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Search found 13 matches

by sgdxb
Thu Dec 08, 2016 7:37 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Please review - Documents List
Replies: 6
Views: 817

Please review - Documents List

Hi All, My document list is Here. I had no solicitors and am sending my extension application in couple of days. It was really hard work to get everything in time, required form and order. I’ll appreciate your suggestions. Please let me know if I’m missing anything! General 1. Application Form/Two P...
by sgdxb
Thu Dec 08, 2016 7:23 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Director Loan - Original Bank Statement not available
Replies: 6
Views: 663

Re: Director Loan - Original Bank Statement not available

Thanks Zimba88 & sm12.

I have managed to get BS stamped.
by sgdxb
Wed Nov 30, 2016 10:28 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: A few questions
Replies: 3
Views: 634

Re: A few questions

Thank you Zimba88 for the reply.

Can anyone please let me know how many days it takes to get HIS number?

Kind regards,
SG
by sgdxb
Tue Nov 29, 2016 10:52 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: A few questions
Replies: 3
Views: 634

A few questions

Hi All, I have a few questions. There is an asterisk next to Business Bank Account* in second last column in Table (3b 1) on page 42 for which following explanation is given, *which you are a signatory of and showing transactions, and where applicable showing the transfer of director’s loan funds fr...
by sgdxb
Tue Nov 29, 2016 10:24 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Annual Accounts / Compilation Report
Replies: 5
Views: 1686

Re: Annual Accounts / Compilation Report

Report to the director on the preparation of the unaudited statutory accounts of YOUR COMPANY Ltd For The Year Ended 31 May 2016 To assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of YOUR COMPANY Ltd which comprise the Profit and Loss Acc...
by sgdxb
Sat Nov 26, 2016 11:17 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Payroll issue
Replies: 12
Views: 966

Re: Payroll issue

Dear Gurus, My friend has messed up my payroll. She assumed 60 hours/month for part time and 120 hours/month for full time and based on that she has processed the payroll for last 1 and half year! I got to now this problem only days back and extension is due in 3 months time!!! I have discussed wit...
by sgdxb
Tue Nov 22, 2016 9:35 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Tier 1 50k extension--
Replies: 17
Views: 1322

Re: Tier 1 50k extension--

You are literally asking the same question as the OP. Answer is the same :? Hi Zimba88 appreciate your reply, My question is regarding management account but not for investment, because my employees haven't finished required employment period before the completion of three year. One employee finish...
by sgdxb
Tue Nov 22, 2016 9:20 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Director Loan - Original Bank Statement not available
Replies: 6
Views: 663

Re: Director Loan - Original Bank Statement not available

Only officially printed bank statements are accepted or certified and stamped copies. Hi Zimba88, Thanks for reply. These statements are officially printed by Bank and its says certified copy, however, they are printed on plain white copier paper. Bank staff says that the seal (hologram) in Black o...
by sgdxb
Mon Nov 21, 2016 11:07 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Tier 1 50k extension--
Replies: 17
Views: 1322

Re: Tier 1 50k extension--

Question 4= my company is 3 years and 3 months old :lol: and i have my 3 years accounts ready. what shall i do with those 3 months. If you have not invested in those three months, ignore them ! Hi Zimba88, I am in same situation. I'm applying after completing three years of business and submitting ...
by sgdxb
Mon Nov 21, 2016 10:42 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Director Loan - Original Bank Statement not available
Replies: 6
Views: 663

Director Loan - Original Bank Statement not available

Hi All, I have transferred director loan in 2014, that time my business and personal bank statements were online, I was not receiving paper statement. I thought bank will give me original statements when I require them. Today, a week after making a request, I received copy statement for both account...
by sgdxb
Thu Nov 17, 2016 11:25 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: 50K investment query
Replies: 75
Views: 5867

Re: 50K investment query

HO requires min 50K investment but it does not restrict you to invest more than that !! E.g You can invest 70K where 50K of it will be mentioned in the DL as unsecured and subordinated in favour of 3rd party creditors Money must be traceable to you personally. Banks usually do no issue such letters...
by sgdxb
Thu Nov 17, 2016 10:41 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Dividend Declared
Replies: 12
Views: 1530

Re: Dividend Declared

Hi Isfaq, Your accountant may have declare dividend for covering your 50K DL account, however you can issue dividend only if there is surplus. You should not declare dividend as your company's P&L account is still in loss. If you have invested 50K once, try to maintain that 50K and pay back any ...
by sgdxb
Thu Nov 17, 2016 10:14 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: 50K investment query
Replies: 75
Views: 5867

Re: 50K investment query

Hi All, I am preparing for extension application in first week of Dec 16. However, I found myself in bit problem on DL investment due to some minor errors. First, I have transferred 50,200/- from my personal account through 3 transactions in a week time in 2014. My DL agreement and accounts for all ...