if money is in business account, that mean you given a director loan to your business, so don't need to transfer it to again in to your personal account, you must provide director loan agreement at the time of hearing as an proof, if ask so
guidance says you must have access to 50k, its means you both if its joint application, (joint accounts only) in some cases home office did accept a declaration from both parties, but now a days home office is only considering joint accounts, bcz too much complications in declarations etc etc
1. its better not to use home address as business, (its my personal opinion), you can use virtual address for your business.
2. if you are running a company some times home office ask for employer liability insurance
hi, I had a same problem my passport expires, while application was in process, its simple you can send UKBA a new passport with your covering letter and your ukba ref no of ur in process application. ukba will update your file.
agreed with both of you, after getting the badge my job title would be lets say marketing manager / customer relation manager (corporate customers) only, or any title or job above NQF level 4 or above, but business main activity would be level 4 and above, bcz once open an company you can expand it ...
hi my question is can I apply for SIA badge, as I am on tier1 ent visa, which says I can work for the business I invested the capital, if my company wanted to gets security contracts.
its true, I didn't say that transfer the 50k in business and maintain 50k balance, once you transferred then its your business money, which has to be used to expand it. once you transferred 50k in business, that means investment in to your business. now your business can use this amount, investment ...
if you choose director loan, then you have to show legal agreement, or term and conditions of it... its complicated at the time of extension. but if you choose share investment, then its straight forward and clear, don't forget the element that you have to show that due to your investment, 2 full ti...
@ent123, once you transferred 50k in to your business account, your investment done, then its your business money, then you don't need to worry for share etc, transferred 50k in business and you are free from investment issue, your investment done.
@tuhc,,, My question is "I think you can go for a director loan option if you are already running a business before you submit application, I think you can't jump in to any other running business as director loan", you can jump in any other business as share investment, no doubt,,,, its confusing,
I contacted 3-5 accountants / chartered accountants, what they said in accountancy term only share investment counts, may be UKBA will change the rules later on, regarding director loan, bcz then any one can give a loan a become a director of company which is paid director, not the owner, I would su...
