Planning to start a business in Hong Kong? The start up visa is a good option for expats who want to live and work officially in Hong Kong.
You have a brilliant business idea and you want to start a business in Hong Kong. Then Hong Kong welcomes you. They recognise entrepreneurs stimulate business and economic growth. Hong Kong wants foreigners with exceptional talents and business experience to build innovative businesses in its region.
To start a business in Hong Kong you need a Start up Visa. These are favourable for startup businesses in creative industries or innovative technology field. This allows you to start a business in Hong Kong and work towards permanent residency. Your application must have the support of recognised funding or government-backed program to get your business started. Startup visas are good for you and good for Hong Kong’s economy and local job creation.
Start up visas support start-up founders in developing and working for their business in Hong Kong. Successful startup visa holders will also have a residency permit granted for 2 years so you can move to the city to get your business off the ground. You can extend your residency permit based on the government’s employment visa scheme. But, must meet the standard requirements for acceptance.
To qualify for a startup visa, be prepared to provide detailed information. You also need to provide business plans, financial information, histories of the business founders, and any 0ther information the Immigration Department of Hong Kong requires during the application process.
This visa scheme recruits innovative foreign national entrepreneurs to start new companies to benefit Hong Kong’s economy and create local jobs. To be eligible for the startup visa, the following requirements must be met:
An entrepreneur must have the backing of a local company or individual willing to take responsibility for their repatriation if ever required. To apply for a startup visa:
Check your eligibility of the startups visa by completing a free online assessment.
Yes. You can bring your spouse and any unmarried dependents under the age of 18 under the dependent policy. You need to file independent visa applications for each family member. Some conditions may apply, such as: proof of a genuine relationship.
Visas take around 4 – 6 weeks to process after receiving all the relevant documents and information. Make sure everything is completed correctly and all supporting evidence is submitted with the application form. The Immigration Department cannot start processing an application until it receives all relevant information. Not submitting all relevant documents will result in a processing delay.Startup visas can be a complex process. Contact us if you need help.