Best country with the banking system for C2B software business?

[JohnLocke]

You mean Explore Georgia | Official Georgia Tourism & Travel Website | Explore Georgia.org - who the f**k is going to bank in the USA unless you live there or your name is Osama Bin Laden ?

please care about your language! 1 warning point!

 

[Mr Magoo]

@Hans Hoffmann Is it possible to bank with a Georgian company in the EU?

 

[Hans Hoffmann]

@Hans Hoffmann Is it possible to bank with a Georgian company in the EU?

I assume that yes as its not offshore. But I haven't tried

 

[Mr Magoo]

OK, how solid are banks in Georgia? If you dont mind I would like to PM you with a few questions. I have an IT business myself as well.

 

[Hans Hoffmann]

OK, how solid are banks in Georgia? If you dont mind I would like to PM you with a few questions. I have an IT business myself as well.

you can PM me I hope its not agains rules

 

[Mr Magoo]

@Hans Hoffmann I seem not be able to PM you, not enough posts I guess. Anyways, setting up an IT company in Georgia sounds interesting to me so I can save on taxes.
Doubts: what are the running costs on a yearly basis (renewal fees, accounting, registered address etc)
I would basically always outside of Georgia with clients. Would that work?

 

[Clip]

From a friend, he didn't have problems moving money from EU to Georgia, but for a Mount's bigger than 10k eur the EU bank start to ask questions.

I won't put so much money in Georgia, try to move it somewhere else

 

[Hans Hoffmann]

@Hans Hoffmann I seem not be able to PM you, not enough posts I guess. Anyways, setting up an IT company in Georgia sounds interesting to me so I can save on taxes.
Doubts: what are the running costs on a yearly basis (renewal fees, accounting, registered address etc)
I would basically always outside of Georgia with clients. Would that work?

Yes it would work. There are no renewal/cgs fees, since its local resident company. The main problem which you would face moneywise is that youll need Georgian accauntant, which will be 200-300 usd per month. I dont pay for my address (got lucky) and also I am not located in Georgia.