The enthralling business environment that is Hong Kong has become the best Launchpad for companies that want to venture into the Far East and the entire globe. The thrill of the strong financial system and great potential for growth allows investors to grow rapidly both in Asia and beyond.
To enter and do business, the investment can secure a visa that will permanently allow you to make huge profits from Hong Kong. Think of tapping the large market that is China and becoming the ultimate exporter of tech products from Hong Kong. The best way to do this is getting an investment visa. However, before the business visa can be approved, you need to do the following five things.
Incorporate a company in Hong Kong
The immigrations department requires that all of those applying for business visa Hong Kong have incorporated companies.
The company incorporation must be done according to company’s ordinance. Note that though this is the first step in seeking the business visa, the company should rhyme well with the new requirements for the business profile in the visa application.
For example, if you present a profile that appears to conflict with the previous company incorporated in Hong Kong, there is a risk of the Visa being declined. However, if your current business back at home rhymes well with the company you incorporated, and matches with demand for growth during the visa business plan presentation, the visa will be approved.
Prepare a comprehensive business plan
The main reason for coming up with a business visa Hong Kong was to ensure that new investors can come and support the economy. This can only be demonstrated using a comprehensive business plan presented to the immigrations department.
The plan must be prepared appropriately after proper market review, competitors’ analysis, proper market research, and development of the right entry plan. Using the plan, the immigrations department must not be left with any doubt about the business, how it will operate, and the impact to expect on the economy.
In many instances, drawing the business plan has been the biggest challenge. As opposed to trying to draw the plan on your own, it is advisable to consider seeking the assistance of an expert.
The figures should be factual, recent, and demonstrate the immense potential for the business to keep growing.
Contract the righty agency for help
No matter how you look at it, getting a business visa Hong Kong is an uphill task. The entire process of drawing the plan, carrying comprehensive market research, and a two-year profit & loss account can lower the chances of getting the visa approved.
You can, however, raise the chances of getting the visa approved by contracting the right agency such as the VisasHK that has a lot of experience.
The agency is run by experts who will help you avoid all the mistakes that previous applicants made to get the application successful. With the right agency, you can rest assured of getting the business visa approved in the first attempt.