About the country
Georgia is situated at the crossroad of Europe and Asia and is a former Soviet republic where resides Caucasus Mountain villages and Black Sea beaches. We also see a cave monastery and an ancient wine-growing region Kakheti. Tbilisi is known for the diverse architecture and mazelike, cobblestone streets of its old town and is the capital city of Georgia. Forex license in Georgia represents an attractive investment environment for foreign companies as the incorporation process takes a very short time.
About Licensing Body
The Law of Georgia on Entrepreneur was passed in 1994 and is Georgia’s governing factor on new comers which was revised quite a few times since its initiation making corporate governance more effective. The legislative and regulatory framework of Georgia permits the registration of a Joint Stock Company, Limited Liability Company, General Partnership, Branch Office, as well as a Limited Partnership.
- Notarized passport copy with Apostille (valid for at least 6 more months) - Original
- Police Clearance Certificate / Certificate of Non-Criminal Conviction with Apostille (not older than 2 months) - Original
- Power of Attorney undersigned with signature's verification by your Notary Public - Original
- Diploma copies, reference letters from current or previous employers displaying that you have the necessary skills and knowledge to be acting as a broker, or securities dealer, or an FX expert (the more references you bring the easiest the approval procedure)
- CV undersigned
- Two name proposal for the company (to see if they are available for incorporation there)
- Gathering all required documents such passport copies , address proof , criminal records & POA.
- Once KYC is reviewed , we will initiate for company formation – company formation will take upto 2 weeks.s
- Once company is formed , we will initiate steps to open bank account and once bank account is opened , paid up capital of 500,000 GEL has to be transferred in order to show the regulatory for applying license.
- trademark applications, IP Agreements and Domain Name Registration;
- website preparation as well as the preparation or review of any other marketing material.
- Providing assistance with the purchase and negotiations for MT4 server or any other trading platform
- Assessment or testing of the entity’s proposed trading platform
- Assisting with the execution of Know Your Customer (“KYC”) processes or other compliance processes.