Why To Set Up An Asset Management Company in Georgia?

1. Why To Set Up An Asset Management Company in Georgia? Are you into the complex business of asset management? Is your business getting impacted by the changing dynamics of global economy. If the answer to these questions is yes then you need to turn a new leaf and possibly look for an investment friendly destination. It is true that many economies in the world are beset with factors leading to economic downturn. These include lack of exports, low demand for manufactured goods, inconsistencies in government policies, lack of structural reforms, low tax to GDP ratio, and others. An asset management company or any other for that matter can only prosper in a business friendly climate. Moreover, since such companies deal with capital markets and financial instruments available thereof, the smooth running of the latter is a must. As a country Georgia scores highly in these aspects. It belongs to the top tier group of countries as far as investment friendly destinations are concerned. In fact, credible agencies like the World Bank stand testimony to this assessment. Does this mean as an astute businessman operating in the asset management domain, you should consider Georgia as an investment destination? The answer is an overwhelming yes.

2. Why So? Well, read the following factors that support this hypothesis.  A stable democracy following free market economic policies  Consistent government policies that support investment  Investment free zones with tax holidays and other concessions  A skilled workforce  A convenient time zone that supports businesses in US and Europe  Gateway to Europe and Asia with free trade agreements signed with many countries What Needs To Be Done To Set Up An Asset Management Company In Georgia  Get registered as a Joint Stock Company or a Limited Liability Company by having an initial capital of 50,000 Gel, the Georgian currency  Submit investment certificates of clients to the National Bank of Georgia. Provide proof of non conviction for each member of the board  Provide information about shareholder(s) having the majority stake  Details of experience and education about members of the administrative board  Show certificate of incorporation and article of association  Proof of license fee paid Factors To Keep In Mind When Dealing With Investors Once you set your foot in Georgia and start dealing with the financial assets of investors through instruments like derivatives, options, futures, bonds, equities, and securities, you should be careful about parking of funds. In fact, your decision to invest in the corpus of funds such as pension, hedge, retirement or mutual would need a thorough market research. It is always better to diversify your investment portfolio instead of concentrating in a few. Of course, you have take the risk appetite of clients while deciding on the same. Thus, upon compliance of the above mentioned requirements you can set up an asset management company in Georgia. Take advantage of its liberal economic policies and a robust growth rate. Get success by helping your clients with sound investment decisions. Source: http://www.kaukapital.com/2017/09/12/set-asset-management-company-georgia/ Kaukapital Address: Lisi Veranda, Phase 3, Building B4, 0159 Tbilisi, Georgia Phone: +995 322053758 Email:info@kaukapital.com Website: http://www.kaukapital.com