Tier 1 Entrepreneur Ext. visa docs and requierments

[tarun_shreeji]

HI All,

we will apply for Tier 1 Entrepreneur Ext. next week. we are applying as Team.
and following documents we will submit with application. So Please give us advice any document we miss or any document we no needs to submit.

Set : A1 Applicant 1 Application form & personnel documents
• Application form
• Passports – 2
• BRP – 1
• Photos – 2

Set : A2 Applicant 1 Dependent 1 Application form & personnel documents
• Application form
• Passports – 2
• BRP – 1
• Photos – 2
• Marriage Certificate

Set :A3 Applicant 1 Dependent 2 Application form & personnel documents
• Application form
• Passports – 1
• Photos – 2
• Birth certificate

Set : A4 Document for English language requirement for Applicant 1
• Master degree

Set : A5 Maintenance Fund for Applicant 1 and 2 dependents
• Personnel bank account statements for last 4 months

Set : B1 Applicant 2 Application form & personnel documents
• Application form
• Passports – 2
• BRP – 1
• Photos – 2

Set : B2 Applicant 2 Dependent 1 Application form & personnel documents
• Application form
• Passports – 2
• BRP – 1
• Photos – 2
• Marriage Certificate

Set : B3 Applicant 2 Dependent 2 Application form & personnel documents
• Application form
• Passports – 2
• Photos – 2
• Birth certificate

Set : B4 Applicant 2 Dependent 3 Application form & personnel documents
• Application form
• Passports – 1
• BRP – 1
• Photos – 2
• Birth certificate

Set : B5 Document for English language requirement for Applicant 2
• Master degree

Set : B6 Maintenance Fund for Applicant 2 and 2 dependents
• Personnel bank account statements for last 4 months


Set : C1 Documents for Investment

• Company Accounts with Compilation report for 2nd year
1. Accountant Certificate
2. Report of the directors and Unaudited financial statements
3. Abbreviated Unaudited Accounts
4. Corporation Tax computation
5. Company tax return CT600

• Company Accounts with Compilation report for 3rd year
1. Accountant Certificate
2. Report of the directors and Unaudited financial statements
3. Abbreviated Unaudited Accounts
4. Corporation Tax computation
5. Company tax return CT600

• Management Accounts last for 31st Jan, 2017
• Director’s Loan agreement
• Joint personnel bank account for £50,000 transaction
• Bank letter for Personnel joint account for Signature holders
• Business bank account statement dated for £51,000 transaction
• Business bank letter for account for Signature holders
• Company appointment report Dated. 30th Jan, 2017
• CT41G
• CT620
• Accountant letter for investment conformation
• Trade body registration

Set : C2 Documents for Business registration within 6 months & business registration in time of application
• Company appointment report Dated 30th Jan, 2017

Set : C3 Document for Job creation ( Pre-6 April 2014 transitional arrangement )
(1 full time employee for 26 months, 32 hours per week )
• Hours sheet for 1 Full Time Employee for 26 months
• Wage slips for 1 full time employee for 26 months
• Full payment submission for 26 months
• HMRC real time yearly summery
• Employee payment record for 1 employee
• P46 & P60
• Employee Passport
• Employee driving licence
• Employee NI No.
• Company appointment report Dated 30th Jan, 2017
• Accountant letter for Job creation
• Business insurance


For Investment

we invested as Directors Loan,
From Joint Account to Business Bank account we transfer £50000 on 18th Aug 2015 to 21st Aug, 2015. and directors loan agreement dated 17th Aug, 2015, that fine?

and in Unaudited accounts its shows £50000 in creditors, and in notes write "Mr x and Mrs Y invested £50000 in ABC ltd. as unsecured Directos loan. that Finer?

both director get the monthly pay from business from last 1 years, but in Unaudited account and in management report still shows £50000 in directors loan, that fine?

For Job creation

we create 1 full time post for 26 months @ 32 hours per week, but in few months only 4 week thats why hours only 128 ( less than 130 ) , thats fine?

