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Business change to the one showed in paper

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

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hards9256
Newbie
Posts: 32
Joined: Wed Aug 07, 2013 4:11 pm
Location: Bristol
Contact:

Business change to the one showed in paper

Post by hards9256 » Wed Apr 22, 2015 1:59 pm

hello
Is it ok to do the different business than the one mentioned in ukba application?
Thanks

YouKTier
Junior Member
Posts: 62
Joined: Thu Aug 21, 2014 11:13 pm

Re: Business change to the one showed in paper

Post by YouKTier » Thu Apr 23, 2015 11:17 am

Yes thats fine but if you are on PSW route make sure the business is of level 4 or above, only then you can use it for extension. I would keep the initial business active to be on safer side.

hards9256
Newbie
Posts: 32
Joined: Wed Aug 07, 2013 4:11 pm
Location: Bristol
Contact:

Re: Business change to the one showed in paper

Post by hards9256 » Sat Apr 25, 2015 5:26 pm

[i m on 200k

Olasunkanmi
Diamond Member
Posts: 1324
Joined: Sat Aug 17, 2013 10:28 pm
Location: London, UK.

Re: Business change to the one showed in paper

Post by Olasunkanmi » Thu Apr 30, 2015 1:34 am

@ hards9256, you are allowed to run another business apart from the one you initially applied with as long as your new business continue to meet all the requirement of the rule and you also keep evidence of any money already invested in the former business.

Check the policy guidance of 04/2015, point 85 state as thus;

''85. We recognise that, as an entrepreneur, you may have moved on to other activities and no longer be involved in the business in which you initially invested, but we still require this evidence to show that the money was invested.''
The key to success is knowledge and hardwork, and to have faith.

khandrakhan
Newbie
Posts: 40
Joined: Sat May 02, 2015 5:29 pm

Re: Business change to the one showed in paper

Post by khandrakhan » Sat May 02, 2015 7:59 pm

Hi, yes it is okay. They don't care what business for 200k

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