Intra-Company Transfer, more commonly known as ICT is a type of permit that allows people to expand their business in another country. One of the biggest destinations for multinational companies in Canada, and using ICT permits, plenty of companies expand their business in Canada. If you also want to expand your business to Canada then you can also consider opting for ICT as it is considered to be one of the most effective ways of expanding businesses in Canada.

However, for getting the ICT permit, a business must meet certain requirements, and if a company does not meet those requirements then they will not be able to get the ICT permit.

For being eligible for ICT Canada business migration, a company must have its main branch operational for at least 12 months. If the main branch is functional for more than 3 years then it will be advantageous for the company for its expansion in Canada.

Other than this, the company should also be financially sound and should provide documents to the authorities that can support their claim of having good financial health. The company should be financially capable of supporting its operations in Canada without any issues. If you are unable to provide the Canadian authorities with any proof of financial health and stability then the authorities might reject your ICT application and you would not be able to expand to Canada.

The company outside of Canada must be related to the business entity operating inside of Canada as a parent, subsidiary, branch, or affiliate. The Canadian business operations of the company should also be viable enough to keep itself running without any financial trouble and generate sufficient revenue to cover its costs. The Canadian business operations of the company should also generate employment for ordinary Canadians. If the expansion results in a lot of employment of local Canadians then the company is more likely to get the ICT permit.

The Canadian authorities might also check whether your company has a sound plan or not. The authorities might also check how large the expansion will be and whether it will require an executive or a manager in Canada.