Success Story: Immigrating to Canada with an ICT Work Permit
ICT Approvals - Case Analysis - March 2021
Education: Major: Chinese Medicine; Degree: Chinese Bachelor Degree
Work Experience: 17 years’ senior management experience
Family Member: Applicant Only
This client is the owner of an internet company in China. As he does not meet the requirements of the Federal Skilled Worker Program, he has to accumulate work experience in Canada via an ICT work permit. He will then be qualified to immigrate to Canada through a Provincial Nomination Program.
We initially registered a subsidiary business in Canada and drafted a well-rounded business plan for the client.
The client then prepared all the essential documents according to our personalized checklist. We provided sufficient support to solve all his concerns during this process. At the same time, we helped the business lease a virtual office and prepared all the operation-related documents.
Unfortunately, the case was refused after one month of submission.. The refusal reason is that the immigration officer does not believe the parent company is financially available to support the establishment of the Canadian subsidiary.
An ATIP (Access to Information and Privacy) request usually takes around 1 month. Since We were very confident about the parent company’s financial status, we submitted a second application directly by skipping the ATIP request.
In the second application, we emphasized the financial strengths of the parent company, and received a positive decision within one month.
Business Type: Internet Company
Years of Operation: 10 years
No. of Employees: 27
2020 Revenue: nearly 7 million CNY (Approx. 1.3 million CAD)
2020 Net Profit: 300,000 CNY (Approx. 58,000 CAD)
Has 10 years of operation and a physical premise.
Has a good number of employees and revenue
Has certain advantages in applying for the work permit as an innovative internet company.
Has already hired 1 Canadian employee due to business needs.
According to the financial statements, the business only began to make a profit in 2020.
Since the parent company has been incurring losses in recent years, it is hard to prove it is financially sufficient to establish a subsidiary company in Canada. To conquer this,, we, at first, developed a personalized business plan after an in-depth analysis of the company as well as the entire industry. Secondly, we dug deeper into the parent company’s financial as well as operational status, which includes, but not limited to, ways of expenditure and resources of revenue. By strengthening the growing revenue and reasonably explaining the losses, we helped our client successfully obtain an approval for the work permit.
“I have successfully obtained the approval letter for my ICT application. Thank you for Anna, Joe and Sean! Although it was during the COVID-19 epidemic, we always stay in touch. They answered every question and gave advice. They are patient, professional, and efficient. I will recommend it to everyone who needs it.”