georgia

Sort out the Georgia NBG license application requirements、Company establishment、Due diligence materials、Approval process and subsequent reporting obligations，Help assess possible routes into the Georgian market，Inquire about compliance programs now。

Georgia Payment Service Provider (PSP) and Electronic Money Institution (EMI) License (also commonly referred to as Payment Institution License in statutory classification and practice、Payment system provider license or financial company license) is legally regulated by the National Bank of Georgia (NBG)。Authorization to legally conduct digital payment settlements、Fund remittance and electronic money issuance business franchise。The core statutory advantage of this license is the concession tax exemption policy：If a licensed entity is legally granted “virtual regional entity” status，The digital financial services exported overseas are applicable to 0% corporate income tax rate。Hong Kong Huitong provides registration from local entities、Notarization of a complete set of foreign documents，Go to the internal compliance system to build a special legal agency plan that interfaces with regulatory agencies，Ensure the legal implementation of the project。

The banking industry in Georgia is regulated by the National Bank (NBG)。in accordance with 2022 Amendments to the Commercial Banking Activities Act，NBG establishes "Conditional License" system。The system provides digital banks with 4 annual regulatory sandbox period，The initial minimum capital requirement is 5000 Ten thousand lari (GEL) downgraded to 500 Ten thousand lari。Licensed institutions support access to the Single Euro Payments Area (SEPA) and Open Finance (Open Finance) networks。Businesses involving crypto assets need to complete virtual asset service provider (VASP) registration at the same time。Hong Kong Huitong provides corporate establishment、Compilation of materials for executive fitness (Fit and Proper) review and legal agency services for license application。