Electronic Money Issuing License in Georgia. Process, exchange and offer e-wallets

 E-MONEY LICENSE REPUBLIC OF GEORGIA 
 BECOME AN OFFICIAL ELECTRONIC MONEY ISSUER 
Become a regulated Electronic Money Issuer in the Republic of Georgia. IFLS Corporate Services Ltd and its local partners in Georgia help to setup, apply, mediate w/ licensing process and care about the infrastructure.

While many offshore destinations tighten their rules before issuing an e-money payment provider license, Georgia did the opposit and attracts nowadays more e-money provider than any other country in the world.

A top-infrastructure with excellent banks and a direct access to the IBAN / SWIFT payment network allows a maximum in flexibility by receiving and sending electronic money.

 

Additionally Georgia's biggest plus is a maximum in privacy and data protection. Not just to the owner of a payment providing company - also to their clients. 

A Georgia e-money license is able to take deposits of clients funds (electronically) and to wire, forward or send them to other customers. Online Payment Processing is one of the main permitted activities the country is offering. Included: sending direct payments on behalf of third parties.

While many offshore destinations tighten their rules before issuing an e-money payment provider license, Georgia did the opposit and attracts nowadays more e-money provider than any other country in the world.

A top-infrastructure with excellent banks and a direct access to the IBAN / SWIFT payment network allows a maximum in flexibility by receiving and sending electronic money.

 

Additionally Georgia's biggest plus is a maximum in privacy and data protection. Not just to the owner of a payment providing company - also to their clients. 

Requirements and Duration of Application:

  • Duration: round about 5-6 months until approval

  • Original Passport Copy notarized with apostille

  • Original Police Clearance Certificate with Apostille

  • Original Power of Attorney (delivered by us) notarial certified and with apostille

  • CV undersigned (electronically)

  • Standard single proof of address (electronically)

  • AML / CFT Policy and Extended Business Description and Operation Manuals (we assist)

Enquire Now

+46 21 490 49 88
+44 141 628 0943

email: click here >>

skype: financiallicenses

PERMITTED ACTIVITIES

A GEORGIAN E-MONEY PAYMENT PROVIDER LICENSE ENABLES YOU TO:

 

  • take clients deposits

  • install and open client accounts

  • issue own prepaid cards (co-branding)

  • transfer clients money from client to client

  • electronic payment processing and all with it related activities

  • escrow services (please ask us for this special activity)

  • issue electronic money

 

 

INCORPORATION SERVICES

  • company formation and incorporation in Georgia

  • Set-up local office, installation of an official company representor in Georgia

  • preparation of all documents (AML Rules, etc.)

  • License Support

  • On-going license status updates

  • bank account openings in Georgia (2x)

  • Certifications / Translations: Georgian - Englisch (optional) included

  • submission of all documents to the National Bank of Georgia

  • English and German speaking support through our expert team

TAXATION

 

This license is an onshore license but with offshore character in terms of flexibility and opportunities. You will be taxed under Georgian law but there are many ways to reduce the tax commitments. Speak with us.

 

 

SOFTWARE  (opt.)

 

If you should need an own software to manage all payments for your clients, their accounts, transactions, personal documentation etc, we highly recommend the solution of the current market leaders of the banking industry. The multilingual software is an all-in-one component allowing to manage customers data as well as all payments with one click. 

IFLS can arrange a free demo upfront via skype to see live how the software is working.

 

 

BANK ACCOUNTS

 

We establish a full IBAN bank account in the name of your Georgian company with one of the 2 major institutes. Other banks in addition possible without travelling to Georgia. Our lawyers will dispatch DigiPass, credentials, debit / credit cards in sealed courier envelopes to your address and you can start immediately.

Get your individual expose + a call

IFLS is the leading source for the acquisition and establishment for financial licensed entities in more than 25+ jurisdictions.

Instant Contacts

 

T +46 21 490 49 88
T +44 141 628 0943

email:    info@banking-licenses.com

Register Information: 99123

LEI Info: 8945009P1UA8BVZ79Q85

  • Facebook
  • Twitter
  • YouTube
  • Instagram
IFLS Group

 

Registered Office
Ajeltake Rd, Ajeltake Island
The Trust Complex
MH 96960 Marshall Islands

Asia
IFLS Corporate Services Ltd

Main Office Tower - Level 14
Financial Park Labuan Complex
87000 Labuan
Malaysia

IFLS Corporate Services Ltd accepts BTC / USD / EUR Payments. SWIFT & SEPA. Up from May we do accept in addition SGD, HKD and JPY.

IFLS is not a bank, nor does it provide banking services. IFLS offers international company formation, corporate administration services, and bank/broker introductory services and account opening assistance through third parties only. This website is only used for promotional marketing purposes of IFLS and is not intended to portray that this is the site of a bank, financial institution or being itself a licensed or regulated Corporate Services Provider. IFLS connects customers and Corporate Services Provider which are in an exclusive partnerships with IFLS Corporate Services Ltd in the respective jurisdiction(s). 

In the following jurisdictions IFLS is providing the services through professional CSPs, banks, legal representatives, accountants etc. All services are considered to be third party services, but under permanent control and monitoring of the IFLS Group, which will be your guide and primarly contact point until the corporate and/or licensing setup has been finalised successfully. We will introduce you directly the competences but still assist you as your partner during the entire setup process. The jurisdictions where third party services by CSPs / MC (Management Companies) are being carried out are: Bahamas, BVI, Cayman Islands, Seychelles, South Africa, Malaysia, Vietnam, Japan, Vanuatu, Cook Islands, UAE, United States of America, Kazakhstan, Republic of Georgia, European Union in general.

AUSGEZEICHNET.ORG