The field of activities of a brokerage firm in Georgia

  • Direct consultations with investors regarding investments, including the price of securities, investment in securities, purchase and sale of securities in the foreign currency transactions.
  • Carry out research on financial instruments and their issuers and provide recommendations for the results of this survey and/or investment strategy.
  • Consult the issuers with the issuance of securities and attract investments.
  • Prepare and carry out issuer securities on a non-guaranteed basis.
  • Accept and transfer customer orders in respect of securities, with the securities’ funds to deal with securities for their interests.
  • Manage the clients, including pension schemes, investment portfolios and funds allocated for securities transactions.
  • Carry out the deposit and account of the investment funds and/or securities of the clients, as well as the nominal owner of the securities; To this end, the clients will have to pay cash and securities accounts and conduct operations on them.
  • Carry out securities transactions in their own interest with their funds.
  • Prepare and carry out issuer securities on a guaranteed basis.
  • To lend customers and to borrow securities, and to use their funds to buy securities for clients, participate in “short sales” defined by the National Bank of Georgia.
  • Carry out the currency purchase.
  • Perform other transactions with financial instruments, shares of entrepreneurial community or other powers as defined by law.
  • The paid up capital requirement of 500K Gel.

Requirements to Get a Brokerage License

  • Passport of the directors and shareholders, name of the company, residential addresses of the directors and shareholders, and email of the company.
  • Produce CV and a certificate of no criminal record.
  • Certificates of Educational Qualification and Experience.
  • No taxes apply if you reinvest the money.
  • If you get special status, you are exempted from paying corporate tax on incomes originating out of Georgia.
  • Submit the auditing accounting report quarterly to the national bank and the monthly accounting report to the tax service.
  • The paid up capital should be paid before submitting the application.