Please give us advise all above thing is good as per the requirement, or we needs to add anything.

I know I write long post, but please give us advise, its great help for us,

thanks in advance.

Patel

[tarun_shreeji]

Hello Gurus,

Zimba88, please reply,

thanks

Patel

[zimba]

It looks fine to me. However you are sending several documents they did not ask for

[tarun_shreeji]

Thank you Zimba88,

Please let me know , which document is extra , so we remove from file ,

Thanks

Patel

[zimba]

Please see which one the guide does NOT require you to send

[samaygrg]

Your list looks good for me as well.

HI All,

we will apply for Tier 1 Entrepreneur Ext. next week. we are applying as Team.
and following documents we will submit with application. So Please give us advice any document we miss or any document we no needs to submit.

Set : A1 Applicant 1 Application form & personnel documents
• Application form
• Passports – 2
• BRP – 1
• Photos – 2

Set : A2 Applicant 1 Dependent 1 Application form & personnel documents
• Application form
• Passports – 2
• BRP – 1
• Photos – 2
• Marriage Certificate

Set :A3 Applicant 1 Dependent 2 Application form & personnel documents
• Application form
• Passports – 1
• Photos – 2
• Birth certificate

Set : A4 Document for English language requirement for Applicant 1
• Master degree

Set : A5 Maintenance Fund for Applicant 1 and 2 dependents
• Personnel bank account statements for last 4 months

Set : B1 Applicant 2 Application form & personnel documents
• Application form
• Passports – 2
• BRP – 1
• Photos – 2

Set : B2 Applicant 2 Dependent 1 Application form & personnel documents
• Application form
• Passports – 2
• BRP – 1
• Photos – 2
• Marriage Certificate

Set : B3 Applicant 2 Dependent 2 Application form & personnel documents
• Application form
• Passports – 2
• Photos – 2
• Birth certificate

Set : B4 Applicant 2 Dependent 3 Application form & personnel documents
• Application form
• Passports – 1
• BRP – 1
• Photos – 2
• Birth certificate

Set : B5 Document for English language requirement for Applicant 2
• Master degree

Set : B6 Maintenance Fund for Applicant 2 and 2 dependents
• Personnel bank account statements for last 4 months


Set : C1 Documents for Investment

• Company Accounts with Compilation report for 2nd year
1. Accountant Certificate
2. Report of the directors and Unaudited financial statements
3. Abbreviated Unaudited Accounts
4. Corporation Tax computation
5. Company tax return CT600

• Company Accounts with Compilation report for 3rd year
1. Accountant Certificate
2. Report of the directors and Unaudited financial statements
3. Abbreviated Unaudited Accounts
4. Corporation Tax computation
5. Company tax return CT600

• Management Accounts last for 31st Jan, 2017
• Director’s Loan agreement
• Joint personnel bank account for £50,000 transaction
• Bank letter for Personnel joint account for Signature holders
• Business bank account statement dated for £51,000 transaction
• Business bank letter for account for Signature holders
• Company appointment report Dated. 30th Jan, 2017
• CT41G
• CT620
• Accountant letter for investment conformation
• Trade body registration

Set : C2 Documents for Business registration within 6 months & business registration in time of application
• Company appointment report Dated 30th Jan, 2017

Set : C3 Document for Job creation ( Pre-6 April 2014 transitional arrangement )
(1 full time employee for 26 months, 32 hours per week )
• Hours sheet for 1 Full Time Employee for 26 months
• Wage slips for 1 full time employee for 26 months
• Full payment submission for 26 months
• HMRC real time yearly summery
• Employee payment record for 1 employee
• P46 & P60
• Employee Passport
• Employee driving licence
• Employee NI No.
• Company appointment report Dated 30th Jan, 2017
• Accountant letter for Job creation
• Business insurance


For Investment

we invested as Directors Loan,
From Joint Account to Business Bank account we transfer £50000 on 18th Aug 2015 to 21st Aug, 2015. and directors loan agreement dated 17th Aug, 2015, that fine?

and in Unaudited accounts its shows £50000 in creditors, and in notes write "Mr x and Mrs Y invested £50000 in ABC ltd. as unsecured Directos loan. that Finer?

both director get the monthly pay from business from last 1 years, but in Unaudited account and in management report still shows £50000 in directors loan, that fine?

