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abhikant wrote:I have taken a lot from this forum...its my turn to help people who are still stuck with ideas on how to invest the 50K in UK business..
INVESTING MONEY....its a two step process..
1. you need to give the partial/full money to the business you want to invest in....into company's business account...business can issue you share capital for the amount you invested...You should have a share certificate to show to UKBA for this. they will verify it from HMRC.
2. you need to give the partial/full money to the business you want to invest in....into company's business account...business can take this as a directors loan... You should have a loan agreement made between you and the business with proper legal attestation. make sure you know what rate you would be charging for this loan is as per market standards and less than business loans from banks (Logic : why will a company borrow from you if you are charging higher interest than banks ) .....also make sure you give this term for long-term 3-5 years.
UKBA will not accept any documents if you show you bought business property from 50K money also..as far as i am aware
Eventually we all have to invest this 50K (startup money for business) ..... into a UK business(of which we are a director)..as 1st criteria when we go for an extension 3 years later after getting T1 ENTP. VISA ....
I am not an expert but over this journy ...did so much research and found so much that i am happy to share my findings
HAPPY TO HELP.... HOPE THE BEST FOR ALL..