The analysis should focus on the actual functions performed, the services offered to clients, the movement of funds and virtual assets, and the control model — not only on how the company describes itself.
Legal services in Georgia
Crypto, VASP and Virtual-Asset Regulation in Georgia
A virtual-asset project must be analysed by what it actually does, not only by the company’s stated business activity. We assess the service model, regulatory perimeter, governance, AML/KYC obligations and the documentation needed for a compliant Georgian structure.
Virtual-asset model
Assessment of how the business’s actual functions fit within the regulatory framework.
AML/KYC framework
Legal coordination of compliance duties, internal documents and operational processes.
Regulatory process
Support with documentation and communication linked to Georgian regulatory requirements.
Crypto and VASP legal services
- Legal analysis of the business model
- Legal support for VASP registration
- Coordination of AML/KYC policies and procedures
- Corporate and governance documentation
- Customer and provider agreements
- Assessment of regulatory compliance
Classifying the activity
The first task is to establish what the company actually does: exchange, transfer, custody, a virtual-asset platform or another model. The legal requirements must be tied to the real operational functions rather than to marketing language.
Documents and internal controls
We work on corporate documents, allocation of responsibility, customer terms, provider agreements and compliance documentation so that the different parts of the legal framework are internally consistent.
International founders
We help foreign founders understand the Georgian legal environment, the local company structure and the practical regulatory requirements that apply to their business model.
Questions & Answers
Questions about VASP and virtual-asset regulation
How do I know whether a business model falls within VASP regulation?
What should I prepare for a legal review of a crypto business?
A business-model diagram, service description, customer journey, movement of funds and assets, key counterparties, technical roles and any existing corporate or compliance documents are useful starting points.
Can you support the legal side of AML/KYC documentation?
Yes. The work may include analysing legal requirements, coordinating internal policies and contractual documents, and checking whether the documented process matches the real operating model.
Is registering a Georgian company enough to conduct crypto activity?
No. Incorporation alone does not answer the regulatory question. The specific activity, any required registration or approval, compliance framework and operating requirements must be assessed separately.
Can you work with foreign founders remotely?
Yes. Much of the business-model and document review can be handled remotely, while the corporate and regulatory steps that must be completed in Georgia are planned separately.
Are you planning a VASP or crypto business in Georgia?
Describe the business model, services, client types and flow of funds or assets. We will use that to identify the regulatory, AML/KYC and corporate issues that need to be addressed.
Assess the business model