Tired of Georgian banks

[Macy]

After I have seen how public and easy for everyone online to access their company register (with all data visable) is, I'll never register a company there there.

Yes I proved this on another thread. I can download their passport copy, driving license or whatever they used as ID to open company. Big security risk and no no if you ask me.

Does this apply to Georgian free-zone companies as well, like in Kutaisi? Or do they have a different register that is more private?

 

[uplana]

Haha, true. You can even download their passport picture!

Yes I proved this on another thread. I can download their passport copy, driving license or whatever they used as ID to open company. Big security risk and no no if you ask me.

WoW say what!!

It is incomprehensible how they can do that. I'm glad I registered my company with darks so that it's not my passport now available for public download and can be used for identity theft!

 

[daniels27]

It is incomprehensible how they can do that. I'm glad I registered my company with darks so that it's not my passport now available for public download and can be used for identity theft!

I guess you got the darks from the same registry.

 

[cryptofriendly]

Welcome to the new world
Companies in almost every country are required to publicize beneficial owners.

Nah, I'd just create a LLC in the US with more anonymity, no CRS with banks vs. banks in Georgia, and no fears about EU reach.

 

[uplana]

I guess you got the darks from the same registry.

No, but I understand where all the guys with cheap darks get their documents from now! it's a source of gold, how stupid are they in Georgia

Nah, I'd just create a LLC in the US with more anonymity, no CRS with banks vs. banks in Georgia, and no fears about EU reach.

you say there is no CRS with the banks in the Republic of Georgia ?

 

[daniels27]

you say there is no CRS with the banks in the Republic of Georgia ?

I think he means no CRS in the US. Georgia is part of CRS, Armenia is supposed to join next year.

 

[uplana]

That's why I asked for Republic of Georgia, it is misleading because of the threads title !

 

[Martin Everson]

Does this apply to Georgian free-zone companies as well, like in Kutaisi? Or do they have a different register that is more private?

Good question.I don't know answer. Never went back to looking at Georgian companies since the below thread

https://www.offshorecorptalk.com/th...in-georgia-company-register.36233/post-200758

Earlier in 2021, I travelled to Georgia to setup a company there. After registration I noticed that all of my personal info (and the info of my address provider / translator) is publicly available on the internet. And in specific I mean a copy of my passport, with all information visible.