
Personal Data Protection: Your Rights and Obligations
The Law of Georgia on Personal Data Protection establishes standards that must be observed by both private companies and state agencies when processing personal information.
Opening a bank account in Georgia is an important step for both local and foreign citizens. In the modern world of financial relationships, a bank account is an essential instrument for carrying out everyday financial operations. MB Legal offers professional assistance in this process to ensure the security and effective management of your finances.
Opening a bank account in Georgia offers many advantages for both personal and business purposes. The country’s banking system is characterized by stability, security, and flexibility, making it attractive to both local and international clients. Having a bank account in Georgia will allow you to receive salaries or other income officially. Additionally, you will benefit from the following advantages:
No restrictions on international transfers
A stable banking system
No or minimal fees for opening and maintaining a bank account
Supporting major foreign currencies
Modern online and mobile banking services
The process is fast and easy
Georgian banks offer various types of accounts tailored to different client needs:
Each type of account offers different advantages, and MB Legal will help you select the option that best suits your needs.
Opening a bank account in Georgia involves several important stages. With MB Legal’s assistance, opening a bank account in Georgia is possible through the following simplified process:
Initial consultation – we discuss your needs and goals to select a bank and banking service tailored to your needs
Document preparation – we help you collect and properly prepare all necessary documents
Submission to the bank – we ensure complete submission of documents to the selected bank
Process monitoring – we monitor the bank’s application review process
Additional services – we offer assistance with other relocation-related issues in Georgia
Account activation – we help you successfully activate and use your account
MB Legal will professionally guide you through these challenges and ensure that the bank account opening process is efficient and problem-free.
MB Legal is your trusted partner in the process of opening a bank account in Georgia. Our service includes:
Comprehensive consultation – detailed information about all options and possibilities
Document preparation – we help you collect and properly prepare all necessary documents
Communication with banks – we interact with banks on your behalf to eliminate possible language or cultural barriers
Process management – we control the entire bank account opening process from start to finish
Additional legal services – we offer assistance with other establishment-related issues in Georgia
Our experienced lawyers possess specialized knowledge in the banking sector and ensure that your bank account opening is carried out efficiently and in full compliance with the legislation.
In Georgia, opening a bank account after submitting all necessary documents typically takes from 3 to 10 business days. With MB Legal’s assistance, this process proceeds as efficiently as possible.
Yes, Georgian banks serve both residents and non-residents. However, foreign citizens may need additional documentation and information, which MB Legal will professionally help you prepare.
We closely collaborate with Georgia’s leading commercial banks. Based on your business specifics and transaction volumes, we will offer you the best banking solutions tailored to your needs.
Just fill out the form and leave the rest to us.
Georgia is emerging as a key jurisdiction for virtual asset regulation. MB Legal advises clients on compliance with the country’s evolving legal framework for cryptocurrencies, digital tokens, and related services.
Learn MoreBanking law governs the legal aspects of financial institutions and their operations, including lending, deposits, and regulatory compliance. It ensures that banks and businesses operate within the legal framework set by Georgian authorities.
Learn MoreExplore our services on Virtual Zone status and IT law in Georgia, designed to help your business navigate the legal landscape and maximize opportunities in this growing sector.
Learn MoreHave a question or need expert advice on tax law in Georgia? Fill out the form below to get in touch with our team of experienced tax law professionals at MB Legal. We’re here to help your business stay compliant and thrive.
Learn MoreLabor law is an important part of Georgia's legal system, providing a fair balance between the interests of employers and employees. Legislative changes in recent years have significantly improved mechanisms for protecting labor rights and brought Georgian legislation closer to international standards.
Learn MoreA clear understanding of business and corporate law in Georgia is crucial for launching, managing, and growing a successful company. From choosing the right legal entity to ensuring strong corporate governance, aligning your operations with local legal requirements is essential.
Learn MoreTrademark registration is the essential first step in protecting your corporate identity. Consulting a trademark attorney to ensure your registration is filed correctly and diligently monitored will help avoid costly mistakes and provide you with the strongest protection.
Learn MoreThe Georgian Law on Personal Data Protection is an important legal framework that protects the personal information of individuals and establishes rules for processors and organizations. Compliance with the law is not only a legal obligation but also good business practice that increases the reliability and reputation of the business. The MB Legal team is ready to help you ensure that your business and activities comply with the Law on Personal Data Protection.
Learn MoreThe Law of Georgia on Personal Data Protection establishes standards that must be observed by both private companies and state agencies when processing personal information.
MB Legal will be happy to provide legal advice on the right choice of the legal form of your company.