Useful Points to Remember for a Successful Intra Company Transfer Business Plan

The Intra Company Transfer (ICT) visa program was created to allow international companies to send their highly efficient & skilled employees to Canada. These employees set up a Canadian office & increase a particular business in Canada, thus, contributing to the local economy. In case an international business wants to set up a location in Canada, they have to submit an ICT visa business plan as part of their application that meets the Canadian government's requirements.

To ensure the business plan is successful, there are a few requirements that business owners should be mindful of affiliate in Canada under the ICT program or setting up a new branch.

Let’s Give a Quick Walk Through on Tips for a Successful Intra Company Transfer Business Plan

Build International Business Relationships

An ICT Immigration Business Plan permits business owners to illustrate working relationships within all critical areas of the business operations. One important point of the ICT business plan is that it requires revealing the intended relationship between the Foreign Worker/Canadian Entity & vice versa. There should be a clear layout of the finer details in the business plan. It must include all the essential information such as company history, achievements, continued success/growth strategies in the home country, a strategic expansion plan for the Canadian market.

Present Proof of Financial Support

For the start-up ICT program in Canada, the business will need to illustrate how they will financially support themselves. Therefore, while writing the business plan, it is essential to show clear proof of how the company will cover related finances & highlight where funding will come from when working in Canada. To ensure the business plan is successful, there is also a need for detailed financial projections with suitable assumptions.

Properly Mention Foreign Worker Expertise

Intra Company Transfer (ICT) visa program eligible three types of workers. It includes executives, managers, as well as other skilled workers. As per the Intra Company Transfer’s business plan, there is a need for straightforward evidence of the expertise & qualification of the transferring worker. The business plan must provide this supporting evidence & it also includes how this will be advantageous for the overall Canadian operations. Qualified ICT foreign workers should provide significant economic benefits to the local economy. This program is open to any country if they can meet the program's exact requirements.

Set Forward Business Goals

In the ICT visa business plan, there is a need to set transparent goals for Canada's business. If failing to highlight goals, it can result in the rejection of your application. So, it would be best to hire a professional business plan writer; they will help write the ICT business plan, which covers all the required information. A well-experienced business plan writer possesses the expertise to create the business plan which stands out & expand the chances of success of your application.

Are you looking for a business plan expert in Vancouver, Canada? Contact Mikel Consulting experts today and get the complete information regarding the Intra-Company Transfer Visa Business Plan. The experts are always happy to answer all the questions that are revolving in your mind about the ICT business plan.

We have a team of professional consultants as well as experienced business plan writers who offer guaranteed services. Choose us without any hesitation and get the right assistance today.

So, what are you waiting for? Reach us, we would love to hear from you!