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Evidence of UK Business

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

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kswarriach
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Evidence of UK Business

Post by kswarriach » Thu Sep 13, 2012 10:48 pm

Hi Guys,

For Tier 1 Entrepreneur initial visa application via PSW route , do we must need the following things to prove the Business in UK

1:Companies House Document after registration
2: Company Business Bank Account Statement
3: Registration with HM Revenue & Customs

Are these requirements are for Extension applications ????

OR

we have to produce for the initial applications as well.Please could someone clarify.

Thanks in anticipation

Lucapooka
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Location: Brasil

Post by Lucapooka » Thu Sep 13, 2012 10:51 pm

To benefit from the PSW reduced capital (50K) concession, for initial applications:

You:
(i) are applying for leave to remain,
(ii) have, or were last granted, leave as a Tier 1 (Post-Study Work) Migrant,
(iii) were, on a date no earlier than three months prior to the date of application,
(1) registered with HM revenue and Customs as self-employed, or
(2) registered a new business in which you are a director, or
(3) registered as a director of an existing business,
(iv) are engaged in business activity, other than the work necessary to administer his business, in an occupation which appears on the list of occupations skilled to National Qualifications Framework level 4 and above, as stated in the codes of practice for Tier 2 Sponsors published by the UK
Border Agency, and
(v) have access to not less than £50,000.

makingastart
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Joined: Tue Jun 26, 2012 11:03 pm

Post by makingastart » Thu Sep 13, 2012 10:54 pm

Not sure about PSW router but for 200k Entrepreneur route, you have to register the company within 6 months of receiving the visa. That's plenty of time to set things up.

rajm2012
Member
Posts: 101
Joined: Tue Jul 10, 2012 11:25 pm

Re: Evidence of UK Business

Post by rajm2012 » Thu Sep 13, 2012 10:54 pm

kswarriach wrote:Hi Guys,

For Tier 1 Entrepreneur initial visa application via PSW route , do we must need the following things to prove the Business in UK

1:Companies House Document after registration
2: Company Business Bank Account Statement
3: Registration with HM Revenue & Customs

Are these requirements are for Extension applications ????

OR

we have to produce for the initial applications as well.Please could someone clarify.

Thanks in anticipation
These are the requirements for the initial application:

1. Printout of a Companies House
document showing the address
of the registered office, or head
office if it has no registered
office, and your name, as it
appears on the application form,
as a director.

2. a) Company bank statement
showing that the company has a
UK account; or
b) Letter from a UK bank
confirming that the company
has a bank account.

3. Business must be registered
for corporation tax with HM
Revenue & Customs. You must
supply either:
a) a copy of form CT41G from
HM Revenue & Customs
This must be completed and
show the date of registration
of the company with HM
Revenue & Customs and the
HM Revenue & Customs unique
reference number; or
b) a completed HM Revenue &
Customs tax return document
showing the tax reference
number for the company. This
can be either the company short
return form or the company tax
return form. If the reporting is
done online you should provide
a printout of the form.

Source: http://www.ukba.homeoffice.gov.uk/sitec ... dance1.pdf

smehmood
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Re: Evidence of UK Business

Post by smehmood » Thu Sep 13, 2012 11:47 pm

rajm2012 wrote:
kswarriach wrote:Hi Guys,

For Tier 1 Entrepreneur initial visa application via PSW route , do we must need the following things to prove the Business in UK

1:Companies House Document after registration
2: Company Business Bank Account Statement
3: Registration with HM Revenue & Customs

Are these requirements are for Extension applications ????

OR

we have to produce for the initial applications as well.Please could someone clarify

Thanks in anticipation
These are the requirements for the initial application:

1. Printout of a Companies House
document showing the address
of the registered office, or head
office if it has no registered
office, and your name, as it
appears on the application form,
as a director.

2. a) Company bank statement
showing that the company has a
UK account; or
b) Letter from a UK bank
confirming that the company
has a bank account.

3. Business must be registered
for corporation tax with HM
Revenue & Customs. You must
supply either:
a) a copy of form CT41G from
HM Revenue & Customs
This must be completed and
show the date of registration
of the company with HM
Revenue & Customs and the
HM Revenue & Customs unique
reference number; or
b) a completed HM Revenue &
Customs tax return document
showing the tax reference
number for the company. This
can be either the company short
return form or the company tax
return form. If the reporting is
done online you should provide
a printout of the form.

Source: http://www.ukba.homeoffice.gov.uk/sitec ... dance1.pdf

Hi

I think following should be added for Initial application under CAT D

1. Current Appointment report from company house

2. i do,nt think we need this. its for extension

3. i think this is also for extension

4. Advertisement of business and a contract+ invoice

Good luck
Shaukat

kswarriach
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Posts: 37
Joined: Wed Sep 05, 2012 9:54 pm
Location: IT
Contact:

Re: Evidence of UK Business

Post by kswarriach » Fri Sep 14, 2012 12:07 am

smehmood wrote:
rajm2012 wrote:
kswarriach wrote:Hi Guys,

For Tier 1 Entrepreneur initial visa application via PSW route , do we must need the following things to prove the Business in UK

1:Companies House Document after registration
2: Company Business Bank Account Statement
3: Registration with HM Revenue & Customs

Are these requirements are for Extension applications ????

