The question for many people is whether it is possible to obtain Georgian residency by registering a company. The answer to this question is both positive and negative. This means that you can’t get a residence permit in Georgia alone by registering a company, but if you are the CEO or employee of your company and do the conditions described below, it is possible to obtain a residence permit. gerorgian residency To obtain residency in Georgia by registering a company, which can also be called work or employee residence, the following conditions must be met: :
1- Your company must have at least 50 thousand GEL of income approved by the tax office in the year before submitting the residence application for each foreign citizen active in the company (note that the criterion is only the company's income and expenses are not calculated in it and this report will be officially submitted by the tax office at your request within a maximum of 10 working days) gerorgian residency
2- Your salary should be 5 times more than the minimum salary announced by the government, which is a number that changes every month, but now this five times can be set at around 1200 GEL .
3- Your salary tax must be paid on a monthly basis, which is 20% of the total amount of salary, which is recommended to submit your application after paying at least two tax periods. Note: This residence is temporary and is offered to people from six months to five years, which according to the officer of the Immigration Office of Georgia, depending on the quality of your documents.
Note: It does not matter when your company has been registered so when you can achieve the minimum income approved by the tax office and you may be able to achieve this number within two months, so it should be noted that the company's age is not a legal requirement. .
Note: Please do not be fooled by profiteers who seek extra money from you, as the law is very clear and if you have complete documents You are very likely to get a positive answer.
So please be sure to consult with professional teams in this field and try to do it with the presence of a lawyer, because the slightest mistake in completing the documents can prevent you from obtaining a residence permit in Georgia by registering a company. We would also like to remind you that SisnoGroup experts are ready to provide free advice and services to you by having an experienced team in the field of immigration and residence in Georgia..