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Intra-Company Transfer Business Plan

Intra-Company Transfer Business Plan

Intra-Company Transfer Business Plan

Bsbcon has a successful track record in preparing such business plans for international clients seeking work permits for intracompany transferees. We have expert knowledge of the International Mobility Program requirements. We will provide a unique business plan that meets all the IRCC requirements and thus contributing to a successful work-permit application.

Bsbcon has a successful track record in preparing such business plans for international clients seeking work permits for intracompany transferees. We have expert knowledge of the International Mobility Program requirements. We will provide a unique business plan that meets all the IRCC requirements and thus contributing to a successful work-permit application.

Canada’s International Mobility Program

Canada’s International Mobility Program has a special work permit scheme for international companies who wish to transfer senior or specialist employees to work in Canada for periods up to 1 year (with potential for renewal up to seven years for executives and senior managers, and five years for specialized knowledge workers).

This program allows international companies to temporarily transfer qualified employees to Canada with a goal of improving management effectiveness, expanding exports and enhancing competitiveness in international markets.

The Canadian government is focused on increasing the effectiveness of operations, and the competition of Canadian industry; therefore, the application must show how the nominated employee will have a significant positive effect on the company’s management, operations, and subsequently increase competitiveness.

Furthermore, guidelines from Immigration, Refugees and Citizenship Canada (IRCC) state that international companies establishing their first presence in Canada must provide a “realistic” plan for the staffing and operation of the start-up business.

The Benefits of an ICT Business Plan from Bsbcon

A professional Intra-Company Transfer Business Plan from Bsbcon will support and strengthen your work permit application for your nominated employee and, on approval, allow the transfer of knowledge and experience that will boost the performance of your Canadian operation.

Our deep experience, coupled with our expertise in Canada’s International Mobility Program will maximise your chances of a successful application.  Contact us today to discuss your particular needs. We will be happy to answer your questions and provide a customized quote.

The Benefits of an ICT Business Plan from Bsbcon

A professional Intra-Company Transfer Business Plan from Bsbcon will support and strengthen your work permit application for your nominated employee and, on approval, allow the transfer of knowledge and experience that will boost the performance of your Canadian operation.

Our deep experience, coupled with our expertise in Canada’s International Mobility Program will maximise your chances of a successful application.  Contact us today to discuss your particular needs. We will be happy to answer your questions and provide a customized quote.

The Intra-Company Transfer Business Plan from Bsbcon

An Intra-Company Transfer (ICT) Business plan from Bsbcon will cover all the requirements of the program and maximise your chances of a successful application. The completed plan will be customized to your company and presented in a professionally produced format.

Click on this link to view a sample immigration business plan

All plans are writing for the specific needs of the client, but a typical ICT Business plan would include the following sections:

This section is key to a successful application under Canada’s International Mobility Program. This is what the government officer will read first. It will demonstrate concisely and in a professional format that you have understood all the requirements for the program. The body of the plan will demonstrate in detail how you meet those requirements.

This opening section will describe the background of the parent company and its international expansion. Reference will be made to the financial strength of the company and any track record of successful international expansion to other countries.

In this section, we explain the nature of the business relationship between the parent company and the entity in Canada. We specify the location of the business in Canada (actual or proposed) and how many staff are employed. There will be an analysis of the business sector the company occupies, with a description of products and/or services supplied and to which target markets.

This important section will not only set out the overall management structure but must identify the specific role that the proposed transferee will take as either an executive, senior manager or employee with specialized knowledge.

Particularly for start-up companies, there is a requirement to include a ”realistic” plan for staffing and recruitment to the Canadian subsidiary.

There is a requirement to show that the Canadian company will be an operating business and not merely a “shell” company. This section will outline the needs of the company in terms of capital goods and premises. Existing investment will be highlighted. A section on purchasing and distribution may be included, if relevant.

This section will demonstrate the financial strength of the business and its potential as a profitable contributor to the Canadian economy. Typically it will include profit and loss projections and a balance sheet.

Start-Up Company Requirements

If the international company plans to establish its initial presence in Canada, IRCC requires some specific information about the company, its financial standing and its plan for the Canadian operation. These requirements include:

When transferring a specialized knowledge worker, the company must:

  • Demonstrate that it is expected to be doing business.
  • Ensure that work is guided and directed by management at the Canadian operation.

When transferring, the company must:

  • The company must secure physical premises to house the Canadian operation or at minimum (in specific cases) have a plan to purchase or lease premises
  • The company must furnish realistic plans to staff the new operation.
  • The company must have the financial ability to launch their business in Canada and pay employees (complying with all Federal and Provincial wage regulations)

When transferring executives or managers, the company must:

  • Demonstrate that it will be large enough to support executive or management function.

Eligibility Requirements for Intra-Company Transfer Candidates

Under the Intra-Company Transfer Program, candidates must apply for a work permit under general provisions. IRCC guidelines say that Intra-company transferees may apply for work permits if they meet the following criteria:

  1. They are currently employed by a multi-national company and seeking entry to Canada to work in a parent, a subsidiary, a branch, or an affiliate of that company.
  2. They are transferring to a business that has a qualifying relationship with the business in which they are currently employed, and will be undertaking employment at a legitimate and continuing establishment of that company.
  3. They are being transferred to a position in an executive, senior managerial, or specialized knowledge capacity.
  4. They have been employed continuously by the company that plans to transfer them to Canada in a similar full-time position for at least one year in the three-year period immediately preceding the date of initial application.
  5. They are coming to Canada for a temporary period only.
  6. They comply with all immigration requirements for temporary entry.

You should consult with a registered immigration consultant to establish eligibility for this scheme. Programs may change at any time. These eligibility criteria are reproduced for general information only and should not be relied upon for any immigration application.

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