Intra Company Transfer Canada Business Plan – Your Complete Guide
The Intra Company Transfer Canada (ICT visa) Work visa Program enables multinational companies to transfer their overseas employees to Canada and receive a work visa. Obtaining an ICT Canada Visa is a popular route for foreign workers to move to Canada. Under the intra-company transfer program, an employee may be eligible to obtain a Canadian work permit if his employer has a Canadian affiliate, parent business, or subsidiary.
What is an Intra Company Transfer Canada?
Under the intra-company category, international businesses may temporarily transfer skilled workers to Canada to improve management efficiency, enhance exports from Canada, and strengthen their competitiveness abroad.
As an employer, imagine you would like to temporarily relocate a foreign employee to a different branch or office in Canada as an intra-company transferee. If so, you must apply for an Intra-Company Transfer Employment Permit and acquire a Canada ICT Visa before your employee begins employment at their new location in Canada. It also includes workers whose employers move them entirely or partially to Canada while a corporation employs them.
Intra Company Transfer Canada is beneficial to firms in building foreign knowledge and skills in a global business climate. It also helps companies fill positions that Canadians cannot fill or give expertise that is not readily available in Canada. Furthermore, there are other advantages to utilizing the ICT pathway, such as:
- Attracting companies with significant growth potential to Canada to promote job creation there;
- Lowering the unemployment rate in Canada by generating new employment here and
- Utilizing Canada’s excellent business climate and highly qualified people to increase the country’s competitiveness.
What is a significant benefit in the Intra Company Transfer context?
Work permits are necessary for qualified intra company transferees, exempt from the Labour Market Impact Assessment (LMIA) under exemption code C12 (ICT visa work permit) since they transmit their skills to Canadian businesses, resulting in a significant economic benefit to Canada. This applies to any foreign national, including those covered by GATS (General Agreement on Trade in Services).
Eligibility for ICT Visa Program
The goal of the Intra Company Transfer Visa was to entice well-known companies from around the world to expand their operations in Canada. Three groups of people stand to benefit from this program: company owners, entrepreneurs, and investors in successful firms who aspire to succeed in Canada, as well as hold leadership roles in their organizations.
Senior managers, functional managers, and essential business functionaries already employed by foreign companies with particular expertise and seeking a similar position in Canada can apply for an ICT visa. They must fulfill other requirements as well.
ICT visa Canada document requirements
The process of an intra-company transfer usually takes one to two months. It requires many documents, such as an application form and evidence of the applicant’s qualifications and the employer’s connection to the company’s Canadian branch or headquarters. Among these documents are:
- LMIA-exempt work permit application form
- A letter of employment offer
- Proof of the transferee’s current employment within the organization
- Supporting documentation from Canadian and international businesses
- Business Plan for Intra-Company Transfer
Developing a solid Intra Company Transfer Canada business plan is the best method to meet the requirements and obtain an ICT Canada Visa. You may manage your business more clearly in Canada if you have a business plan. A strong business plan for an intra-company transfer can help facilitate immigration and make renewing an extended work permit easier.
Canada ICT Visa Processing Time
Although there are priority processing alternatives, the Canada intra company transfer visa processing time typically takes 8 to 16 weeks.
Intra Company Transfer Canada To PR
Transferees within the same employer are frequently excellent candidates to become Canadian permanent residents. The intra-company transferee has one year to apply through Express Entry for permanent residence using the Canadian work experience obtained on an ICT visa in Canada.
Intra Company Transfer Canada Business Plan
While there isn’t a standardized Intra-Company Transfer (ICT visa) business plan template provided by Canadian immigration authorities (IRCC), depending on the scale and breadth of the proposed activity, a Intra Company Transfer Canada business plan may have several sections. A comprehensive business plan for an ICT application generally includes the following key sections:
Executive Summary
This is a two- or three-paragraph synopsis of the goal and necessity of the business strategy. An overview of your company’s goals for entering or growing in Canada is given in this part, along with a focus on key elements including market size and competition. It also describes intended approaches to attracting clients and making sales.
