Extensive Corporate Information Required for Intracompany Transferee Applications

The situation

The Federal Employment Agency is now requesting additional corporate information for ICT Card applications.

A closer look

The additional information includes the following:

• How many business days per year the intracompany transferee is entitled to for holiday;
• The gross monthly wage of comparable local employees in the local entity;
• Other corporate information including social security payment compliance, whether insolvency proceedings have been initiated in the past five years and if the initiation of any insolvency proceedings has been denied for lack of assets within the last five years.

 

Impact

Employers should start gathering ICT Card documentation as early as possible as the new requisite information may require more sources within a company to be involved.

Looking ahead

The Federal Employment Agency may change other documentation requirements for the ICT Card until standards and procedures are established and streamlined.

This alert is for informational purposes only. If you have any questions, please contact the global immigration professional with whom you work at Fragomen or send an email to [email protected].