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Location
Tbilisi, Georgia · meetings by appointment
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Georgia VASP launch & operations See our delivery model
Tbilisi, Georgia · meetings by appointment
EIGHT-STAGE DELIVERY MODEL

From Model Assessment to Supervised Operations

A strong application is built in dependency order. Each stage prepares evidence for the next and keeps the eventual operating company in view. Clients may enter at any stage; the sequence is a delivery map, not a claim that every project has the same scope or duration.

Stage 0 — Confidential model assessment

Services, customers, countries, assets, ownership, sanctions exposure, overlaps and go/no-go conclusions.

Stage 1 — Regulatory architecture

Confirmed scope, flow maps, governance, evidence matrix, risk register, milestones and change-control assumptions.

Stage 2 — Company, ownership and tax

Entity, corporate documents, UBO/source pack, governance, translations and model-specific tax analysis.

Stage 3 — Governance, substance and staffing

Administrator preparation, presence plan, office, roles, recruitment, contracts, training and authority.

Stage 4 — AML/CFT and sanctions

Risk assessment, acceptance, CDD/EDD, screening, KYT, escalation, reporting, QA and training.

Stage 5 — Product, IT, data and cyber

Architecture, vendors, integrations, logs, reporting, security, continuity and demonstration scripts.

Stage 6 — Application and NBG engagement

Georgian dossier, consistency control, filing, responses, meetings, office and system rehearsal.

Stage 7 — Launch and continuing supervision

Mock inspection, customer-file tests, disclosures, banking readiness, first 90 days, reporting and change control.

The regulated company retains accountability. External legal, implementation, recruitment and managed support must be documented without turning the adviser into an undisclosed operating agent.
Legal review required before production publication Regulatory baseline: 22 August 2026 Requirements depend on the exact model