Electronic Money License in Georgia

Published:
December 12, 2024
tbilisi 488518 1920

E-money plays a pivotal role in modern finance, offering business-projects and users efficient tools for fund management and transaction execution. An EMI license Georgia is a sought-after choice among fintech firms seeking to operate in a stable and business-oriented environment. This article explores the process of securing such a license, the associated benefits, costs, and opportunities for acquiring ready-made AEMI/EMI licenses for sale.

Georgia EMI licenses requirements

Launching a financial institution with an EMI license in Georgia requires compliance with specific legal standards.

  1. Capital Requirements: A minimum capital deposit of 500,000 GEL must be held in the firm’s corporate account.
  2. Entity Registration: Businesses must register as a legal entity within Georgia and establish a physical office.
  3. Qualified Management: Appointees for executive roles must demonstrate substantial expertise and credentials in financial services.
  4. Comprehensive Business-Plan: A detailed strategy showcasing the company’s economic resilience and growth potential is mandatory.
  5. Flawless Reputation: Registered founders and management must present no-criminal-record certificates to meet regulatory integrity criteria.

Advantages of EMI licenses in Georgia

Georgia provides unique benefits that position it as an appealing place for obtaining EMI permits.

  1. Simplified Registration: Georgia’s legal processes are notably less intricate compared to many nations.
  2. Global Market Reach: The jurisdiction encourages Fin-advancements, encompassing e-money issuance and transaction facilitation.
  3. Appealing Taxation Policies: Competitive tax rates and absence of additional levies on financial services enhance profitability.
  4. Transparent Regulations: Georgia’s legislative framework for EMI licensing ensures operational clarity and regulative consistency.

These features make Georgia a prime destination for fintech businesses aiming for growth and global outreach.

If you intend to open your own business, we will help you choose a jurisdiction, obtain the appropriate permit, and are also ready to offer you many options for ready-made banks with a crypto license for sale, Fintech organizations and others.

Procedure for obtaining EMI license in Georgia

Process of acquiring an EMI license involves several structured phases.

  1. Company Formation: Registering the entity as a legal business in Georgia.
  2. Document Compilation: Preparing vital paperwork, including founder profiles, management details, financial plans, and capital proof.
  3. Submission to Authorities: Filing the application and required documents with Georgia’s National Bank.
  4. Regulatory Evaluation: Authorities assess the firm’s documentation and operational readiness.
  5. License Granting: Upon approval, the company is authorized to operate within the electronic money sector.

Our experts simplify each stage, providing end-to-end support. We also offer turnkey solutions, including ready-made banking licenses, fintech permits, and EMI approvals tailored to your business needs.

What is included in our services

Our comprehensive service range ensures a seamless licensing experience.

  1. Company incorporation in Georgia.
  2. Drafting tailored business plans and financial forecasts.
  3. Full legal and regulatory compliance assistance.
  4. Professional advice on taxation policies and local law.
  5. Recruitment and onboarding of qualified personnel.

With our help, your licensing process will be streamlined and efficient.

Taxation of EMI companies in Georgia

Operating under an EMI license in Georgia comes with notable tax benefits.

  1. Corporate Taxation: A 15% rate applies only to distributed earnings, ensuring greater retained profits.
  2. VAT Exemptions: Exported financial services are excluded from VAT obligations.
  3. Dividend Taxation: Moderate rates benefit international shareholders.

These favorable policies establish Georgia as a fintech-friendly place.

How much does EMI license in Georgia cost?

The price for getting an EMI license varies depending on several elements.

  1. Capital Investments: A baseline requirement of 500,000 GEL.
  2. Legal and Administrative Costs: Fees for document preparation and application support.
  3. Operational Expenses: Costs related to staffing, premises, and compliance infrastructure.
  4. Government Fees: Licensing and administrative payment to regulatory bodies.

Each case is unique, and final costs align with the scope and scale of your business model.

Our advantages

Collaborating with us provides unmatched advantages.

  1. Holistic Solutions: From registration to regulatory approval, we manage every step.
  2. Expertise: Our in-depth knowledge of Georgian fintech regulations ensures accurate compliance.
  3. Time Efficiency: We minimize your involvement in complex processes, saving valuable time.
  4. Reliability: Our proven track record guarantees timely results and adherence to requirements.

