Hong Kong is one of the most business-friendly cities in the world. The transparent and straight-forward immigration policy for Visa application attracts Entrepreneurs to invest in Hong Kong. If you would like to start your business and intend to actively involve to your daily business in Hong Kong. Then, you have to apply for an Investment Visa (Entrepreneur Visa).
In order to obtain an Investment Visa smoothly, you should prove the following:
- You are the sole or majority shareholder of the Hong Kong Company. And you are the Significant Controller.
- Your business is benefiting Hong Kong Economy locally.
- You have sufficient funds to support your business.
What are the main concerns from Immigration Department on Entrepreneur Visa?
- No criminal records
- Having actual business activities in Hong Kong
- Established an office premise
- Local hiring
- Having sufficient fund
You should submit documentary proof showing the amount of capital to invest in Hong Kong including invoices, contracts, agreements, expenses, suppliers and clients email communications…etc. The best way to demonstrate that is to open up a Hong Kong Limited Company Bank Account and inject business funds into the account. However, Hong Kong has no minimum capital injection requirement to businesses. As long as the funds shown are sufficient to support yourself and the business in Hong Kong. Also, a financial forecast of business incoming and outgoing transaction flow is needed, in order to allow the immigration officers to visualise if your business will be sustainable and benefitting Hong Kong or not.
For further information, please contact us.
You may want to read: INVESTMENT VISA