Business type : Import of granite

[bharat1992]

Hello Everyone,

I am currently in UK on tier 4 student visa and plan to register a company to start import of granite in UK. I went through the documentation for tier 1 entrepreneur visa route 200,000 but could not find any clarification on type of business that we can setup.

Is it permitted to register a company for importing granite and how strong will my application for tier 1 visa be. My company already has a license for exporting granite from India.

Any help would be appreciated!

[Casa]

What do you mean by 'my company'

When does your Tier 4 visa expire?

Are you aware that there are strict criteria for permitted employment in the UK for students holding a Tier 4 visa and starting a business or self-employment is not allowed.

In order for anyone to advise you, it would help if you could post details of your immigration history.

[zimba]

There is no restrictions on import/export businesses.

[bizman]

You are free to run any business except to buy property and run it as a landlord.

[Casa]

You are free to run any business except to buy property and run it as a landlord.

While on a Tier 4 Student visa? Since when

University of Portsmouth:
https://kb.myport.ac.uk/Article/Index/1 ... 20&id=1422

+
The UK Council for International Student Affairs (UKCISA)
https://www.ukcisa.org.uk/Information-- ... can-you-do

[bizman]

I assume he is switching from tier 4 visa to tier 1 E as he mentioned Tier 1. He is talking assumably about the type of business that is allowed.

@Bharat1992 can you please clarify this. You need to be specific.

[Casa]

My company already has a license for exporting granite from India.

This was my main concern.

[bharat1992]

Thank you for the quick response guys!

@Casa I alongwith my parents have a company registered in india that exports granite to US. Yes I am aware on the restriction of not being self-employed while on tier 4 student visa.For the same reason, I havn't even registered a company here in UK yet.I am on a MSc computer science course and my student visa expires in February 2018. I have been coming to the UK before on several occasions on 2 year tourist visa. Also thank you for the links, I went through all of them

@zimba I know we have to submit a strong business plan and in order to pass the genuine entrepreneur test, it has to be innovative and add value to the ecosystem in the UK. So my question was how good will this be for ECO when they look at my application?

@bizman yes tier 4 to tier 1 is what I am talking about. I understand that all 200K applications have to done outside of UK.

[bizman]

@Barhat any business that will improve the UK competitiveness and add significant economic value is allowed except buying property and running it as a landlord. Construction company is also allowed.

I will advise that you carry out a comprehensive research in the aggregate business and one important point is to ensure import of granite to UK is allowed.

All the best

[zimba]

@zimba I know we have to submit a strong business plan and in order to pass the genuine entrepreneur test, it has to be innovative and add value to the ecosystem in the UK. So my question was how good will this be for ECO when they look at my application?

I cannot comment on the viability of your business plans. It is entirely up to HO to decide if such a business plan is viable. You seem to be studying computer science and you want to move to Granite exporting business. Why ?? You better have good answers to these questions

[bharat1992]

@zimba thanks for letting me know your views. Currently I am at that stage where I am weighing between "granite import"(family history of being in that business), "tech startup"(having worked two years and done my masters in data science) and a "niche cafe" business(good market and stable returns). But like you said I will keep that in mind while I submit my supporting documents.

@bizman thank you! If you could point me to some site for business research that would be great, if not thanks anyways!

[CR001]

@bizman thank you! If you could point me to some site for business research that would be great, if not thanks anyways!

You will need to do your own research. Members are not permitted to post company website/information on the forum.

[seasky]

"in order to pass the genuine entrepreneur test, it has to be innovative and add value to the ecosystem in the UK"

I really wish it was the case. T1e route seems to have many low value/not serious entrepreneurs. They of course do not care that you cannot travel during extension period/ILR period (that has now become very long because of so many said entrepreneurs). Not travelling is an impossibility for international tech entrepreneurs

[seasky]

Adding a strong e commerce, online granite usage planning aspect to your plan might bridge your computer studies with family bussiness. Good luck!

[marcnath]

@zimba thanks for letting me know your views. Currently I am at that stage where I am weighing between "granite import"(family history of being in that business), "tech startup"(having worked two years and done my masters in data science) and a "niche cafe" business(good market and stable returns). But like you said I will keep that in mind while I submit my supporting documents.

@bizman thank you! If you could point me to some site for business research that would be great, if not thanks anyways!

Always interesting when I see comments such as "So my question was how good will this be for ECO when they look at my application? "

Personally, I think that is the wrong reason to choose your business. Decide on the business based on your expertise, your passion and your research. Then put your application together and I am sure those will reflect through to make a convincing business case.

I am an Angel Investor too and when I talk to entrepreneurs I can quite easily spot those who are pitching what they think I want to hear as compared to those who talk passionately about what they do.

[bharat1992]

@marcnath Thank you for your comments. They are really insightful to understand how you feel when you are on other side of the table. My aim is to analyse my own skills, fill a market gap and make maximum use of family resources I already have.

@seasky Thank you for pointing me in the right direction.I greatly appreciate the need for providing end-to-end consumer experience in this domain. I understand if I stick to my strong points, everything else will fall in place.

@CR001 I did not mean to say I require spoonfeeding (if that is what it felt like)

[CR001]

@CR001 I did not mean to say I require spoonfeeding (if that is what it felt like)

I was merely stating that members are not permitted to post names or websites of any companies on the forum, we have had problems with this in previous years.

[bharat1992]

@CR001 duly noted

[seasky]

Personally, I think that is the wrong reason to choose your business. Decide on the business based on your expertise, your passion and your research. Then put your application together and I am sure those will reflect through to make a convincing business case.

Marcnath,

There are many many non serious entrepreneurs on this forum. Recently one received ILR and immediately asked the board if he can now close his business and get a job....

[marcnath]

Personally, I think that is the wrong reason to choose your business. Decide on the business based on your expertise, your passion and your research. Then put your application together and I am sure those will reflect through to make a convincing business case.

Marcnath,

There are many many non serious entrepreneurs on this forum. Recently one received ILR and immediately asked the board if he can now close his business and get a job....