Category: Banking & Finance

Banking & Finance

Latest updates, announcements, and media highlights from Nomos Georgia.

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How to Get PSP License in Georgia

Acquiring a Payment Service Provider (PSP) license in Georgia is a regulated process governed by the National Bank of Georgia (NBG). Payment service provider (provider) is a legal entity that provides payment services to a customer of a payment service in accordance with the legislation of Georgia; This guide outlines

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Importance of Tax and Accounting Services

A business is not easy to set up. In the dynamic landscape of modern business where every decision counts, the importance of tax and accounting systems should not be underrated. These services provide financial stability and compliance for businesses of all sizes, from start-ups to multinational corporations. Tax and accounting

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Georgian Tax System and Rates: The Ultimate Guide for 2023

Georgia has become a popular tourist destination, and now seven and eight-figure entrepreneurs and investors are embracing its potential as a tax residence. It’s a country that is up and coming and boasts one of the world’s best-performing economies. Georgia sits in an advantageous location at the intersection between Europe

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Is Bank of Georgia Safe?

This article will provide a look at the Georgian banking industry, with a special emphasis on the Bank of Georgia, a notable entity in the London Stock Exchange. As you seek exciting travel and investment opportunities, understanding the ins and outs of the Georgian banking system, including retail banking, online

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Is TBC Bank Safe?

Navigating the world of banking can be a complex task, especially when you’re considering offshore options like TBC Bank in Georgia. In this article, we’ll walk you through a comprehensive analysis of TBC Bank, unpacking crucial aspects such as deposit insurance, internet banking security, and the bank’s financial stability. Whether

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The Best Banks in Georgia

The banking sector in Georgia is diverse and dynamic, offering a wide range of services and products to customers. This article will present some of the best banks in Georgia and the services they can offer you. The leading Georgian banks have something for everyone, whether you require a bank

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How to Pay 0% to 1% Tax in Georgia

Georgia’s tax system is widely known for its business-friendly approach. This article provides insights into how you can lower your tax payments in this country, ranging from 0% to 1%.  Whether you want to explore investment opportunities or add diversity to your financial portfolio, knowing Georgia’s tax system is crucial

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How VAT Works in Georgia – The Traveling Investor’s Guide

Georgia boasts one of the lowest VAT (Value Added Tax) rates in Eastern Europe.  In this article, we’ll talk about how VAT works in Georgia so you can explore travel and investment opportunities in this beautiful country while being aware of the tax implications and how it may impact your

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Pros and Cons of Banking in Georgia

Georgia is one of the best and most accessible countries in the world to open a bank account.  In this article we will discuss the pros and cons of banking in Georgia and how to open an account. Whether you are looking to open an account in Georgia in person

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The Benefits of Bank of Georgia SOLO

Are you looking for a country where you can easily open a premium bank account? Bank of Georgia gives you access to a high-quality service known as SOLO. Here we will outline the benefits of banking with Bank of Georgia SOLO and how to open an account.  Contact NOMOS for

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