Question Georgian company small business (payment processor)

[julseo]

Hi,

I am french, living currently in Ireland, I have an online business selling online course with my wife.
Clients are B to B and B to C from France. Maybe soon USA too.
I am looking for the small business statut in Georgia 1% (max 500k GL)
My idea is to open 1 small business each.

The problem in Georgia seems to be the payment processor. Stripe is not available here. Very annoying for B to C clients.

I saw in other thread that some people suggest to open a LLC (delware) and send after the money via wetransfer or wize.

I only want to use the other company as a payment processor for my client be able to pay by stripe.

Do you think it is possible ? Do you have other solutions to suggest ?

Thank you very much for your helps

 

[troubled soul]

Did you try PayPal,Stripe, 2Checkout , WorldPay............
May be third-party payment processor works without any problem

 

[julseo]

Hey thank you for your answer.
I had a look everywhere in Google and Stripe, paypal and others are not supported or really hard to integrate to a website.
That the reason i was looking for an alternative.
I saw this company on Google who say i can use a LLC in UK for stripe and send money after to Georgia.
By paying the profit to the georgian company of my wife (affiliate service let's say 80%) + the 20 % reinvest in marketing spend to growth.
In this case no profit for the uk company so no tax from this side for the moment.
Here what they said :
"It is possible to run your company for many years without paying corporate tax as most small business do not usually record annual profit during the first few years after incorporation."

 

[Arthur82]

Actually, there are 3 options in Georgia that we were using:
1) to use the largest Georgian banks payment processing API (Bank of Gorgia)
2) the same, to use the second largest bank payment processing API (T.B.C. Bank)
3) There is also are a startup in this field, backed by largest US investors, it's name is payze (the domain name ends on .io). It tries to develop stripe-like API for Georgian market.

I heard that 2Checkout also works with Gorgian companies, but I've never used it.

 

[julseo]

Thank you very much, i will have a look on payze.

 

[Marzio]

If you use woocommerce take a look at this: ონლაინ გადახდის სისტემები | Plug and Pay

 

[JohnLocke]

2co may indeed be a good option if they can accept your business model.

 

[julseo]

Thank you all for the help, i will have a look on all. I already contacted payze and will have a meeting with them
Also i had a meeting with a georgian tax company this morning, they told me i can use a uk ltd and use as a processor of payment service (invoice related).
The uk ltd will take 2 or 3 % on each transaction.