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by my_friend
Wed Jun 12, 2013 7:29 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: requirements (Be a director of a company)
Replies: 8
Views: 2063

Re: requirements (Be a director of a company)

Well know you wont. If you have invested via director's loan, then its a loan and not equity. So you wont be eligible for shares.. And hence you need not be shareholder but can still be a director. Tot answer your second question, Share holder/director.. anyone or any combination can be an employee...
by my_friend
Tue Jun 11, 2013 11:40 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: After you get your visa
Replies: 11
Views: 1355

Legal83 wrote:So can you work for a company as long as you become director of that company and can b on their payroll ?

yes you can be on a payroll of your OWN COMPANY
by my_friend
Tue Jun 11, 2013 6:36 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: T1 Solicitor recommendations?
Replies: 13
Views: 1717

Re: T1 Solicitor recommendations?

gussy wrote:Can anyone recommend a good London-based T1 immigration solicitor?


i know one but he is in manchester...
by my_friend
Tue Jun 11, 2013 12:40 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: TIER 1 EXTENSION APPLICANTS PLEASE JOIN HERE
Replies: 246
Views: 22808

buntyz wrote:i got visa under 200k cat
just wanna confirm if i run my business as a sole trader instead of company will it be ok any views appreciated
Absolutely Okie...

but do remember at the time of extension you would be required to show employment of 2 employees for atleast 12 months...
by my_friend
Tue Jun 11, 2013 12:38 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: TIER 1 EXTENSION APPLICANTS PLEASE JOIN HERE
Replies: 246
Views: 22808

thanks for ur reply my_friend as this category is ablout investing and help in improving economy. if im bringing much more money than expected then i must get some benefit as in less period for Settlement. yes if your business is really good...and has a turnover of 5 million then you can apply for ...
by my_friend
Mon Jun 10, 2013 4:24 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: TIER 1 EXTENSION APPLICANTS PLEASE JOIN HERE
Replies: 246
Views: 22808

Hello All, I was on PSW and currently im on tier1 ent (50k) I have started trading business were im exporting materials fro uk to other countries. Its just 4months of stating the business and i have done business of more tan 250k now. Do u think if im doing such good business UKBA will offer me som...
by my_friend
Fri Jun 07, 2013 2:00 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: TIER 1 EXTENSION APPLICANTS PLEASE JOIN HERE
Replies: 246
Views: 22808

yes please ...moderator...put a sticky of this extension applicants...thanks
by my_friend
Fri Jun 07, 2013 1:38 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: NQF level 4 Business Activity.
Replies: 8
Views: 2774

If you are going with £50,000 PSW sponsor route, you will have to show Graduate Business at NQF Level 4 or above. Company have to formed, advertised, etc etc... within 90 days before filing application. Tier 4 students cannot apply via Sponsor while in the UK. They have to go back and then apply. I...
by my_friend
Fri Jun 07, 2013 1:01 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: better way to invesrt
Replies: 17
Views: 1584

confused90 wrote:I would also like to know if we can show 50% of the investment as director's loan and 50% as shares? or do we have to show investment in only one category?

u can show in both...
by my_friend
Thu Jun 06, 2013 8:10 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: better way to invesrt
Replies: 17
Views: 1584

Re: better way to invesrt

Hi What is better way of investment in an existing company - 1 ).share capital investment (become director & share holder) 2) . Unsecured director loan (become a director - director salary + agreed interest ) Thanks[/list] directors salary wont be counted towards investment..but u need to take ...
by my_friend
Thu Jun 06, 2013 3:52 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Do i need third party letter even £50k is in my account?
Replies: 5
Views: 702

Re: Do i need third party letter even £50k is in my account?

my_friend, thanks for your reply. do i need to mention it in application form or anywhere else in my intial application ? thanks for your advice. hello, I will be transfering part of £50,000 from back home for my intial visa application in UK bank account. Do i still need to attach any form of lett...
by my_friend
Thu Jun 06, 2013 3:03 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Do i need third party letter even £50k is in my account?
Replies: 5
Views: 702

Re: Do i need third party letter even £50k is in my account?

hello, I will be transfering part of £50,000 from back home for my intial visa application in UK bank account. Do i still need to attach any form of letter from third party with my application? or just UK bank statement will be enough? as i read on forum that someone was refused as he mentioned in ...
by my_friend
Thu Jun 06, 2013 12:57 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Investment Period?
Replies: 1
Views: 621

Re: director loan

Legal83 wrote:Can we invest in form of director loan ?