Goals, Objectives, and Mission
The Intra Company Transfer Canada business plan lays out the company’s objectives measurably and succinctly. In addition, your objectives (also known as business targets) are defined in this area. These represent the long-term advantages of accomplishing the company’s main objectives. Lastly, it includes your company’s mission statement, which explains what it does and why.
Investments
The amount of money (in percentages and dollars) that a company is willing to invest in its Intra-Company Transfer business is stated explicitly in this business plan. Any upfront expenses that need to be paid, such as purchasing equipment or hiring staff, have also been noted.
Industry and Market Analysis
Although competition can be a formidable foe, it plays a crucial role in business. This portion of the Intra Company Transfer Canada business plan highlights any significant flaws a company may need to overcome to gain an advantage over its competitors. It also helps you learn how to study and compete against your competitors in the market. Understanding the precise target market, their purchasing habits, and the differentiator that makes them stand out from the competitors are all aided by this business strategy.
Company's Position in the Market
It can seem like an endless battle to succeed in marketing, which can be elusive. However, marketing may be accomplished quickly with the correct plans and effective execution. This is a crucial section of the Intra Company Transfer Canada business plan since it describes the company’s strategy for interacting with potential clients and establishing a rapport with them.
In this part, we’ll also discuss how a firm plans to succeed in the market. This might consist of:
- Analysis of the target market
- Identifying target markets (such as high-growth enterprises, small businesses, and entrepreneurial start-ups)
- How to place your business in these target markets
- Spending on advertising
- Formulation or construction of a marketing and sales plan
Financial Projections
You can decide whether Intra Company Transfer Canada is a wise investment given your financial objectives by consulting the financial projection section of the Intra-Company Transfer business plan, which will give you a precise picture of your financial status and how future investment decisions will affect profitability.
An estimate of the short- and long-term areas ought to be provided by this projection. This can assist in projecting future development rates and see any warning signs pointing to insurmountable challenges. The intra-company transfer business plan includes estimates for revenue and expenses, making it easier to comprehend how the plans will impact cash flow in the short and long term.
Significant benefit in Intra Company Transfer Canada Business Plan
In the Intra Company Transfer Canada Business Plan context, “significant benefit” is essential. Applying for an ICT work permit in Canada requires a business plan that explains exactly how the transfer will boost the country’s economy. Canada’s immigration authorities evaluate if the transfer within the corporation is in the best interests of the nation’s economy. The following are essential elements of the noteworthy advantages of an ICT Canada Business Plan:
- Job Creation and Skills Transfer: Stress how the internal company transfer will result in the hiring of permanent residents or citizens of Canada. Emphasize any intentions to share knowledge or transfer skills with personnel in Canada.
- Investment and Economic Impact: Indicate how much the business spends on its operations in Canada. Provide evidence of how this investment will boost the regional economy.
- Technology Transfer and Innovation: Describe any initiatives about technology transfer and innovation that support the Canadian economy. Emphasize how the company’s presence in Canada will contribute to technology development.
- Market Expansion and Trade: Describe how the intra-company transfer will help the business become more visible in the Canadian market. Talk about the potential for more trade and business opportunities.
- Compliance with Canadian Laws and Regulations: Emphasize the company’s dedication to abiding by Canadian rules and regulations to support an equitable, cutthroat commercial environment. Demonstrate how the transfer complies with Canadian legal requirements.
- Long-Term Commitment: Express the organization’s extended dedication to Canadian activities. Provide strategies for long-term, sustainable growth and ongoing economic benefits to Canada.
- Training and Development: Describe any initiatives for the internal company transfer that have resulted in training and development for Canadian staff. Describe how the company’s presence will help Canada become a more competent professional nation.
- Corporate Social Responsibility (CSR): Emphasize any CSR programs or plans for community involvement that show the company’s dedication to social responsibility in Canada. Describe the company’s plans for acting as a conscientious citizen.
- Diversification of the Economy: Describe how the intra-company transfer advances economic diversification in Canada. Talk about the industry or industries that the company’s presence will benefit.
