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Hong Kong Visas for Startups, Entrepreneurs & SMEs – Stuff That Counts – With Dragon Law @ Cyberport – The Entrepreneur & Startup Visas

July 27th, 2016

Posted by / in Investment Visas, Musing / 6 responses


 

On April 28, 2016 Dragon Law, the Hong Kong Visa Centre and Cyberport co-hosted a seminar entitled Hong Kong Visas for Startups, Entrepreneurs & SMEs – Stuff That Counts

This segment discusses the business investment visa as an Entrepreneur and also the so-called Startup visa.

PRACTICE UPDATE: How the content must now be read in light of current ImmD policy:

Historically, this collaborative presentation delivered alongside Dragon Law and Cyberport examined the practical legal and operational landscape for startups, early-stage entrepreneurs, and SMEs seeking immigration permissions in Hong Kong. The Geeza provided founders with accessible, pragmatic guidance on navigating the intersection between company formation, IP protection, and immigration policy under the General Employment Policy. The presentation emphasized that ImmD was not looking for mature corporate giants or rigid capital thresholds; rather, case officers maintained an accommodating, commercially realistic posture toward lean ventures. Prospective entrepreneurs were encouraged that an articulate business narrative, backed by modest seed funding of a few hundred thousand dollars, a flexible serviced office or co-working space, and a phased commitment to create local jobs over a two- to three-year ramp-up period, was more than enough to establish approvability under standard administrative discretion.

The game has changed from an inclusive, founder-friendly ecosystem discussion into an uncompromising institutional divide between state-backed programs and heavy corporate balance sheets. ImmD no longer treats general SME or startup aspirations with administrative indulgence. Under post-April 2026 administrative practice aligned with TTPS Category A operational substance (~HKD 2.5M enterprise scale), the standard entrepreneur pathway strictly requires hard corporate hardware audited on day one: HKD 1.5M–2.0M in deployed corporate bank liquidity, an executed commercial lease for exclusive physical premises (“four walls”) disqualifying serviced offices and co-working desks entirely, and active Mandatory Provident Fund (MPF) payroll contributions for 2–3 local Hong Kong permanent residents. Unless an applicant has secured formal, documented admission into an officially accredited government incubator like Cyberport or HKSTP—the sole mechanism remaining to waive these empirical prerequisites—pitching an early-stage startup or lean SME model will result in swift and summary refusal.

You can download the Presentation slides here.

 The Rest of the Series

Starting Out

Visas Allowing Work

The Employment Visa

Entrepreneur Or ‘Startup’ Visa

The Study-then-Work Visa

The Work Visa For Mainlanders

The Training & ‘Intern’ Visa

The Working Holiday Visa

The Top Notch Talent Visa

Visas For Loved Ones

Resources, Resources, Resources

 

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The Hong Kong Visa Geeza (a.k.a Stephen Barnes) is a co-founder of the Hong Kong Visa Centre and author of the Hong Kong Visa Handbook. A law graduate of the London School of Economics, Stephen has been practicing Hong Kong immigration since 1993 and is widely acknowledged as the leading authority on business immigration matters here for the last 24 years.

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