Hi everyone, brilliant forum and super helpful.
I'm just about to apply to the Tier 1 Entrepreneur VISA and my situation is very simple.
I and a UK business partner are acquiring a UK based company.
He will be the finance director (he's an accountant by training) and
I will be the managing director.
He has 200K in his client account that are ready for investment into the company.
My questions are:
Can he be the 3rd party investor WHILE also being one of the acquiring parties of the company?
How critical is it to use a solicitor to carry out the application process for me?
The cost of 2K+ is not very attractive and the process seems simple enough to be carried out by myself
Thanks for the help people! Much appreciated.
- Chen
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