Tier1 entrepreneur visa extension has been refused- Help plz

[b2buk]

Hi

I am also in the same situation
All other points are granted other than 1st point

Only reason, my name was not mentioned as shareholder in accounts

Since shareholder is not mentioned in accounts as per current accounting practice or requirements for SME
my accountant did not mention my name in accounts as shareholder, but did as director

In your case, in sole trader's accounts, the capital mentioned in accounts belongs to the sole trader
That is the logic as per accountants

anyway you have the option to apply for AR based on the documents you submitted
they will not give the documents until your visa is granted
Or you may collect the documents in border when you leave UK

hi,
my visa is also refused because of my name is not in accounts as a shareholder, all other points are awarded, so is there any chance so I can win the case in JR? thanks

[noajthan]

To avoid confusion & jumbled responses, I have moved your question to its own thread (this one).

[zimba]

This is what 46-SD(b)(4) says in the current rules:

If the applicant has invested by way of share capital the business accounts must show the shareholders, the amount and value of the shares (on the date of purchase) in the applicant’s name as it appears on his application. If the value of the applicant’s share capital is not shown in the accounts, then a copy of the company’s register of members must be provided,