- Clear Business Objectives: Clearly state the intra-company transfer’s business objectives and how they relate to Canada’s economic objectives.
Make sure the company plan outlines a thoughtful approach to accomplishing these goals.
A successful application for a work permit under the ICT program requires addressing these issues in the ICT Canada Business Plan, which gives a thorough picture of how the intra-company transfer will significantly benefit the Canadian economy. It is advised to have expert counsel and confirm that the company strategy satisfies the particular demands of Canadian immigration authorities.
Conclusion
- Reiterate the advantages of the internal transfer for the company and Canada while summarizing the main ideas of the business plan.
- Provide a compelling conclusion that upholds the worth and validity of the suggested transfer.
- Highlight the significant economic benefit to Canada through the transfer of your expertise to Canadian businesses
It is imperative to customize the business plan to meet the particular demands of the IRCC (Canadian immigration authorities) and to guarantee that all data is precise and thoroughly documented. Creating a thorough ICT business plan can also benefit from speaking with immigration specialists or lawyers with experience in Canadian immigration.
Intra Company Transfer Canada FAQ
What is a work permit for ICT?
Via the International Mobility Program, highly talented foreign professionals can work temporarily in Canada as Intra-Company Transferees or get an ICT visa.
What are the three main categories of intra company transferees?
Intra-company transferees may fall into one of three predetermined groups under the terms of the program:
- Manager,
- Senior supervisor, as well as
- An employee with training
Who is eligible for an ICT visa in Canada?
The originating business must be solvent and able to fund its overseas activities in Canada. Before submitting an immigration application, a candidate for an ICT Work Permit must have worked for the original employer for at least 12 months within the previous three years.
Can the spouse of an intra company transfer work in Canada?
Yes, once they have obtained their independent work permit to work in Canada, the spouse of an Intra Company Transfer Canada can work there.
Can I use my ICT visa to work in Canada?
Workers from other countries who are granted a work visa under the ICT Visa must work for the employer listed on the permit and at the address that was suggested when the worker applied to Canadian immigration officials.
How can I convert an ICT visa to PR in Canada?
If you fulfill all other eligibility requirements. In that case, you may apply for permanent residency (PR) through the Express Entry Program after working full-time for a Canadian company for a year.
How long can an ICT visa holder stay in Canada?
The Canadian ICT work permit can be extended multiple times, for a maximum of seven years overall, if all program requirements are satisfied (e.g., having an office in Canada, hiring Canadian citizens or PRs, and operating active businesses in Canada and the home country).
How much does it cost to apply for a Canadian ICT visa?
There isn’t a specific fee for an “ICT visa” in Canada. However, different immigration firms offer various services with distinct fees. To get the most accurate and up-to-date information on fees, it is recommended to check the official website of each Immigration firm and consult a regulated Canadian immigration consultant (RCIC) or Canadian lawyer.
Why choose Arnika Visa for your Intra Company Transfer In Canada?
At Arnika Visa, as a regulated Canadian immigration consultant (RCIC), we have extensive expertise and a proven track record in navigating the complex business immigration landscape. With a deep understanding of business immigration laws and regulations, we tailor strategies to meet each client’s unique needs, ensuring a smooth and successful process. Our commitment to personalized service, attention to detail, and dedication to achieving positive outcomes sets us apart. Clients benefit from our up-to-date knowledge, vigorous advocacy, and results-driven approach, gaining a trustworthy partner in their immigration journey. We prioritize transparency, communication, and excellence, providing peace of mind and confidence in their business immigration endeavours.
Hello, thank you for your helpful article. As I found, the business plan for Canadian work visas, in addition to the usual business plans, must show significant benefits for Canadians and Canada, both economic and cultural advantages, to succeed in obtaining the Canadian ICT visa. I ask that you prepare a business plan and RCIC check it regarding immigration to avoid visa rejection; thank you.