For Job creation

we create 1 full time post for 26 months @ 32 hours per week, but in few months only 4 week thats why hours only 128 ( less than 130 ) , thats fine?

Please give us advise all above thing is good as per the requirement, or we needs to add anything.

I know I write long post, but please give us advise, its great help for us,

thanks in advance.

Patel

[ishfaqsangra]

Does accountant letter of investment states anything as "excluding directors remeuneration"?

[tarun_shreeji]

Does accountant letter of investment states anything as "excluding directors remeuneration"?

Accountant letter not states anything about directors remeunetation. But letter include " 50000 invested and 3 years account and management account attached . And in all accounts shows 50000 investment .

[ishfaqsangra]

Lets say if they check directors pay from your FPS and object ?were you in profit in the last year?

[rosegun]

you have to provide monthly FPS report as well. I heard someone provide yearly FPS summary, requested by CW to provide monthly breakdown.

[tarun_shreeji]

From last 1 year both directors get monthly salary and also from last 2 years both directors get dividend, after all this company making profit in all three years, and in company's account and management report shows 51000 invest.

we will submit monthly FPS and bank statement, which shows director salary and dividend.

so is that fine, as per requirement?

please reply

thanks

[Jazz2007]

Hi Tarun,

1) Does your FPS shows Start/Leave(If applicable) dates?

2)Both Directors Salary from Investment or Revenue?

[tarun_shreeji]

Hi Tarun,

1) Does your FPS shows Start/Leave(If applicable) dates?

2)Both Directors Salary from Investment or Revenue?

FPS shows start dates,
after both directors Salary and dividend still directors loan account shows £50000.
and business also in profit.

[Jazz2007]

Hi Tarun,

1) Does your FPS shows Start/Leave(If applicable) dates?

2)Both Directors Salary from Investment or Revenue?

FPS shows start dates,
after both directors Salary and dividend still directors loan account shows £50000.
and business also in profit.

Perfect...
Please make sure to sign CT600 though,

Also make sure your DLA suffice this..

the terms of the loan;
 any interest that is payable;
 the period of the loan; and
 that the loan is unsecured and subordinated in favour of third-party creditors

[tarun_shreeji]

Hi Tarun,

1) Does your FPS shows Start/Leave(If applicable) dates?

2)Both Directors Salary from Investment or Revenue?

FPS shows start dates,
after both directors Salary and dividend still directors loan account shows £50000.
and business also in profit.

Perfect...
Please make sure to sign CT600 though,

Also make sure your DLA suffice this..

the terms of the loan;
 any interest that is payable;
 the period of the loan; and
 that the loan is unsecured and subordinated in favour of third-party creditors

Yes,
CT600 signd
DLA cover all requiements

[Atif786]

Hi , could you please tell me what this "DLA" is ?

[samaygrg]

Hi , could you please tell me what this "DLA" is ?

Director Loan Agreement, if you have invested via DL option.

[Atif786]

Hi , could you please tell me what this "DLA" is ?

Director Loan Agreement, if you have invested via DL option.

Thanks Samaygrg

[Atif786]

Thank you Zimba88,

Please let me know , which document is extra , so we remove from file ,

Thanks

Patel

HI Tarun, Any update on your visa?

[tarun_shreeji]

We applied on 23rd Feb and bio metric given on 4th march , after that waiting,
When you applied ?

[Atif786]

We applied on 23rd Feb and bio metric given on 4th march , after that waiting,
When you applied ?

Hi Tarun, I haven't applied yet, will be applying by the end of 3rd week.
Best of Luck