You may be a director, shareholder or an employee of a company which is not incorporated in Hong Kong but thinking about the possibility of setting up shop here.
The answer is very much a case of “it depends”:
- It depends if the entity has organised itself to carry on a business here by registering with the Registrar of Companies as a Part Eleven company and secured a business registration certificate from the Commissioner of Inland Revenue.
- It depends on what the Immigration Department make of the legal and financial constructs of that enterprise when assessing the overseas’ company’s credentials as a valid sponsor of visa permissions for foreign national staff, officers and shareholders.
- It depends on whether or not the proposed business activity bringing the foreign corporation to Hong Kong will be able to make a substantial contribution to our economy.
- And it depends on the business need for, and the special skills, knowledge and experience of, the foreign national proposed for sponsorship of Hong Kong employment or investment visa permissions.
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