.png)
The Hong Kong Business Visa is more popularly known as the "Visa of Entry for Investment as an Entrepreneur" or simply "Business Investment Visa." This in reality, denotes a non-local entrepreneurial element willing to either establish or join a business in Hong Kong. This visa provides holders with a chance to feel the many offerings of Hong Kong in terms of its dynamic economy, strategic location, and business-friendly environment. Let’s check the process for a Hong Kong business visa for Indian citizens.
Eligibility for the Visa
Detailed business plan which clearly shows how your business is viable and sustainable and proof of capital outlay sufficient for the investment and operation of your business and relevant qualifications to the sector of business your intended business will be operating in.
Application Process
1. Document Preparation
Complete Form ID 990A for the principal applicant and Form ID 990B for dependants. In the business plan outline the nature of the business, market description and projected financials. Attach proof of capital investment relevant educational and professional qualifications proof of address of the company and proof of company structure.
2. Submit Application
Send your application to the Hong Kong Immigration Department visa on-line application or by post. Ensure all documents are correct and complete to avoid delay.
3. Visa Processing Time
The processing time is estimated at 4-6 weeks, after which your application will be weighed against your submitted documents.
4. Interview
Sometimes, the mission may invite you for an interview. This interview is conducted with a view to establishing clarification on the subject business plan or in quest of further information. You must therefore be well prepared to articulate a good case for your business.
5. Issuing of Visa
Upon approval, a visa label will be issued and fixed on your passport, allowing you multiple entries to Hong Kong for business activities.
Avoid Common Mistakes
Ensure that all forms and documents required are fully filled attached. Clearly demonstrate a well-articulated business plan. Provide evidence that capital for investment and business is available.
Benefits of a Hong Kong Business Visa
Benefits on Hong Kong's location visa Mainland China and other Asian markets. Hong Kong's preferential tax policies and robust legal framework. You can enjoy cross-world class infrastructure and healthcare while running your business.
A Hong Kong Business Visa can make a big difference in terms of business opportunity. The clear understanding of what is required for the application process can go a long way in easily acquiring this much-needed visa for success in the booming business environment of Hong Kong. For more related information related to any immigration query you can visit our website oasis-india.com