Are you considering applying for a Startup Visa? A good visa option for those with a STEM background who want to establlish an innovative startup company in Italy.
Innovative is a company whose business model is characterised by a strong technological character and with has an exclusive or prevalent corporate purpose the production, development and marketing of innovative goods or services of high technological value.
✓ have documented proof of financial resources (at least € 50,000 to be used for the sole purpose of establishing and operating the startup (at least € 100.000 for joining an existing startup);
✓ Write and submit a detailed business plan for a company having as core business the development, production and commercialization of innovative goods or services of high technological value
✓ The new startup business must must be a limited company, based in Italy and incorporated under Italian law
✓ (i) either 30% of the Company’s costs are related to Research & Development, or (ii) at least one third of the Company’s team is made up of people who either hold a PhD or are PhD candidates at an Italian or foreign university or have conducted research for at least three year, or (iii) the Company is the owner or the licensee of a patent registered with the Società Italiana degli Autori ed Editori (Italian Society of Authors and Publishers — SIAE
If the application is approved …
next steps are:
Italy’s Startup Law has set up a vast range of tools to help entrepreneurs establish their own innovative business, including:
Attorney at law.
One of the leading corporate immigration lawyers in Italy. Admitted to the Milan Bar Association (1988) and to the Taipei Bar Association (2016), a member of the American Immigration Lawyers Association (AILA) and an accredited partner of Invest in Tuscany.
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