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T1E 200k :questions to start a new business

Only for UK Tier 1 (Entrepreneur) points system. This route is now closed to new applicants.

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karlchen
Newly Registered
Posts: 9
Joined: Thu Oct 05, 2017 1:00 am
China

T1E 200k :questions to start a new business

Post by karlchen » Thu Oct 05, 2017 1:44 am

The company(3rd party) I applied for and got the T1E visa has changed so much and I don’t want to put the 200k and decide to start a new cpmpany by myself, will that be OK to the extension?
Can I set up a company with 100P (100share) then invest the money gradually or I need to set up a company with 200k(100share)?
Do I need to register company tax in 6 month or just register the company and directorship in 6 month?
I want to transfer the 200k Investment from the joint account of my wife and I. Will that be fine to the investment requirement?
Many Thanks.

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marcnath
Moderator
Posts: 6493
Joined: Tue Jul 03, 2012 3:27 pm
Location: Milton Keynes
United Kingdom

Re: T1E 200k :questions to start a new business

Post by marcnath » Thu Oct 05, 2017 8:22 am

karlchen wrote:
Thu Oct 05, 2017 1:44 am
The company(3rd party) I applied for and got the T1E visa has changed so much and I don’t want to put the 200k and decide to start a new cpmpany by myself, will that be OK to the extension?
Yes, it is ok
karlchen wrote:
Thu Oct 05, 2017 1:44 am
Can I set up a company with 100P (100share) then invest the money gradually?
Yes, you can
karlchen wrote:
Thu Oct 05, 2017 1:44 am
Do I need to register company tax in 6 month or just register the company and directorship in 6 month?
Just the company and director appoiuntment
karlchen wrote:
Thu Oct 05, 2017 1:44 am
I want to transfer the 200k Investment from the joint account of my wife and I. Will that be fine to the investment requirement?
Many Thanks.
Yes
My comments are in no way meant to be advisory. I have no professional knowledge of immigration. These are based on my own experience, convictions and personal interpretation of publicly available information.

karlchen
Newly Registered
Posts: 9
Joined: Thu Oct 05, 2017 1:00 am
China

Re: T1E 200k :questions to start a new business

Post by karlchen » Thu Oct 05, 2017 8:42 am

Thanks so much and very helpful!! @marcnath
marcnath wrote:
Thu Oct 05, 2017 8:22 am
karlchen wrote:
Thu Oct 05, 2017 1:44 am
The company(3rd party) I applied for and got the T1E visa has changed so much and I don’t want to put the 200k and decide to start a new cpmpany by myself, will that be OK to the extension?
Yes, it is ok
karlchen wrote:
Thu Oct 05, 2017 1:44 am
Can I set up a company with 100P (100share) then invest the money gradually?
Yes, you can
karlchen wrote:
Thu Oct 05, 2017 1:44 am
Do I need to register company tax in 6 month or just register the company and directorship in 6 month?
Just the company and director appoiuntment
karlchen wrote:
Thu Oct 05, 2017 1:44 am
I want to transfer the 200k Investment from the joint account of my wife and I. Will that be fine to the investment requirement?
Many Thanks.
Yes

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