Estrella facilitates acquisitions of Georgian VASP licensed companies — NBG-supervised virtual asset service providers with crypto exchange and wallet permissions.
A Virtual Asset Service Provider (VASP) license in Georgia is issued under the supervision of the National Bank of Georgia (NBG). Georgia adopted comprehensive VASP regulations in 2023, creating a clear regulatory framework for virtual asset services including cryptocurrency exchanges, wallet providers, and transfer services.
Georgian VASPs are authorized to provide crypto-to-fiat and crypto-to-crypto exchange services, virtual asset custody and wallet services, virtual asset transfer services, and related advisory and brokerage activities. The regulatory framework was designed to attract international fintech companies while maintaining robust AML/CFT standards aligned with FATF recommendations.
Georgia has positioned itself as a crypto-friendly jurisdiction in the Caucasus and CIS region, offering competitive tax treatment, low operating costs, and a streamlined regulatory process.
Acquiring a licensed Georgian VASP offers cost-effective entry into a growing and crypto-friendly market. Georgia’s regulatory framework provides clarity without the heavy compliance burden seen in some Western European jurisdictions, making it attractive for startups and mid-sized fintech operators.
Georgia’s favorable tax regime is a significant draw — the country offers low corporate tax rates, and under certain structures, profits reinvested in the business may benefit from deferred taxation. Combined with low operating costs for office space, staffing, and legal services, Georgia provides an exceptionally cost-efficient base for crypto operations.
A pre-licensed VASP also comes with established NBG relationships, existing compliance infrastructure, and — in many cases — local banking relationships that facilitate fiat on/off ramp services.
Georgian VASPs are regulated under the Law on Facilitating the Suppression of Money Laundering and Terrorism Financing and supervised by the National Bank of Georgia (NBG). The regulatory framework aligns with FATF recommendations and incorporates international best practices for virtual asset oversight.
Key regulatory requirements include NBG registration and ongoing supervision, implementation of AML/CFT policies and internal controls, customer due diligence including identity verification for all clients, ongoing transaction monitoring and suspicious activity reporting, appointment of a compliance officer, maintenance of adequate records for a minimum of 5 years, and periodic regulatory reporting to the NBG.
Georgia’s approach balances regulatory rigor with commercial pragmatism, creating an environment that encourages innovation while maintaining standards expected by international banking partners and regulators.
Estrella maintains a portfolio of Georgian VASP companies available for immediate acquisition. Each entity comes with complete NBG registration documentation, AML/CFT compliance programs, corporate records, and financial statements.
We manage the full ownership transfer process including NBG notification, share transfers, directorship changes, and compliance program updates. Post-acquisition support is available to ensure continuity of operations and regulatory compliance.
For current inventory, pricing, and entity details, please contact our acquisitions team.
Georgian VASP acquisitions typically complete within 4–8 weeks. The process includes due diligence, share purchase agreement, NBG notification of ownership change, and corporate document updates. Georgia’s efficient bureaucratic processes generally allow for faster completions than many European jurisdictions.
Licensed Georgian VASPs can offer crypto-to-fiat exchange, crypto-to-crypto exchange, virtual asset custody and wallet services, virtual asset transfers, and advisory services. The specific permissions depend on the entity’s NBG registration scope.
Georgia offers a competitive tax environment. The standard corporate tax rate applies to distributed profits, while reinvested profits may benefit from deferred taxation under the Estonian-style tax model that Georgia has adopted. Specific tax planning should be discussed with a qualified Georgian tax advisor based on your operational structure.
Yes, Georgia welcomes foreign investment and there are no nationality restrictions on VASP ownership. Foreign individuals and corporate entities can hold 100% of shares. Directors may also be non-residents, though maintaining a local presence (registered office and compliance function) is required.
Georgian VASPs are generally priced lower than equivalent EU-licensed entities, reflecting the jurisdiction’s lower cost environment. Exact pricing depends on the entity’s registration scope, operational history, and banking relationships. Contact us for current availability and pricing.
Contact Estrella to review available NBG-supervised VASP companies. Our team provides full support from initial assessment through ownership transfer and ongoing compliance guidance.
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