Uk Startup Visa Business Plan
However, if you choose not invest £50,000 into your business straight away, then it is advisable to have a business plan that will demonstrate the viability of your business and explain how you will secure investment for your business in the future.
Uk startup visa business plan. The more thought you can put in now, the more likely you will succeed once you launch. The uk start up visa is aimed at ambitious entrepreneurs looking to set up their first business in britain. Startup visa is a new visa route in the uk that allows entrepreneurs from outside the european economic area (eea) and switzerland to set up a business in the uk.
The startup plan also includes full month by month accounts showing five years at forecasted plus higher and lower sales levels. Requirements include knowledge of english, access to at least £50,000 of investment capital, a valid passport, and a business plan. You can apply if you’re from outside the european economic area (ee a) and switzerland.
Established for over 10 years, we strive to ensure you have the best chance of obtaining an endorsement from an official endorsing organisation and ultimately meeting the uk home office's immigration rules requirement. The tier 1 entrepreneur visa route was closed in march 2019. The entrepreneur visa route will be replaced by the innovator visa after april 2019.
This startup visa replacing tier 1 (graduate entrepreneur) visa and it is for both graduates and non graduates. Accordingly, a start up visa applicant needs to provide an endorsement letter from their endorsing body which includes all the following information: Applicants will have an innovative, viable and scalable business idea which has been assessed and supported by an approved endorsing body.
Writing a business plan need not be a difficult process, but it will take time. Uk visa business plans have a team of specialist business plan writers in the uk when it comes to drafting plans for your start up visa, innovator visa or sole representative visa application. The tier 1 graduate entrepreneur business plan is tailored to the specific needs of international students willing to become entrepreneurs in the united kingdom under the tier 1 graduate entrepreneur visa scheme.
Additionally, the approved bodies that endorse such businesses are increased so that would far more likely allow people to access this visa route. You meet the other eligibility. A complete tool kit to allow you to apply:
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