Hi, we have a business collaborator with a solid and proven track of experience in not only business plan writing but the execution of them in Canada. They help us to draft the business plan; then, our RCIC reviews it to ensure it meets the IRCC requirement. Thanks
Hi, I wanted to learn more about how to address the concerns and re-apply for the C12 work permit (Intra company transfer Canada) that was just refused today. I have a letter of support from an incubator. All documents were in line with the WP, yet they refused my application because of the Purpose of the visit and financial ties to the country. I have had three prior refusals for a Visit Visa to Canada. However, I have often visited the US, UK, and EU for holidays and business. What do you suggest I do now? Thanks
To address the ICT work permit refusal, carefully review the refusal letter, clarify and detail your travel’s purpose, bolster financial ties evidence, and emphasize the new supportive additional documents and information. Highlight positive travel history. We suggest that you seek an Expert RCIC guidance who specializes in Canada ICT visa refusal cases. If you have any more questions, feel free to contact Arnika Visa. Thanks
Hi, I wanted to learn more about how to address the concerns and re-apply for the C12 work permit (Intra company transfer) that was just refused today. I have a letter of support from an incubator. All documents were in line with the WP, yet they refused my application because of the Purpose of the visit and financial ties to the country. I have had three prior refusals for a Visit Visa to Canada. However, I have often visited the US, UK, and EU for holidays and business. What do you suggest I do now? Thanks
To address the ICT work permit refusal, carefully review the refusal letter, clarify and detail your travel’s purpose, bolster financial ties evidence, and emphasize the new supportive additional documents and information. Highlight positive travel history. We suggest that you seek an Expert RCIC guidance who specializes in Canada ICT visa refusal cases. If you have any more questions, feel free to contact Arnika Visa. Thanks
Hi, I am doing business on Amazon in the US and Canada, with sales in 2023 reaching 300,000 CAD. I want to expand my business on e-commerce platforms such as eBay, BestBuy, and Walmart… so I want to open a business license in Canada and come to Canada to run a business. I hope to receive support from your immigration lawyer. Thank you.
Hello, thank you for reaching out. Congratulations on your business success! Expanding your business to Canada is a great idea. We will guide you through obtaining a business license, exploring Canadian business immigration options, and ensuring compliance. Let’s work together to make your expansion a seamless and successful journey. Please complete the business assessment form to connect with us for the next step.
Hi, I need your help deciding whether I can declare 50 points under the Job Offer category for Express Entry. I relocated to Canada on an ICT Visa (Intra Company Transfer) for the last two years in June 2022. I worked for the same employer till July 2023 (Basically more than a year). Recently, I started working for a new Employer as they transferred my Work permit to their name. I have been working for this new employer for four months only, but I have one year of experience on an ICT visa with my previous employer. However, I am still determining whether I can select ‘Yes’ for ‘Has the candidate worked for Employer on their current work permit for at least one year.’ Please let me know your thoughts on whether I can claim 50 points under this category. I appreciate any help you can provide.
A job offer is valid under FSW, & CEC if the job is working for one employer, continuous, paid, full-time (at least 30 hours a week), not seasonal and for at least one year after we issue your permanent resident visa. You can claim 50 points under the Job Offer category if you’ve worked for your current employer on your current work permit for at least one year. You haven’t met this requirement since you’ve been with them for only four months.
I have an established software company in Canada (in Jan 2021) that is currently employing five employees on its payroll here in BC. I have been operating a software company in Pakistan since 2010. I would like to bring a software programmer from my Pakistan office to Canada using an ICT Visa. Would you please help us? Thanks
Since you have an established software company in Canada and wish to transfer an employee from your Pakistan office, you can utilize the Canada Intra-Company Transfer (ICT) Visa program. Ensure eligibility criteria, such as the employee’s seniority and job role, are met. Prepare necessary documentation and consult with a Canadian immigration expert for guidance.
We are based in the UK and are interested in an ICT Work permit for one of our directors, a British citizen. A trading business for electrical goods will be set up in Ontario. Is it possible to apply for an intra-company transfer? Thanks
Yes, an ICT Work Permit may be viable for your British director to establish an Ontario-based trading business for electrical goods. Consult with an RCIC for tailored guidance.
