How Hard is it to Apply for Work Visa as an Investor Now?
How Hard is it to Apply for Work Visa as an Investor Now?
When foreigners extend work visas as an investor, the Exit-Entry Bureau will be conducting close inspections for companies opened by them. For companies that can't pass the inspections, their investors will not be able to extend or cancel visas, and they will not be able to obtain legal employment anytime soon.
This article will explain who can apply for work visa as an investor, and what documents are required for visa extension. There are also some successful cases for your reference.
(Take policies in Shanghai as an example.)
Who Can Apply for Work Visa
as an Investor?
Foreigners can apply for work visa (Type B) as an investor of a company (Hold at least 10% of the shares).
a picture in Service System of Foreigners Working in China: The applicant's position is Investor and General Manager.
Foreigners can register a company in China regardless of the type of visa they hold, but to apply for work visa as an investor, it requires complicated documents. We listed some basic documents below:
Corporate Reports（企业报告）;
Capital Verification Reports（验资报告）;
Bank Records of Business Operation（银行流水）;
Labour contract for the employment of Chinese employees（中方员工的雇佣合同）;
etc.
Source:《中华人民共和国企业法人登记管理条例》,
National Enterprise Credit Information Publicity System
a sample in Service system of foreigners working in China: proves that the company is in proper operating condition.
a sample of Tax Payment Commitment.
a sample of Company Information Material: shows investment amount
If you need assistance with Documents Preparation, please feel free to contact VisaOfChina team!
How to Extend Work Visa
as an Investor？
When extending work visa as an investor, you need to prepare documents for inspections.
Proof of the company's normal operations generally include:
Fapiaos for business transactions
Company bank account
Proof of hiring Chinese employees
NOTE
Other Ways of
Work Visa Application
Since there are so many restrictions in visa application as investors, you may also consider applying for work visa in these ways：
Successful Case 1
We helped our client Mr A applied for work visa (Type B) with 4 times the average salary in Shanghai.
Successful Case 2
Our client Mr B has bachelor degree + 2 years work experience, we helped him got work visa (Type B) successfully.
Successful Case 3
Try Point-Based System in work visa application;
Miss A is one of our clients, we helped her apply for work visa (Type B) by point-based system successfully.
Successful Case 4
Apply for work visa Without Work Experience.
Miss B is a graduate student from Shanghai Jiaotong University, she will work in Lingang Special Area. She can apply for a work visa (Type C).
If you have any questions about China visa applications(work visa, PU letter, company registration and more), please contact our visa consultant Lisa (WeChat ID: AnyHelper_DD).
You might be interested in the below topics:
No Experience or Degree for Work Visa? Try Point-Based System!
No Experience Required: Who Can Apply for Category C Work Visa?
Official Websites You Must Know for China Visa Application.
Follow our Official WeChat to get latest policy of China Visa