Can you help open a bank account?

After receiving your company formation documents, you may apply directly — yourself — to the banks, financial institutions, or fintech platforms available in your chosen jurisdiction, subject to each provider's own terms and requirements. Our services are limited to assisting with company formation and providing the official incorporation documents. We do not open bank or financial accounts on behalf of clients, do not represent clients before banks, and do not provide any regulated financial services. All bank or financial account applications are subject to independent review and approval by the relevant bank or financial institution.

How long does company formation take?

Formation time varies by country. UK and Estonia take 1-2 business days. USA, Singapore, and Hong Kong take 3-5 days. UAE and Panama may take 5-10 days. We notify you at every step.

Do I need to travel to the country?

No! The entire process is 100% digital. You submit documents online, we handle everything remotely. No travel required for most jurisdictions.

What documents do I need?

Typically a passport copy, proof of address, and a personal photo. Some countries may require additional documents. Our wizard guides you through every requirement.

What currencies can I pay in?

We accept USD, EUR, GBP, AED, SAR and more. Payment methods include credit card, bank transfer, crypto (USDT/BTC/ETH), and PayPal.

Is my information kept confidential?

Absolutely. All data is encrypted and stored securely. We comply with international privacy standards and never share your information with third parties.

Georgia Virtual Zone: 0% Tax for IT Companies — Full 2026 Guide

How Georgia's Virtual Zone status works, who qualifies, and why it's become the secret weapon for global IT entrepreneurs.

What is Georgia's Virtual Zone?

Georgia's Virtual Zone (VZ) is one of the world's most powerful tax incentives for technology companies. IT businesses registered in Georgia's Virtual Zone pay 0% corporate income tax on revenue from foreign clients — making it arguably the best jurisdiction for international IT companies looking to minimize taxes legally.

Who Qualifies?

To obtain Virtual Zone status, your company must:

Be registered in Georgia (LLC or IE)
Provide IT services (software development, SaaS, cybersecurity, IT consulting, etc.)
Generate income primarily from clients outside Georgia
Have a Georgian bank account and local presence

The Tax Benefits

0% Corporate Income Tax on foreign-source IT revenue
0% VAT on IT services exported to foreign clients
5% Withholding Tax on dividends (reduced or 0% with treaties)
Standard 20% personal income tax applies to Georgian residents

Why Georgia Specifically?

Georgia combines the Virtual Zone tax advantage with:

Incredibly fast and cheap company formation (1-2 days, ~$400 total)
Easy banking (TBC Bank, Bank of Georgia)
No foreign exchange controls
No minimum capital requirements
55+ tax treaties in force
Cost of living ~70% cheaper than Western Europe

Comparing Georgia to Other Low-Tax IT Jurisdictions

While Estonia's e-Residency is popular, Estonia charges 20% on distributed profits. Cyprus charges 12.5% corporate tax. Georgia's Virtual Zone offers a compelling 0% rate with lower operational costs than both.

CORPYO Georgia Formation Package

CORPYO forms your Georgian Virtual Zone company in 1-2 business days, including LLC registration, Virtual Zone application, and registered address — all for a fixed, transparent fee.