Which consulting businesses may be considered?
Consulting companies can cover management, strategy, logistics, engineering, marketing, recruitment, technology implementation, research and other professional services. The bank evaluates the exact work rather than the label. Regulated legal, financial, investment, tax, audit or licensing-sensitive advice must be identified correctly and may require evidence of authority or may fall outside a bank’s appetite.
Explain who performs the service, what problem is solved, what the client receives and how the fee is calculated. A credible description distinguishes advisory work from agency, brokerage, money transmission, sales representation or commission-based intermediation. Those models create different payment and compliance questions.
A Georgian LLC with foreign owners may apply even when clients are abroad, but it should explain why Georgia is relevant to the company’s management, operations or regional plan. The bank alone decides whether the proposed relationship fits its policy.
Demonstrate the consultants’ professional capability
Because consulting is intangible, founder and team experience matters. Provide concise professional biographies, relevant employment history, project examples, qualifications and industry knowledge. The objective is not promotional prestige; it is evidence that the company can genuinely deliver the services it invoices.
If delivery depends on subcontractors, identify their roles, countries and payment terms. Clarify whether the company has employees, independent specialists or partner firms. A single-founder consultancy can be entirely legitimate, but projections and project capacity should reflect one person’s realistic workload.
Where a consultant moves an established client portfolio into a new Georgian company, explain the transition openly. Prior contracts, reference letters, previous invoices or tax records can support continuity, while new contracts should name the new entity correctly.
Use contracts that describe real deliverables
Consulting agreements should identify scope, deliverables, term, fee, payment schedule and parties. Broad wording such as “general business support” can be supplemented with proposals, work orders, reports, meeting schedules or milestone descriptions that make the engagement understandable.
Retainers, hourly fees, project fees and success-based components should be separated. If the company earns commissions for introductions or completed transactions, identify the underlying commercial activity and counterparties. Hidden brokerage language can undermine trust when incoming payments do not match the declared advisory model.
Confidentiality does not normally justify providing no evidence. Sensitive commercial details may be handled carefully, but the bank may still need enough information to understand the client, jurisdiction, service and payment purpose.
Map cross-border consulting payments
State the expected number and size of monthly invoices, currencies, client countries, subcontractor countries and operating expenses. Consulting revenue is often concentrated in a few clients; name major counterparties when known and explain the pipeline for projected clients.
The bank may question payments from entities that are not named in the contract, reimbursements without receipts, large round-number transfers, rapid onward payments or activity involving countries outside the declared model. Build a transaction table connecting each expected flow to its contract and supporting document.
If customers pay through a group treasury company, platform or agent, explain the relationship and settlement arrangement. Third-party payment patterns should be disclosed before they appear on the account.
Choose the correct personal or corporate structure
Company consulting revenue belongs in the corporate account. Using a founder’s personal account for invoices, subcontractors or business expenses can create accounting and KYC problems. The company should sign the engagement and issue the invoice when it is the service provider.
A consultant may also operate as a Georgian Individual Entrepreneur in appropriate circumstances. That is a legal and tax structure separate from an LLC and should be evaluated before contracts are issued. BankAccount.ge assists with banking preparation but does not replace individual tax advice.
For multi-company groups, identify which entity contracts with clients, which employs staff and why fees move between related companies. Management charges require agreements and a defensible allocation method.
Prepare ownership, income and source-of-funds evidence
Banks identify directors, shareholders, signatories and ultimate beneficial owners. Each relevant person may need passport, address, tax residence, occupation, statements and source-of-wealth evidence. A simple ownership chart should show control through every corporate layer.
Initial capital or shareholder loans should be traceable to the real contributor. Established consulting revenue can be evidenced with statements, tax records, contracts and invoices. A newly formed company should explain startup funding and when customer receipts are expected.
Projected turnover should fit contract values, team capacity and the founders’ history. Avoid both exaggerated forecasts and artificially low estimates. The bank needs a realistic first-year range and an explanation of possible growth.
Activities that require additional care
Political consulting, lobbying, public procurement, defence, gambling, crypto, financial promotion, investment advice, tax structuring and services connected to sanctioned or high-risk markets can require enhanced review or may not be acceptable. Describe the exact service before paying for certification or travel.
Consultancies that handle client money, collect sales proceeds, receive deposits or redistribute funds may be functioning differently from an ordinary adviser. The bank will assess whether licensing or additional controls are relevant. Do not route client funds through the company merely for convenience.
A prior account closure or declined application should be disclosed during feasibility review. It does not automatically determine the result, but it may affect bank selection and the evidence required.
Tbilisi, Batumi and remote corporate opening
For a clear company with an authorised representative in Tbilisi, our standard corporate assistance fee starts from €300. We prepare the company and UBO profile, coordinate the bank visit and help answer follow-up compliance questions. Bank charges and third-party document costs are separate.
A Batumi appointment may be coordinated by prior arrangement when the branch and specialist route are suitable. Tbilisi normally provides the broadest corporate access. A remote application can be assessed individually and may require certified corporate documents, a bank-specific PoA and video KYC.
Preparation improves clarity but cannot guarantee an account, timeline, card or transfer capability. The licensed bank retains full discretion throughout onboarding and ongoing monitoring.