Things To Know About Intra Company Transfer In Canada

An intra-company transfer (ICT) may be a structured procedure that permits multinational corporation employees to relocate from one country to another while remaining employed by an equivalent company. This sort of employee transfer generally entails the relocation of people from their home country to a far off nation where the corporation maintains a subsidiary, branch, or office.

Canada may be a prominent destination known for its implementation of such transfer programs. The International Mobility Programme (IMP) in Canada provides a mechanism for businesses to temporarily reassign their highly skilled personnel to figure within the country as Intra-Company Transferees, commonly mentioned as ICT Canada participants.

Any multinational corporation with a presence in Canada has the chance to request the relocation of 1 of its employees to their Canadian branch through the Intra-Company Transfer (ICT) program. This initiative provides a streamlined process, exempting both the corporate and therefore the employee from the standard market Impact Assessment (LMIA) or LMIA Canada application requirements.

Canada’s Intra Company Transfer (ICT) program is well-suited for foreign business owners who wish to expand their existing operations to Canada.

Eligibility : Intra-Company Transfer (ICT) Program

The intra-company transfer program is meant to draw in established companies from all round the world to expand their operations to Canada. 

There are 3 categories of people who may enjoy this program:

1. Business owners, entrepreneurs, and shareholders of successful companies who are currently holding executive positions therein company and who shall do similar add Canada.
2. Senior managers and functional managers who are currently working during a foreign company and shall occupy an identical position in Canada.

1. Key employees of a business who have advanced specialized knowledge that’s unique or uncommon.

Individuals who occupy one among the positions above must also meet several additional requirements as described below so as to secure a work permit under the ICT program.

Intra-Company Transfer Canada Requirements

Entrepreneurs who own successful businesses in their home countries can apply for the ICT WP to expand their business to Canada. There are several additional requirements that entrepreneurs must meet so as to secure a work permit under the ICT program, including the following:

1. The home company must be operational for a minimum of 12 months (but ideally for a minimum of 3 years) before expansion to Canada;

The home company must be financially sound and capable of supporting foreign operations in Canada;

1. The applicant seeking an ICT WP must be working/engaged with the house company for a minimum of 12 months within the past three years before the immigration application;
2. The home company must be associated with the corporate in Canada as a parent, subsidiary, or affiliate company; and
3. Canadian operations are going to be a viable enterprise and end in job creation for Canadians.

If it’s an initial expansion to Canada of a far off company, then immigration officers also will check to verify the following:

1. Is there a sound business plan that demonstrates that Canadian operations are going to be a viable enterprise and may generate sufficient revenue to hide its costs and compensate its employees?
2. Will this expansion end in job creation for Canadians?
3. Will the corporation be large enough to need an executive or a manager in Canada?

Thus, if it’s the primary ICT application in Canada, companies are required to determine that expansion to Canada makes business sense for the corporate which the newly established operations in Canada are likely to succeed and become large enough to rent local staff. Therefore, for companies expanding to Canada for the primary time, it’s critical to present a solid business case and explain the rationale for expansion additionally to meeting basic eligibility criteria for the ICT applications.

Documentation for  Intra-Company Transfer in Canada

Here are a number of the key documents required to facilitate a seamless ICT (Intra-Company Transfer) to Canada:

1. Verification of the foreign national’s current employment with a multinational company outside Canada.
2. Documentation demonstrating the intention of the worker to figure during a subsidiary, parent, affiliate, or branch of an equivalent company situated in Canada.
3. Proof of the employee’s continuous full-time employment with the overseas company, either on contract or as a daily payroll employee, and not through part-time or intermittent work.
4. Evidence supporting the employee’s tenure during a similar role for a minimum of 1 year.
5. A comprehensive overview of the managerial or executive position, or any specialized knowledge-based role, including details like job responsibilities, job title, and therefore the position’s placement within the organization.
6. for people seeking entry under the ‘specialized knowledge’ category, proof of the employee’s possession of such specialized knowledge and an indication of its necessity for the Canadian position.
7. An in-depth description of the Canadian position, encompassing the work title, role specifics, and therefore the position’s organizational context.

These documents are essential for a successful ICT transfer to Canada.

Processing Time : Intra Company Transfer Visa

Usually, standard processing times are applicable to the ICT WP applications and may be verified on the IRCC’s website relevant to your country.Intra Company Transfer Canada Processing Time: 2 – 10 weeks. The typical time for the Intra-Company Transfer (ICT) is 2 to 10 weeks but there are data processing options.

Duration : Intra Company Transfer Work Permits

ICT work permits are typically granted for one to 2 years. If they’re put into use by a start-up firm, the WP has then only a validity of 1 year. Some nationals, who hail from countries that are visa-exempt, gain from a three-year WP. It’s possible to renew the WP for 2 to 3 years additionally for an aggregate of up to 5 years for talented knowledge workers and 7 years for executives and managers.

But immigration officers may grant work permits of just one year to individuals who are going to be employed by companies newly established in Canada. The US nationals and other citizens from visa-exempt countries (like the United Kingdom, EU, Australia, Japan, etc.) will gain from the trade Agreements (FTAs) their countries and Canada have and secure three-year ICT working papers. As per the program, one can get a WP via a Labour Market Impact Assessment (LMIA) exemption (C12).

Switching From Canada  Intra-Company Transfer To Permanent Residency

After being employed full-time for one year during a Canadian company, foreign nationals could become entitled to use through the Express Entry program for PRs. supported the work roles, foreign nationals qualify to urge 50 or 200 more points for organized employment (job offers) from their businesses located in Canada.

It, usually, significantly adds to their Comprehensive Ranking System (CRS) scores, resulting in selection under the Federal trained worker (FSW) category of the Express Entry (EE) stream and a call for participation to use (ITA) for PR from Canadian immigration authorities.