Securing an EMI license in Georgia offers unparalleled access to global financial markets, enabling firms to manage transactions, issue e-money, and deliver cutting-edge fintech services. With our expert guidance, you can establish your business quickly and confidently in this thriving jurisdiction.

Related insights

How to Start a Neobank in 2025: The Ultimate Step-by-Step Guide

It could turn out to be quite the gold mine if you land your neobank by 2025, what with traditional banks crossing over the internet. In the technical sense, neobanks are better positioned to unlock niche markets and attract the underprivileged people because of their mobile-native user experiences, reduced operational costs, and modern tech stacks….

Read more 29.07.2025

What is AUSTRAC?

For any business operating within Australia’s economic sphere, the importance of AUSTRAC and its role is not just something to be aware of, it’s essential. But what is AUSTRAC? The AUSTRAC is the country’s financial intelligence unit (FIU) and its financial regulator for anti-money laundering and terrorism financing. Its primary role is to preserve the…

Read more 28.07.2025

Buying a Business: The Complete Guide to a Successful Purchase

Buying a going concern may be one of the best ways an entrepreneur can break into a new enterprise or broaden an already existing portfolio. In contrast to new ventures, going concern acquisitions come with already existing clientele, an already tested product or service with an adequate market, and operating systems. Comfortable though the way…

Read more 22.07.2025

How to Start a Bank: Complete Guide to Launch (2025)

In 2025, all new banks for sale will have to be step-changed, whether they are digital-only, challenger, regional, or otherwise. Regulatory planning, setting up infrastructure, and minimum capital are some of what will matter most together with a customer-centric strategy. The Banking Charter Masterclass: A 2-Day Practical Workshop That Will Guide You from An Interest…

Read more 22.07.2025

How to Assess the Value of a Hotel Business Before Buying

Looking for attractive hotels for sale is just the top of the iceberg. The most necessary thing is not to find a hotel, but to correctly assess what is behind the price tag in the offer. Investing in the hotel business is not only about the location and furniture. Everything matters here: how the facility…

Read more 22.07.2025

What is PSD Agent UK (payment sub-license)?

United Kingdom Payment Service Agent and the PSD Agent UK Framework are the new routes also which have opened up for the Fintechs to provide their payment services. It is a sort of authorized delegation model below either a full PI or EMI. This sub-license opens up the UK regulated market with smaller requirements on…

Read more 22.07.2025

How to obtain Maltese citizenship by investment

Often deemed as the pearl of the Mediterranean, Malta has a rich history, developed culture, and offers excellent economic prospects. It is strategically located between Europe and North Africa and enjoys a quality of life second to none, with the best medical offerings and education systems in place, and access to the EU. Well, among…

Read more 22.07.2025

Gambling Comparative Guide

Gambling, in Romania has become a huge industry economically and socially. A variety of gaming activities are caught up within it, whether land-based or online. These activities include slot machines, sports betting, casino games, poker, bingo, and lottery; however, the attitude toward gambling is still ambivalent here. On one hand, it is a giant employment…

Read more 22.07.2025

A general introduction to gambling law in Romania

In Romania, a member state of NATO and the EU, gambling has long ceased to be a dark zone – the state has taken a course towards clear regulation of this sphere. Particularly active changes have taken place in recent years: legislation has been updated, taxes have been increased, new requirements for licensing, control of…

Read more 22.07.2025

Romania to Review Gambling Taxes Again

In Romania, the heart of Transylvania, the rules of the game for the gambling business are about to be revised — and this time not just symbolically. The country’s new government, recently formed after the June elections, has already announced its intention to radically change tax policy. And although gambling is a sensitive topic, it…

Read more 21.07.2025

New rules for obtaining residence permit in Turkey: changes from December 2024

In December 2024, Turkey made some major updates to its immigration laws. These changes mostly affect foreigners who want to live here—whether they’re applying for a RP or trying to fight a deportation order. The aim is to make the system clearer and more efficient, but it also means there are new rules everyone needs…

Read more 18.07.2025

Moving to Turkey: Embracing Life in the Land of Sun, Sea, and Comfort

Most people think of Turkey as being “turquoise and sunny” and a vacation hotspot, with its beaches, all-inclusive resorts, and coastlines that seem like they’re off a postcard. The country offers more than the standard summer holidays. A dynamic lifestyle, fast-growing economy, and an engaging mix of eastern traditions against a western backdrop: this special…

Read more 18.07.2025