ofcourse...but it should be unsecured and subordinated...
by my_friend
Thu Jun 06, 2013 4:05 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Can Sub-lease be shown as investment?
Replies: 2
Views: 1078

you can show but u need proper documents by your accountant...
by my_friend
Thu Jun 06, 2013 4:03 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Required funds available in uk
Replies: 4
Views: 832

Re: Required funds available in uk

Please answer the question I had submitted my oversees bank statement with my application Now some of our client from old business back in country willing or we told them to give the amount in uk Like if they will give me amount here and I will be coving my required funds from uk not getting single...
by my_friend
Thu Jun 06, 2013 2:46 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: INVESTMENT OF 50K....NEED EXPERT ADVISE
Replies: 14
Views: 1245

My job title is Marketing & Sales Manager ... And there apparently is no such requirementt or restriction on visa that restricts from investing in retail.business . Even I read extension requirements and that doesnt say anything about this u can invest as much as u want in any business as u lik...
by my_friend
Thu Jun 06, 2013 12:26 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: INVESTMENT OF 50K....NEED EXPERT ADVISE
Replies: 14
Views: 1245

Legal83 wrote:It is a retail business dealing with bags and sun glasses .

what is your job title in it...and will ur business be selling bags and sun glasses....

selling bags and sun glasses is not NVQ level 4 or above...core services of your business should be NVQ level 4 or above...
by my_friend
Thu Jun 06, 2013 12:02 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: INVESTMENT OF 50K....NEED EXPERT ADVISE
Replies: 14
Views: 1245

So retail business is okay to invest ? what kind of retail business are u planning to invest in...?...are the core services of that business NVQ level 4 or above... u shud be investing in a graduate level business in 50K category.... so i am not sure if retail business will qualify so do share what...
by my_friend
Wed Jun 05, 2013 5:06 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Got my visa today
Replies: 17
Views: 3151

Re: Got my visa today

Dear All, I received my visa approval letter today, switched over from PSW, applying from within the UK, £50,000 already invested. Application sent: 20th May Acknowledgement letter: 22nd May Biometrics taken: 28th May Approval letter dated: 1st June Below are the list of documents i sent as part of...
by my_friend
Wed Jun 05, 2013 5:04 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: INVESTMENT OF 50K....NEED EXPERT ADVISE
Replies: 14
Views: 1245

INVESTMENT OF 50K....NEED EXPERT ADVISE

I went to an accountant today and he said that investment is different from expense.... rent, wages, day to day expenses, .........they are included in expenses rather than investment.... investment is more towards buying fixtures or any assets... so i am confused now.... please expert opinion requi...
by my_friend
Wed Jun 05, 2013 1:08 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Urgent query about mentioning position on the contract plz
Replies: 14
Views: 1059

Re: Urgent query about mentioning position on the contract p

Hi guys, Applying for Tier 1 Entrepreneur visa (PSW) route/50k. Money held in UK Is it mandatory to put (job position/occupation) on your contract where you put your name and sign. For example, in my case: I put on the front page of the contract My company details and contact details Then, I put my...
by my_friend
Wed Jun 05, 2013 12:37 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Registration with Police - UKBA Policy Guidelines
Replies: 6
Views: 1644

Re: Registration with Police - UKBA Policy Guidelines

I am in a process of applying for my Tier-1 50k Visa. I am currently on Post Study Work Visa and I am an Indian national. I was going through the application form where it says: "Were you required to register with the police as a condition of your current or last grant of leave in the UK?"...
by my_friend
Tue Jun 04, 2013 2:31 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: tier 1 entrepreneur visa duration
Replies: 6
Views: 1323

My question is if its exactly 3 years with no extra days/months....how can we claim completion of 3 years during extension or ILR application.... 3 years for people applying from within the UK 3 years + 3 months for people applying from outside the UK In that case, how can one claim accelerated rou...
by my_friend
Mon Jun 03, 2013 1:17 am
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Funds enquiry after 6 months of awarding visa
Replies: 4
Views: 892

No.. No... It doesn't say you have to invest within 6 months.. I meant to clarify this point that is given on ukba website saying the following:- you must continue to have access to the funds you had when you made your application unless you have spent them establishing or running your business whi...
by my_friend
Sun Jun 02, 2013 10:22 pm
Forum: UK Tier 1 (Entrepreneur) visas
Topic: Current Appointment Report ! Dont provide printout !
Replies: 21
Views: 2592

Re: Current Appointment Report ! Dont provide printout !

http://wck2.companieshouse.gov.uk//wcframe?name=accessCompanyInfo here is the link downloads as many as you want and its TOTALLY free regards I guess 99 % people who applied submitted a printout instead of ordering one from companies house, but KickAss very well pointed atleast now I know that it i...