Contact

Location
Tbilisi, Georgia · meetings by appointment
Independent professional support.
Registration, banking and provider approval cannot be guaranteed.
Georgia VASP launch & operations See our delivery model
Tbilisi, Georgia · meetings by appointment
INSIGHT · VASP APPLICATION

What a Georgia VASP Application Must Demonstrate

A complete application is a connected evidence package. Corporate documents may identify the applicant, but they do not explain how customers enter, how assets and fiat move, who controls technology, how alerts are resolved or how Georgian management supervises the operation.

Begin with the real flow

Map customer information, instructions, fiat, virtual assets, keys/control instruments, providers and decision points. The service classification, business plan, risk assessment, policies and system configuration should all reflect that map.

Make owners and administrators understandable

The ownership chain, UBOs, source evidence and administrators’ competence/reputation must be presented transparently. Changes or unexplained complexity create additional diligence and inconsistency risk.

Demonstrate the operating environment

The head office, staff, electronic system, logs, reports, providers, contracts and rights to use the website/app should support regulator access and day-to-day operation—not only the filing date.

Test the dossier before filing

Reconcile names, countries, services, customer types, volumes, providers, staff numbers, financial projections and control descriptions across every document. Rehearse the system and office demonstration with the people who will actually operate it.

Legal review required before production publication Regulatory baseline: 22 August 2026 Requirements depend on the exact model