Who Can Qualify for Virtual Zone Status License
How to get the status of Virtual Zone Status for business and who is eligible:
The Status of the Virtual Zone is a license to carry out IT business activities in a Virtual Zone.
Status of Virtual Zone Person can be granted to an IT company registered in Georgia.
The status is granted to a legal entity involved in the creation of the computer software such as: the study, support, development, design, production and implementation of computer information systems etc.
Your IT business area should be within the range defined in the NACE list under the codes:
J62 - Computer programming, consultancy and related activities
J62.0 - Computer programming, consultancy and related activities
J62.0.1 - Computer programming activities
J62.0.2 - Computer consultancy activities
J62.0.3 - Computer facilities management activities
J62.0.9 - Other information technology and computer service activities
and / or
J63 - Information service activities
J63.1 - Data processing, hosting and related activities; web portals
J63.1.1 - Data processing, hosting and related activities
J63.1.2 - Web portals
J63.9 - Other information service activities
J63.9.1 - News agency activities
J63.9.9 - Other information service activities n.e.c.
and / or
M73 - Advertising and market research
M73.1 - Advertising
M73.1.1 - Advertising agencies
M73.1.2 - Media representation
M73.2 - Market research and public opinion polling
M73.2.0 - Market research and public opinion polling
as defined in Statistical Classification of Economic Activities in the European Community list NACE.
The director of the company and shareholder can be any foreigner.
The director of the company and shareholder is not required to stay and live in Georgia and can manage the company remotely. Anyhow involvement of IT developers and support personal working from Georgia and rent of the office is recommended.