Sunday 24 July 2016

Setting up a Business in the UK

Corporate Immigration Services


For people who come to the UK to get engaged in commercial activities, the government offers a Tier 1 entrepreneur visa. Procuring this visa, you can set up a new business or take over a operating enterprise.


The UK immigration authorities will ask you to prove that your intentions for business are genuine. To affirm this, you will have to provide adequate evidence of market research and your full business plans. It is advisable to consult lawyers offering corporate immigration services to guide you in gathering the right documentation to show that you do meet the official requirements.

In addition to proving your technical understanding to the business you are setting up, you also have to authenticate that you have ample funds for continual commercial activity. There should be at least £200,000 available. Alternatively, you can show that your funds are from a venture capitalist firm regulated by the Financial Services Authority - then a minimum amount of only £50,000 will be needed.


To further satisfy the requirements of entrepreneur visa in UK, you need to demonstrate that aside from the amount to be invested in business, you also have access to enough funds to support yourself and that you are in tune with the English language standards of the country. One of the ways to prove your aptitude in the national language of UK is to clear an approved English language test with at least CEFR level B1 in reading, writing, speaking and listening. The other is to have an academic qualification that was taught in English and is recognised by UK NARIC as being equal to a UK bachelor’s degree, master’s degree or PhD. 

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