Hi Sir I have a question about my investment £200k. I get a business loan to buy a property to run a business. I am thinking to invest as director loan £150 to buy the property with business. The property £300k but the bank request my sister as part of my company director to help in funding for anot...
Hi I will start my investment to my company. My accountant advice that i should go to DL to prove that i invest the company instead of share capital. Can you advice which one is favorable by HO? Beside that who will prepare the director loan agreement? Solicitor or my self as director? Many Thanks a...
Thanks for your reply. In such case there would be the risk to pass genuine test. If let say i put all the money to the nursery business. But I spend half to wages and equipment and set up . The other half i keep it in the company account by the time i wish to apply extension. Option 2: If we rent i...
Thank both senior. Yes now i understand i do not need to 'spend' all the money. If let say, the property we buy for 180k and invest for 60k to start up. Bank left 0 balance. BUt we can maintain the income and cost during my 3 years Nursery business. Do you both think i fulfill the genuine entreprene...
Hi Zimba, Thanks for your reply. Due too higher rent of the building and we expect will be loss due to higher rent. If we buy our own building for another 180 k then will secure our funding in the same time inject another 50k to rolling and start up. The building also consider as company asset not i...
hello, i have a few question before i start for my investment. 1) UKVI mentioned we have to register as co dir / self employed after 6 months we arrived. I did registered as director of a company. But it not as my business plan. I am doing the other business. Can i claim point on that? 2) as i know ...
