Hello
I am new to this forum and I would really appreciate some guidance on my issue at hand, if someone can help.
As a student in HK for 1 semester some time ago (2007), I really loved HK and wish to go back to work there any time soon. I live in Germany and have a German Passport.
Now, I know that work permit regulations and ID Card applications are pretty tough. Some friends over in HK have advised me on that.
I have a HK friend (perm. HK ID Card) who owns a HK Ltd. That Ltd. however has been "sleeping", in other words its registered but no income or expenses listed in the past 2 years.
Now I would like to know, if and how my application for a temporary or even permanent HK ID Card would work out if I'd do one of the following options:
1. Get "employed" by this Ltd. and go through the work permit applications as by any company.
or
2. Buy shares of this Ltd. and become a major shareholder and board member if you will, as well as employee of this Ltd.
Now the problem I see is that this Ltd. was created but has not had any cash flow for the past years, in fact since it has been opened by my local HK friend.
Is it possible to apply for a temporary or permanent resident card in the given circumstances? Keeping in mind that I would "reactivate" the Ltd. and try to bring in some business and expertise to the already registered Ltd.
If yes, how would that procedure work? Which forms would I need to fill?
If no, why and do I have an alternative? Given the difficult situation of the job market at the moment I have almost given up finding a sponsor that is a large multinational company. Besides, I don't speak any Cantonese
I appreciate all information given on that topic. Thank you for taking the time to read and answer!
Regards, Chris