OR

we have to produce for the initial applications as well.Please could someone clarify

Thanks in anticipation
These are the requirements for the initial application:

1. Printout of a Companies House
document showing the address
of the registered office, or head
office if it has no registered
office, and your name, as it
appears on the application form,
as a director.

2. a) Company bank statement
showing that the company has a
UK account; or
b) Letter from a UK bank
confirming that the company
has a bank account.

3. Business must be registered
for corporation tax with HM
Revenue & Customs. You must
supply either:
a) a copy of form CT41G from
HM Revenue & Customs
This must be completed and
show the date of registration
of the company with HM
Revenue & Customs and the
HM Revenue & Customs unique
reference number; or
b) a completed HM Revenue &
Customs tax return document
showing the tax reference
number for the company. This
can be either the company short
return form or the company tax
return form. If the reporting is
done online you should provide
a printout of the form.

Source: http://www.ukba.homeoffice.gov.uk/sitec ... dance1.pdf

Hi

I think following should be added for Initial application under CAT D

1. Current Appointment report from company house

2. i do,nt think we need this. its for extension

3. i think this is also for extension

4. Advertisement of business and a contract+ invoice

Good luck

Thanks guys for your swift replies.So it means we do not need Company Business Account and registration with HM.

But instead we just need the followings

1:Company incorporation certificate from company house
2:Current Appointment report from company house

am i right to understand ????

adeeltariq82
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Post by adeeltariq82 » Fri Sep 14, 2012 8:29 am

Hi,

Just a recent appointment letter from company house is required.
But we need to consider one point here as they ask for a contract to show trading, we attach a contract + invoice but then to prove it is a genuine invoice I personally think we should attach business statement as well showing that the amount on the invoice was actually transferred into our business account by the other company we are producing contract for .

If anyone got better information pls share

kswarriach
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Joined: Wed Sep 05, 2012 9:54 pm
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Post by kswarriach » Fri Sep 14, 2012 12:47 pm

adeeltariq82 wrote:Hi,

Just a recent appointment letter from company house is required.
But we need to consider one point here as they ask for a contract to show trading, we attach a contract + invoice but then to prove it is a genuine invoice I personally think we should attach business statement as well showing that the amount on the invoice was actually transferred into our business account by the other company we are producing contract for .

If anyone got better information pls share
Yes you are right ,I do agree as well....I am confused with company registration..There are three options e.g sole trader, partnership etc...So which option should i choose to register the company and get the documents which required for visa purpose...How much does it cost,,should i register via any company formation agent or directly with companies house...any help much appreciated

adeeltariq82
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Post by adeeltariq82 » Fri Sep 14, 2012 1:01 pm

It's better to register a limited company ,You can use companyformation247 to register your company.

kswarriach
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Post by kswarriach » Fri Sep 14, 2012 2:39 pm

adeeltariq82 wrote:It's better to register a limited company ,You can use companyformation247 to register your company.

Will the Electronic copy of the Certificate of Incorporation will fine or i need the Printed Certificate of Incorporation by post ???

If i just print it out that will be enough ???

adeeltariq82
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Post by adeeltariq82 » Fri Sep 14, 2012 3:12 pm

You will have to request current appointment letter from companies house.

rajm2012
Member
Posts: 101
Joined: Tue Jul 10, 2012 11:25 pm

Post by rajm2012 » Fri Sep 14, 2012 4:03 pm

kswarriach wrote:
adeeltariq82 wrote:It's better to register a limited company ,You can use companyformation247 to register your company.

Will the Electronic copy of the Certificate of Incorporation will fine or i need the Printed Certificate of Incorporation by post ???

If i just print it out that will be enough ???
Go for a limited company. www.companyformations123.co.uk are really good. In £60, they will register the company for you, send you all the documents electronically and post you all the printed documents as well. On top of that, they will forward your details to HSBC and Barclays and then you will receive a call from these banks to open a business account. You can choose one and then if you send your sort-code and account number to www.companyformations123.co.uk, they will give you £50 cashback within 90 days.

I opened my company through them and I've had a very good experience.

smehmood
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Post by smehmood » Fri Sep 14, 2012 6:58 pm

hi

The requirements i mentioned are minimum. u can send as many as documents u want related to one case but i always advise to keep things simple. some time more papers raise more questions.
Shaukat

entreprenuer11
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Re: Evidence of UK Business

Post by entreprenuer11 » Sat Sep 22, 2012 1:23 pm

kswarriach wrote:Hi Guys,

For Tier 1 Entrepreneur initial visa application via PSW route , do we must need the following things to prove the Business in UK

1:Companies House Document after registration
2: Company Business Bank Account Statement
3: Registration with HM Revenue & Customs

Are these requirements are for Extension applications ????

OR

we have to produce for the initial applications as well.Please could someone clarify.

Thanks in anticipation
At the time of initial application you only need to supply Current Appointments Report, available from companies house for £3.00.
It states your name, position, company name and date of incorporation.

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