Documents Required for Work Permit under Start-Up Visa Program in Canada
The Start-Up Visa (SUV) program offers a unique opportunity for entrepreneurs to immigrate to Canada and build their businesses. Applicants frequently need to acquire a work permit to commence their entrepreneurial journey in Canada. In order to successfully navigate the application process, it is crucial to collect and present the necessary documents that showcase the establishment of your business and your qualifications for the desired position.
Essential documents needed for the SUV work permit application
Application for Proof of Permanent Residence
What is it? Thank you for submitting your permanent residence application through the SUV Program. This message serves as a confirmation of your submission.
Proofs that have been accepted:
- Letter of Acknowledgment: A confirmation from immigration authorities.
- Courier Receipt: Proof that you have sent your application package via courier.
- Submit your work online Confirmation: Proof of your application submission and payment of fees.
Letter of Support from a Designated Organization
What is it? It is essential to have a letter from a recognized Canadian organization, such as a venture capital fund, angel investor group, or business incubator. This document confirms your eligibility for the SUV program and lends credibility to your business venture, bolstering your application.
Why is it important? This document confirms your eligibility for the SUV Program.
Employment Offer Number
What is it? Your job offer is associated with an identification number.
Where can I find it? Once you’ve submitted your offer online, you can access it in the Employer Portal. If you applied by email, please make sure to use form IMM 5802 and include the payment receipt for the employer compliance fee.
Evidence of Adequate Finances
It is necessary to present proof of sufficient financial resources to sustain yourself and your family while in Canada. The minimum funds required differ depending on the size of the family:
- The cost for a family of one is CAD 29,380.
- The cost for a family of 2 is CAD 36,576.
- The cost for a family of 3 is CAD 44,966.
- The cost for a family of 4 is CAD 54,594.
- The cost for a family of 5 is CAD 61,920.
- The cost for a family of 6 is CAD 69,834.
- The cost for a family of 7 is CAD 77,750.
For each additional family member beyond 7, an amount of CAD 7,916 will be added. Please ensure that you have all the necessary documents for your SUV work permit.
Investment Funds
Aside from personal support funds, it is crucial to showcase your ability to secure the required investment funds for your start-up. Here are the minimum investment requirements:
- Funded by a venture capital fund: CAD 200,000
- Backed by a group of angel investors, we have secured a funding of CAD 75,000.
Additional Pertinent Documents
Here are some additional documents that may be necessary:
- Medical Examination Results: Required for meeting health standards.
A valid police certificate is required to demonstrate good character. - Business Plan: A comprehensive guide to strategizing and tracking your progress in launching operations.
- Staffing Plan: Outlining your hiring strategy.
- Evidence of Exploratory Research: Recording of supplier conversations and evaluation of potential locations.
- Résumé: Showcasing your qualifications and transferable skills that are applicable to the position.
Forms
In addition, you will be required to fill out many forms, such as:
- Application to Change circumstances, Extend Your Stay, or Remain in Canada as a Worker (IMM 5710): Fill out this form to request an extension or change of circumstances.
- Family Information (IMM 5707): If you are 18 years or older or a juvenile going alone to Canada, please complete this form.
- Statutory Declaration of Common-law Union (IMM 5409): If you are in a common-law union, fill out this form (notarized) and submit it with your application.
- Use of a Representative (IMM 5476): Please fill out this form if you are using the services of an authorized representative.
- Authority to Release Personal Information to a Designated Individual (IMM 5475): Use this form to authorize the release of information to someone other than yourself.
Evidence of Business Establishment in Canada
Along with the aforementioned documents, it is necessary to provide evidence that your business is established and operational within Canada. This is important for confirming the authenticity of your business venture and showcasing your dedication to the Canadian business ecosystem.
Valid Forms of Evidence
There are various documents that can be used as evidence of a business’s establishment:
- Business Registration: This encompasses the necessary federal incorporation documents or provincial/territorial registration certificates.
- Business Number (BN): Documentation displaying your 9-digit Business Number assigned by the Canada Revenue Agency (CRA).
- Financial Reports: Up-to-date financial statements, bank statements, and tax returns.
- Obtaining the necessary licenses and permits for your business: Municipal business licenses and industry-specific permits.
Please provide a copy of your lease agreement for your business location, if applicable.
Documentation of Business Activities: Contracts, invoices, and marketing materials.
Letter from a Designated Organization: Please ensure that you include the letter of support from the designated organization if you have their support.
Tips for Presenting Proof of Business Establishment
- Arrange documents in chronological order: This method effectively showcases the progression of your business from its inception to its current state.
- Please submit a cover letter: Please provide a summary of the documents you are submitting and explain how they demonstrate the establishment of your business in Canada.
- Make sure the text is clear and easy to read: It is important for all documents to be easily understood, readable, and accurately translated if they are not in English or French.
- Provide a thorough explanation: Providing a diverse range of documents can enhance the strength of your application, even though it is not necessary to include every single one.
- Stay informed: Make sure that all documents are up-to-date and accurately reflect the current state of your business.
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