Yes — that's the base model. Founder is a foreign legal entity (or an individual as an exception), director and UBO are foreigners. Corporate documents need an apostille and a notarized Georgian translation. Director identification for the bank: a one-day visit to Tbilisi, or remotely by notarized power of attorney.

All payments run through the licensed provider with a native MCC 7995 merchant account — Visa/Mastercard gambling processing through a bank gateway and PSP. Integration in three variants: hosted payment page, embedded Card.js, or H2H API for PCI DSS merchants, with API-key auth, callbacks, 3D Secure, and a sandbox-to-production path. Settlement in USD/EUR, T+1–7. The client's company holds its own corporate accounts and online banking; after onboarding, PSP merchant-account access is handed to the client. Final rates and limits are confirmed by an offer after pre-screen — region, planned volume, player nationality.

14–30 days is the benchmark to the provisional certificate, with audit and integration running in parallel. The provisional certificate is sufficient for tax registration, so you operate legally while the final license (statutory up to 3 months) is processed. Every client gets a written roadmap with stages, dates and owners after a qualification call, NDA and questionnaire — with timely documents, the timeline is fixed contractually.

5% gaming tax on GGR, 1% regulatory monitoring fee, a flat license fee of GEL 100,000 per category per year, 15% corporate income tax only on distributed profit (0% while reinvested), and 5% withholding tax on dividends — reduced under applicable double-tax treaties, calculated per the owner's structure and country. Operators are VAT-exempt with right to credit (Art. 171, Tax Code of Georgia).

In minus Out in game, including freespins, bonuses and cash. Jackpots count as Out. Cancelled transactions receive cancellation status with the regulator. Currency conversion at the National Bank of Georgia rate. Both the 5% tax and the 1% monitoring fee are fixed for the full license term and cannot be changed unilaterally.

The regulator requires platform, provider and RNG certification by an accredited laboratory; for third-party providers — copies of their licenses and RNG certificates issued for Georgia or non-jurisdiction. Games already in the regulator's catalog need no re-certification. New titles: GEL 120 (~$55) within 10 business days, GEL 350 within 5, GEL 600 next-day. Re-certification is only triggered by changes to critical components (RNG, RTP) or platform replacement.

Full KYC of founders, director and all UBOs happens at bank account opening, against a defined checklist. Owner screening covers UN, EU, OFAC, UK and Georgian lists, with a PEP/sanctions declaration and source-of-funds confirmation (financial statements, tax declarations). Player checks follow Ministry of Finance Order N43; operators connect to the state SDA registry to exclude Georgian citizens and minors.

Not yet — amendments to the electronic-GEL law are in progress, and we sell crypto capability only once it enters into force. Georgia's regulatory direction supports digital-asset rails for licensed operators, tested first in the regulator's live sandbox. Early license holders help shape the framework.

No. Under the current framework there is no minimum headcount, no mandatory office, and no residency obligation. Required by law: a director (no presence needed), a legal address, and backup server infrastructure in Georgia. Presence is your decision.

No. The law excludes players with Georgian citizenship entirely — the only restriction the license imposes. This ring-fence keeps the jurisdiction politically stable and internationally credible.

A Georgian license adds what those cannot: national-law legitimacy, working banking, native MCC 7995 processing, and fixed, predictable costs frozen for 5 years. Most operators run it as their primary.

The law sets 30 days for review and 30 days to remedy findings. Fees are non-refundable only if the operator declines to remedy audit findings within the statutory period. Repeat audits after critical platform changes: GEL 35,000 per vertical.

One license covers one domain. Each additional brand requires its own license. GISG support stays flat at $4,500/month per license, regardless of how many categories you open. Portfolio terms available for 5+ brands.