accounts Create Problems for IE Holders Business Bank Accounts for Individual Entrepreneurs. What Changes The Tax Perspective. Why Account Type Matters A Quick Reality Check for Digital Nomads How Banks and Authorities Actually Judge Your Account Choice VAT T

Table of contents TL;DR. How Long Bank Account Opening Really Takes in Georgia Why Bank Account Opening in Georgia Feels “Fast” for Some and Slow for Others What “Opening a Bank Account” Actually Includes for Remote Clients Why Simple Tax Structures Speed Up Banking Where Timelines Stretch the Most Realistic Timelines. What Actually Happens Step by Step Typical Timelines by Client Type Which Banks Are Usually the Fastest Common Reasons Timelines Blow Up How to Shorten the Tim

Table of contents Georgia’s Tax System Is Simpler Than You Think 1. 0% Corporate Tax on Reinvested Profits 2. Small Business Tax Can Be as Low as 1% 3. Not Every Business Need to Pay VAT 4. Tech Companies Can Qualify for Special Tax Regimes 5. Georgia Has Over 57 Double Taxation Treaties That Protect Your Global Income Georgia Is Modernizing Faster Than People Realize Georgia’s Tax System Is Simpler Than You Think Most people hear about Georgia because of its scenery, wine, o

Table of contents Why SOCF Matters More Today Than Ever What SOCF Actually Means Why Georgian Banks Ask for SOCF What SOCF Documents Do Banks and Exchanges Want SOCF Requirements for IEs with 1 Percent Status SOCF for LLCs and Crypto Businesses When SOCF Issues Become a Real Problem How to Prepare Perfect SOCF Documentation How Gegidze Helps You Pass SOCF Requirements Smoothly Frequently asked questions (FAQ) Why SOCF Matters More Today Than Ever If you are active in crypto a

Table of contents Why Georgia’s Virtual Asset Rules Matter More Than Ever How Georgia Legally Defines a Virtual Asset Why Virtual Assets Trigger Licensing in Georgia Why NFTs Are Not Automatically Virtual Assets in Georgia How Georgia Classifies CBDCs. Completely Separate from Virtual Assets Why Georgia Regulates NFTs and CBDCs Differently What This Means for Startups, Web3 Founders, Developers, and Investors NFT Classification Scenarios in Georgia. When an NFT Becomes a Virt

​​ Table of contents Why Foreigners Want Georgian Debit Cards Without Traveling Which Georgian Banks Allow Remote Debit Card Issuance Requirements for Receiving a Georgian Debit Card Remotely Types of Cards You Can Receive Remotely Can Cards Be Delivered Abroad Card Activation and ATM Usage Why Foreigners Use Georgian Debit Cards for Crypto Earnings Why LLCs Use Corporate Cards in Georgia Avoiding Common Mistakes When Requesting a Remote Debit Card How Gegidze Helps You Recei

Table of contents Why Crypto Reporting Matters for Georgian Businesses How Georgia Classifies Crypto Income for IEs and LLCs How IEs Must Report Crypto Payments How LLCs Must Report Crypto Payments How to Submit Declarations in the Revenue Service System SOCF Requirements When Cashing Out Crypto to Georgian Banks Common Mistakes IEs and LLCs Make With Crypto Reporting How Gegidze Helps You Report Crypto Income Correctly Frequently Asked Questions (FAQs) Why Crypto Reporting M

Table of contents TL; DR Remote Crypto Business Setup Why Georgia Is Becoming a Global Banking Hub for Web3 Why Open a Crypto or Web3 Company in Georgia Understanding Georgia’s Banking Landscape for Crypto Companies What You Need Before Opening a Web3 Company via POA Can You Open a Crypto Company in Georgia Fully Remotely? Yes. Step-by-Step: How to Establish a Web3 Company in Georgia via POA Banking Considerations for Crypto and Web3 Companies Tax Options for Web3 Companies i

Table of contents TL;DR Georgian Banks Are Easy But Follow Strict Rules Why Georgian Banks Reject Some Applications Red Flag Category 1: High-Risk Crypto Businesses Red Flag Category 2: Gambling, Betting, and iGaming Red Flag Category 3: Ambiguous Agency, Arbitrage, or Commission Models Red Flag Category 4: Informal, Cash-Heavy, or Unverifiable Revenue Models International Business Models With No Clear Economic Logic How to Strengthen Any High-Risk Application Why Georgian Ba

Table of contents TL;DR Bank Account in Georgia Why Georgia Is Becoming a Global Banking Hub Why Open a Multi-Currency Account in Georgia Understanding Georgia’s Banking Landscape What You Need Before Opening a Multi-Currency Account Can You Open a Bank Account Remotely? Step-by-Step: How to Open a Multi-Currency Account in Georgia Remotely Banking Costs and What You Can Expect Taxes Once Your Account Is Active Why People Choose Georgia Beyond Banking How to Avoid Issues When

A complete guide to tax optimization for crypto mining in Georgia. Learn when mining is taxed at 0 percent in Free Industrial Zones, when LLC mining is taxed at 15 percent, and when small scale IE mining may qualify for 1 percent turnover tax. Includes VAT rules, SOCF, licensing, and banking compliance.