My cousin applied for a work permit under the ICT visa (Inter Company Transfer), which was approved. During the application process, he provided his brother’s address as the primary work location (Example: XXX Street, Ottawa, ON). He plans to enter the country in April 2024 and land at YYZ. Question: Does he have to stay and work from XXX Street, Ottawa, ON, or Can he work from anywhere in Ontario? WWY his company is registered in Ontario at XXX Street, Ottawa, ON; thanks
As listed in the application, your cousin’s primary work location typically serves as the base for their work activities. However, he generally has flexibility within Ontario to work from different places, especially if the company is registered in Ottawa. It’s advisable to inform immigration authorities of changes to his work location.
I am from Pakistan and an expert in IT regarding QuickBooks Accounting Software, Digital Marketing and Amazon. I have already registered a firm in Pakistan. May I open a branch office in Canada and move my company there? What about the cost and procedure? Thanks
As a Pakistani IT expert, opening a branch office in Canada is feasible but entails legal and financial considerations. You’ll need to navigate Canadian business regulations, potentially requiring legal assistance. Costs vary based on factors like office space, permits, and legal fees. Processing time depends on completing the necessary steps, which can take several months.
I own a business that is present in 3 African countries. I would like to know the activities and timeline for processing a work visa under the ICT program. Thanks
Under the ICT (Intra-Company Transfer) program, you can transfer to a Canadian branch of your business. Activities include preparing necessary documents, such as proof of your role, company details, and financial statements. Processing times vary but typically range from a few weeks to a few months. Consult an immigration expert for detailed guidance tailored to your situation.
Hello, I have been a director and senior executive of a company (Care Home Service provider) in Europe for over three years, which is doing well. I have had a small Ontario-incorporated company in Canada for over three years – Care Support and Home Support work activities, which are not doing well currently due to the lack of my presence. I need to grow this business. However, I can show $70,000 in a Canadian bank to support the company if I am present here. My English is good, and I can get 6 in IELTS. My age is 52. Between an ICT work permit and a C11 work permit, which one is more suitable for me to get PR? How many Canadian staff members must be recruited for ICT and C11 work permit visas? What documents are needed for them? Thanks
Both ICT and C11 permits offer paths to PR. ICT suits multinational transfers, while C11 is for business establishments. ICT may not require Canadian staff, but C11 likely does. Documents include qualifications, business plans, and financial statements. Consult an immigration expert for tailored guidance. Good luck!
Hi, We are in the process of selecting an Immigration Law firm that can process an ICT application for one of our employees. We have a legitimate business registered in Canada and a sister company in Pakistan. The employee needs to be sent from Pakistan to Canada for an assignment. Please let me know if you provide this service and provide a detailed quote. Thank you.
Yes, we provide services for processing Intra-Company Transfer (ICT) applications. Given your legitimate business in Canada and the sister company in Pakistan, we can assist with transferring your employee. Please get in touch with us directly for a detailed quote, including consultation, document preparation, and application submission fees.
I am an international business owner with a 50% share in an Indonesian company established 18 months ago. I have registered a Canadian company to expand into Canada and seek to transfer my partner to manage it through the Intra-Company Transfer (ICT) program. My partner owns 50% of both companies. Please advise us about its business plan.
To apply for the ICT visa, ensure both companies are actively doing business, prepare a detailed business plan, and provide proof of ownership and roles. Contact us for tailored guidance.
First of all, I want to express my gratitude for the wealth of information available on your website. Your expertise is truly invaluable.
Upon reviewing your website, I came across the ICT program, which I believe could be a significant opportunity for my food ingredient company based in Casablanca, Morocco. I am particularly interested in establishing a branch in Canada to enhance my export capabilities. Can you help me drafting the business plan for intra company transfer Canada? Thanks
Thank you for your kind words! We’re glad you found our information helpful. To guide you on the Intra-Company Transfer visa, please get in touch with us directly via email or phone. We look forward to assisting you in establishing your branch in Canada.