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If you are claiming points for investing £50,000 awarded by a venture capital firm, seed
funding competition or UK government department or devolved government departments in
Scotland, Wales or Northern Ireland/intermediary public body, and have not been awarded
points in a previous application for having those funds available, you must provide a letter
as evidence of the source of those funds. This letter must contain all of the information set
out above- but it does not need to have been produced within the 3 months immediately
before the date of the application
1. Did you invest by DL or Share capital
Have you read the Guidance ?
It is the language that is confusing.Khan51214 wrote: ↑Thu Dec 07, 2017 12:39 amI received 50k straight from venture capital firm account to my company business account . My visa was approved on 29-12-2014 and i register my company on the same day and they transfer those funds into my company business account . I am only director of my company. .
1. Do i still need to show director loan aggrement?
If yes then how to make one ?
2. I already applied my visa and submit company accounts as well.
3. I also got accountant letter on which he confirms that i invested 50k+ into my business .
Ok. So I assume the accountant letter states that the VC invested the money. Hopefully it does not say that you personally invested the money, which would be a false statement.
Best of luck, did you apply yourself? or through solicitor?Khan51214 wrote: ↑Wed Dec 06, 2017 7:11 pmThank you very much for your reply . I applied my t1 extension today . Hoping for quick and positive response.
Attached following documents:-
1. Business bank statement showing transaction of 50k which received from venture capital firm and letter.
2. Current appointment report.
3. Company certificate.
3.12 months business statement.
4. Land registery documents.
5. Lease documents.
6.Agreement of goodwill and fixtures.
7.invoices of items which bought for business.
8.proof of 50k invested into business.
9. Utility bills and invoices of my business .
10. Employee rti( full payment subission)
11. P11
12. P32
13. P60
14. Hours calculated sheet from accountant.
15. Accountant confirming investment and employee hours worked.
16 . Maintance funds.
Hope so my application will straightforward get response quick.
I would say your are lucky that CW is using the evidential flexibility. Better focus on getting the letter from VC.
By the nature of the T1E visa there is nothing that you can call normal - each case is quite unique.