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Investment through share capital

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

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pokekap07
Newly Registered
Posts: 28
Joined: Wed Mar 14, 2018 11:52 am
United Kingdom

Two Businesses

Post by pokekap07 » Tue Jul 10, 2018 2:05 pm

Hi there,
I operate as a limited company.
I registered my first business within the 6 months on my initial visa approval.
The second business was registered on the 7th month. (1 month ago).

Since my second business is doing well I am planning to employ staffs through that.
Will there be a problem later when I apply for an extension because they might just look at my second business and not give me points saying it was registered late?

Thank you for your time and support. This forum is amazing.

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marcnath
Moderator
Posts: 6493
Joined: Tue Jul 03, 2012 3:27 pm
Location: Milton Keynes
United Kingdom

Re: Two Businesses

Post by marcnath » Tue Jul 10, 2018 3:42 pm

pokekap07 wrote:
Tue Jul 10, 2018 2:05 pm
Hi there,
I operate as a limited company.
I registered my first business within the 6 months on my initial visa approval.
The second business was registered on the 7th month. (1 month ago).

Since my second business is doing well I am planning to employ staffs through that.
Will there be a problem later when I apply for an extension because they might just look at my second business and not give me points saying it was registered late?

Thank you for your time and support. This forum is amazing.
You should submit details of both companies at your extension.
First business to meet the requirements of registration within 6 months.
And the second to show you are still involved in a business.

They don't need to to be the same
My comments are in no way meant to be advisory. I have no professional knowledge of immigration. These are based on my own experience, convictions and personal interpretation of publicly available information.

pokekap07
Newly Registered
Posts: 28
Joined: Wed Mar 14, 2018 11:52 am
United Kingdom

Investment through share capital

Post by pokekap07 » Mon Jul 23, 2018 9:59 am

Hi everyone,
The money I invested was through share capital where 1 share was valued at £1 so hence the £50,000 investment.
From this forum, I can see most people opt for Directors Loan. Is it okay for me to invest this way? Am I at a disadvantage here? :shock:

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marcnath
Moderator
Posts: 6493
Joined: Tue Jul 03, 2012 3:27 pm
Location: Milton Keynes
United Kingdom

Re: Investment through share capital

Post by marcnath » Mon Jul 23, 2018 10:11 am

pokekap07 wrote:
Mon Jul 23, 2018 9:59 am
Hi everyone,
The money I invested was through share capital where 1 share was valued at £1 so hence the £50,000 investment.
From this forum, I can see most people opt for Directors Loan. Is it okay for me to invest this way? Am I at a disadvantage here? :shock:
Yes, it is perfectly ok.
And I think better from immigration rules - lesser documentation and demonstrates more commitment
My comments are in no way meant to be advisory. I have no professional knowledge of immigration. These are based on my own experience, convictions and personal interpretation of publicly available information.

pokekap07
Newly Registered
Posts: 28
Joined: Wed Mar 14, 2018 11:52 am
United Kingdom

Re: Investment through share capital

Post by pokekap07 » Mon Jul 23, 2018 10:15 am

Thanks for the prompt reply marcanth :D
Yeah looking at the policy guidance, it does seem this would be easier/less paperwork to do.

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