Startup Visa Programs represent an innovative immigration opportunity aimed at attracting technological and innovative businesses to Georgia. However, Georgia does not have a separate "Startup Visa" per se; instead, startuppers use work residence or individual entrepreneur status, enhanced by "Virtual Zone Person" or "International Company" status. These statuses offer huge tax benefits (0% corporate tax on IT services, 5% income tax). Our service helps startuppers obtain these statuses, structure their company correctly, and secure residency for founders.
What Does the Startup Visa Service Cover?
The service covers all legal steps necessary for the startup ecosystem:
- Startup Registration: Founding the company and tailoring the charter to investor requirements (Vesting, Shares).
- Special Tax Statuses: Preparing applications for "Virtual Zone Person" or "International Company" certificates at the Revenue Service and Ministries of Finance/Economy.
- Residence Permit: Obtaining residency for founders and team members based on employment or business.
- Intellectual Property Protection: Registering code, brand, and inventions (Sakpatenti).
- Banking Support: Assisting tech startups in opening bank accounts.
Real-World Situations When You Need This Service
Startuppers face the following challenges:
- International Company Status: A foreign IT startup wants to relocate its team to Georgia and benefit from 5% income tax. The lawyer prepares documentation proving 2 years of experience.
- Lack of Turnover: The startup has no revenue yet but has investment. Proof of turnover is needed for residency. The lawyer helps correctly declare funds (investment vs. revenue).
- Co-founder Visa: One co-founder is a foreigner and cannot open an account. Legalization via appointment as director is needed.