Table of contents Why More Foreigners Are Opening Bank Accounts in Georgia Remotely What a Power of Attorney Actually Does Under Georgian Law Which Banks in Georgia Accept POA-Based Remote Account Opening When You Need a POA for Georgian Banking The Full Legal Requirements for a Valid Georgian POA Document Checklist for a POA for Remote Bank Account Setup POA Requirements for Opening a Bank Account as an Individual Entrepreneur (IE) POA Requirements for Opening a Bank Account

Table of contents Can a Georgian IE Legally Accept Crypto Payments The Legal Position. Crypto Is Allowed, but It Must Be Taxed Correctly When Crypto Payments Qualify for the 1 Percent Turnover Tax How to Declare Crypto Income Correctly as a Georgian IE Tools and Methods for Accepting Crypto Legally Banking Compliance. Cashing Out Crypto as an IE When You Need a VASP License Instead Example. A Freelancer Accepting Crypto Correctly How Gegidze Helps You Accept Crypto Legally Fr

Why Georgia’s VAT Rules Matter for Crypto and Web3 Businesses Most crypto businesses spend far too much time worrying about cross border VAT complications. The rules are confusing in Europe, strict in North America, and rigid in many Asian markets. Yet Georgia offers something very different. If your crypto business works with foreign clients, Georgia applies no VAT globally on your services. This exemption is one of the main reasons Web3 founders, blockchain developers, cryp

Table of contents Banking and Crypto: A Global Struggle Is It Legal for Crypto Companies to Open Bank Accounts in Georgia? How the Process Works What About Crypto-to-Fiat Conversions? Compliance: The Details That Matter Why Use Gegidze for Banking Setup? Conclusion: Yes, You Can Take Action Today Frequently asked questions (FAQ) Banking and Crypto: A Global Struggle Ask any founder in the crypto space what their biggest headache is, and banking usually makes the list. Traditi

Table of contents Why Foreign Companies Look to Georgia Is Crypto Payroll Legal in Georgia? Why Georgia Works for Crypto Payroll Two Payroll Models: Employees vs Contractors How Crypto Payroll Works with Gegidze Beyond Payroll: Special Tax Regimes for Crypto Companies in Georgia Industry Examples Georgia vs EU vs US: Payroll Reality Check Industry-Specific Tax Planning Common Mistakes Foreign Companies Make in Georgia Why Georgia Beats Other Crypto Payroll Jurisdictions Why G

Table of contents Introduction Understanding Crypto Tax in Georgia Key Tax Benefits for Crypto Companies in Georgia How Gegidze Optimizes Crypto Payroll for You Global Payroll Comparison: Why Georgia Is the Best Choice for Crypto Companies Industry-Specific Advantages of Georgia's Crypto Tax System Why Gegidze Is the Key to Optimizing Crypto Payroll and Tax Frequently asked questions (FAQ) Introduction Georgia has quickly become one of the most attractive locations for foreig

Table of contents: Why Crypto Payroll Is a Hot Topic Is It Legal to Pay Employees in Crypto in Georgia? Payroll Taxes: Employees vs. Contractors How Crypto-to-Fiat Conversion Works The Risks of Paying Directly in Crypto Industry Use Cases Why Georgia Is Attractive for Crypto Payroll How Gegidze Simplifies Payroll Conclusion: The Compliant Way to Pay in Crypto Frequently asked questions Why Crypto Payroll Is a Hot Topic For global companies, paying teams in crypto  is no longe

Table of contents Introduction: The Rise of VASPs and the Need for Regulation What is a VASP? The Role of the National Bank of Georgia (NBG) When Does Your Crypto Business Need a VASP License? Why Do You Need a VASP License from the National Bank of Georgia? How to Apply for a VASP License in Georgia Risks of Operating Without a VASP License How Gegidze Helps with VASP Licensing in Georgia Conclusion: Why Georgia is the Ideal Location for Your Crypto Business Frequently Asked

Why Crypto Freelancers Are Looking at Georgia For freelancers and digital workers, getting paid in crypto is fast, borderless, and cost-effective. But here’s the catch: in many countries, declaring those payments creates tax uncertainty or even double taxation. Banks often block transfers, and clients hesitate to pay in crypto if they’re unsure it’s legal. Georgia is different. The country has become a crypto-friendly hub with a tax system designed for freelancers and contrac

Table of contents Why Startups in Georgia Are Comparing Crypto and Fiat Payroll The Basics. What Counts as Crypto Payroll in Georgia The Basics. How Fiat Payroll Works for Georgian Startups Cost Comparison. Crypto Payroll vs Fiat Payroll Crypto Payroll Speed Fiat Payroll Speed Compliance Risks. Where Crypto Payroll Can Go Wrong in Georgia Compliance Risks With Fiat Payroll Crypto Payroll and Tax Rules in Georgia Banking Considerations. Cashing Out Crypto in Georgia When Crypt

Table of contents Why Micro Business Status Matters More Than People Think What Micro Business Status Actually Is Eligibility Rules for Micro Business Status How to Apply for Micro Business Status in Georgia Tax Obligations Under Micro Business Status Micro vs Small Business Status: Which One Fits Better? Comparison: Micro Business Status vs Small Business Status When Micro Business Status Is Actually Better When Small Business Status Is the Better Choice Common Misunderstand

Table of contents Why Closing an IE Properly Actually Matters What Happens If You Do Not Close Your IE Properly What You Must Do Before Closing Your IE How to Close Your IE Step by Step How Long the IE Closure Takes What To Do After Your IE Is Officially Closed Should You Close Your IE or Switch to an LLC Instead Common Mistakes When Closing an IE How Gegidze Helps You Close Your IE Smoothly and Safely Frequently Asked Questions Why Closing an IE Properly Actually Matters Reg