Currently I am employed on a work (GEP) visa. I would like to partner up with a company outside of HK to import and sell beverages in HK as a side business for now. After some studying I think a Sole Proprietorship is the way to go for me. My current company approved my business idea already. So, from my understanding the next step would be to open my Sole Proprietorship and reach out to the immigration departement to request for a visa extension to work for my sole proprietorship as a side business. Would this be the right way to go?
Furthermore, since the visa extension to work for my sole proprietorship might take a while and some holidays are coming up, I am wondering if it would be possible to hire a local person part-time to do the initial work (later just for Cantonese translations) until I get my visa converted?
Furthermore, could this person e.g. be my friend with little/no pay? Or alternatively contractual get paid ones the company makes sufficient profit in a few months?
Thanks in advance!