PB Services Blog
News from Georgia
Georgia now requires companies working with cryptocurrency to obtain a license from the Central Bank. Regulations were harmonized on January 1, 2023, with instructions on how to register a company operating in the crypto field effective July 1.
One of the popular ways to obtain a residence permit in Georgia for a non-resident is to register an individual entrepreneur (IE). As IE you can apply for the residence permit if your income amounts to a minimum of 50 thousand lari (GEL).
According to the law “On Entrepreneurs” non-residents in Georgia operate under the same conditions as citizens. We explain you how to open a company as a foreigner effortlessly in a matter of days.
Exclusive update with infographic of the numbers of approved, rejected, and pending residence applications for Russian citizens during the last year in Georgia.