Is work permit required..??

[sharmag]

Hi All,

I am a PR of Canada. I am planning to start a small business along with my cousin (he is in India) as he has the working knowledge of the subject matter. Is it possible for me to create work permit for him to join me in initial couple of years. he might be coming mostly in summer months and going back. He will be the business partner and might be only getting percentage of profit (as shares in future). I am not sure if there is a work permit for these kind of cases. Please advice me what should I do?

Regards,
Sharma

 

[scylla]

There's no special class of work permit for what you're describing. He would need to apply for a regular closed work permit. To qualify to apply for a closed work permit, you would first need to obtain an approved LMIA. Additionally, the job will need to be paid (salaried or per hour) in order for the LMIA to be approved. Saying someone will be paid through a percentage of future profits won't work.

 

[sharmag]

There's no special class of work permit for what you're describing. He would need to apply for a regular closed work permit. To qualify to apply for a closed work permit, you would first need to obtain an approved LMIA. Additionally, the job will need to be paid (salaried or per hour) in order for the LMIA to be approved. Saying someone will be paid through a percentage of future profits won't work.

Thanks scylla. I have one question. Can i request for lmia for a new business without much of turn over?

Regards,
Sharma

 

[scylla]

Thanks scylla. I have one question. Can i request for lmia for a new business without much of turn over?

Regards,
Sharma

You can try - however you need to submit the company's financial records and you may find it quite difficult to get the LMIA approved if the company is a recent start up.

 

[sharmag]

You can try - however you need to submit the company's financial records and you may find it quite difficult to get the LMIA approved if the company is a recent start up.

Thank you scylla