Visa Options for Entrepreneurs and Business Owners
Setting up a business in Hong Kong is an attractive option for foreign entrepreneurs due to its economic stability and business-friendly environment. This guide covers everything foreign founders need to know about the Hong Kong entrepreneur visa and work permit Hong Kong schemes in 2025. Learn the visa options, eligibility criteria, application steps, and how to prepare a winning business plan to get your startup off the ground quickly and legally.
The primary visa for business founders in Hong Kong under the General Employment Policy (GEP) is the Investment as Entrepreneurs Visa. This visa allows founders to live and work in Hong Kong based on their investment in a local company.
For highly skilled applicants, there is the Top Talent Pass Scheme (TTPS), targeting senior executives and professionals with an annual income above HK$2.5 million or graduates from top universities. Another notable option is the Quality Migrant Admission Scheme (QMAS), a points-based visa for skilled individuals who can contribute to the economy. Recently, the Capital Investment Entrant Scheme (CIES) was revamped for investors with HK$30 million or more in assets.
Eligibility Criteria
- Clean criminal record and good character.
- Strong academic background or professional qualifications.
- Ownership or significant shareholding in a Hong Kong-registered company.
- The business enterprise must deliver economic benefits, such as job creation for locals, use of local suppliers, or introduction of innovative technologies.
Required Documents & Application Checklist
| Applicant Documents | Sponsor Documents |
|---|---|
| Passport copy, signed business plan, proof of academic qualifications, recent photograph, financial statements, tenancy agreement. | Hong Kong business registration certificate, latest audited financial report, copy of business address proof, HKID or passport of company directors. |
Crafting a Strong Business Plan for Approval
A comprehensive business plan is critical for visa approval. It should include the following six sections: nature of the business, market analysis, positioning, business direction, sales targets, and marketing strategy. Demonstrate expected turnover, planned employment numbers, capital investment, and how the business will add value to Hong Kong’s economy.
Step-by-Step Application Process
- Incorporate your Hong Kong company and open a business bank account.
- Prepare and complete visa application forms (ID 999A/B) and gather all required documents.
- Submit the application with the business plan to the Immigration Department.
- Wait for the review phase; processing generally takes 4 to 8 weeks.
- Once approved, receive an electronic visa or visa label on your passport.
Timeline, Fees & Payout Stages
The typical processing time for entrepreneur visas is 4 to 8 weeks. Fees for visa application and issuance range from HK$190 to HK$250. Applicants can choose courier or electronic submission for document delivery.
Dependents, Renewals, and Permanent Residency Path
Visa holders can sponsor their spouse and children to join them in Hong Kong. Dependents can apply for work authorization. After residing in Hong Kong legally for 7 years, founders may apply for permanent residency.
Common Rejection Reasons and How to Avoid Them
- Insufficient business size or scale — show robust financial forecasts.
- Incomplete or weak financial documents — provide clear profit & loss projections.
- Lack of convincing physical office proof — include lease agreements or co-working memberships.
- Unclear business model or market positioning — back claims with market research.
Related Business & Corporate Support
FAQ
Who can apply for a Hong Kong entrepreneur visa?
- Foreign nationals planning to establish or invest in a Hong Kong company and who meet eligibility criteria can apply.
How long does the visa last?
- The visa is usually granted for 2 to 3 years and can be renewed thereafter.
Can dependents work in Hong Kong?
- Yes, dependents sponsored under the visa can apply for work authorization.
What is the minimum investment amount?
- There is no fixed minimum for the Investment as Entrepreneurs visa, but substantial investment and business plans are required.
Can directors apply remotely?
- Yes, applicants can initiate their visa process from abroad before relocating to Hong Kong.
Get Started Today
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