Bank account, sole trader, and LLC in Georgia remotely: how it works for non-residents
Georgian legislation does not restrict foreign nationals from opening bank accounts, registering as a sole trader, or forming an LLC: neither a residence permit nor local citizenship is a mandatory requirement. Georgia's banking system is regulated by the National Bank of Georgia and meets international standards, and business registration takes only a few days.
Which banks we work with
We support account opening at Credo Bank and TBC — banks that take a practical approach to non-resident clients and do not require an excessive document package. Both work with Visa/Mastercard, support SWIFT transfers, and offer multi-currency accounts in GEL, USD, and EUR — a full bank account for international payments, not just a digital wallet.
Not just an account: sole trader and LLC end to end
Beyond the account, we register a sole trader with the 1% small business tax regime and an LLC for international business. This covers use cases that Wise or Revolut cannot: receiving SWIFT payments from foreign companies, working with platforms that require a real account under a legal entity, and preferential taxation for those working with foreign clients.
The legal mechanism behind remote processing
The legal basis for remote processing is a notarized power of attorney for a representative in Georgia. You have it drawn up by a notary in your home country — the document authorizes the representative to act on your behalf when opening the account or registering a sole trader or LLC. This is standard practice and in no way limits your rights.
In most cases, a foreign passport is sufficient as the primary document. The bank or authority conducts verification remotely. Proof of address, income statements, and other supporting documents are only requested in specific situations — we always notify you in advance and help prepare what is needed.
Who this is for
Freelancers and IT professionals use the account to receive USD and EUR payments via SWIFT. Entrepreneurs who register a sole trader or LLC in Georgia gain access to a preferential tax regime. Relocants often open an account before moving so they have a working card from day one.
A Georgian bank account is not a replacement for Wise or Revolut — it complements them: full bank status, a physical card, and SWIFT credentials for international settlements, plus your own legal entity with preferential tax treatment, which a virtual card simply cannot offer. If you are considering an account, sole trader, or LLC, write to us and we will assess your situation for free.