Permit Information

• PERMIT_POSTED_BY: admin
• PERMIT_POSTED_ON: Nov 13, 2024
• Views : 73
• Category : Europe » Southern Europe » Italy
• Description : The Start-Up Visa for Italy is designed for international entrepreneurs aiming to establish an innovative, high-tech business in Italy. This guide details eligibility, requirements, and procedural steps for applying for the visa and residence permit, making it easy for entrepreneurs to settle and develop their business in Italy with Joombaah’s assistance.
• Phone : (+39) 02 36 63 86 10
• Email : milano@lexia.it
• Website : https://www.italianvisa.it/it/visto-start-up/

Overview

• Start-Up Visa for Innovative Entrepreneurs in Italy: Application Guide
  
  

  Introduction
  Italy's Start-Up Visa program is aimed at entrepreneurs and innovators who want to build a cutting-edge business in Italy while establishing residency. Designed for founders and innovative thinkers, this visa enables entrepreneurs to develop new, high-tech businesses in Italy with the support of venture capital, incubators, or personal funds.

  Eligibility Requirements
  To qualify for the Start-Up Visa, applicants and their businesses must meet the following conditions:

  1. Business Type: The business should be an S.r.l. (Limited Liability Company), S.r.l.s. (Simplified Limited Liability Company), or S.p.a. (Joint Stock Company) registered in the special section of the Italian Register of Companies.
  2. Innovation Focus: The core business must revolve around innovative, high-tech products or services.
  3. Establishment Timeline: The company should have been established within the last 60 months.
  4. Turnover Limit: The annual turnover must not exceed €5 million, and no dividends should have been distributed.
  5. Independence: The business should not result from a merger, demerger, or transfer of assets from an existing company.
  6. Additional Criteria: The business must meet at least one of the following:
     • At least 15% of expenses allocated to R&D.
     • A team composed of at least one-third doctoral graduates, researchers, or, alternatively, two-thirds with master’s degrees.
     • Hold a patent, industrial property rights, or original software rights registered in Italy.

  Main Requirements for Start-Up Visa Application

  1. Project Proposal: A detailed start-up business plan, including business model, products or services, technological aspects, and target market.
  2. Financial Capital: Proof of a minimum of €50,000 in capital to fund the business.
  3. Accommodation: Evidence of available accommodation in Italy.
  4. Income: A tax return showing at least €8,500 income from the previous year.
  5. Professional Background: Evidence of relevant professional experience or expertise related to the business.

  Step-by-Step Application Process

  1. Nulla Osta Request: Submit a request for the Nulla Osta to the Italian Start-Up Committee.
  2. National Visa Application: Apply at the Italian Consulate in the applicant's country of residence.
  3. Entry and Residence Permit: Upon arrival in Italy, apply for the residence permit within 8 days at the Police Headquarters.
  4. Biometrics: Register fingerprints at the Police Headquarters.

  Validity and Renewal
  The Start-Up Visa is valid for one year initially and is renewable under similar conditions. After five years of continuous legal residence, applicants may qualify for a permanent residence permit.

  Processing Time
  The entire process typically takes around two months from the submission of the application to receiving the visa.

  Joombaah’s Comprehensive Support
  Joombaah offers full assistance throughout the application journey, including:

  • Guidance in preparing necessary documents and submitting Nulla Osta
  • Support with visa application at the Italian Consulate
  • Assistance with residence permit and navigating procedural steps in Italy

  If you're ready to start your journey, contact Joombaah for expert support in obtaining your Italian Start-Up Visa and setting up your business in Italy.

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