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URGENTLY NEED YOUR HELP ON ISSUES RELATING TO TIER 1 ENTREPR

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

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aboabai
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Posts: 14
Joined: Thu Apr 24, 2014 8:52 pm

URGENTLY NEED YOUR HELP ON ISSUES RELATING TO TIER 1 ENTREPR

Post by aboabai » Fri Apr 25, 2014 11:59 pm

Pls Brothers and Sisters,

can someone advice on this issue,

1) is investing in Restaurant/Bar with Multi-Purpose Function Hall for hiring for events, and Executive Lounge a viable business under tier 1 entrepreneur visa?

2)We have a registered limited company that is 11months and 5days today, (the company will be a year old on the 20th May 2014, we plan to submit on the 15th May 2014). We are unable to open business account due to bad credit of the other director, then we resort to opening a joint bank account where we would be having the balance of the 35K as we have invested about 15k in securing a property on lease for the business.

3) Due to all these issues, we decided to register a partnership business with HRMC with same name as the registered limited company mean the partnership and the limited company has same name, for example (partnership name is: XYZ while Company name is: XYZ LTD ). I was able to open an account in the name of the partnership as sole trader as we cant open business account together.

Is it possible to use both the partnership and Limited company documents together as the lease document is Limited company's name?

Please brothers and sisters I need clarification and best way to approach this issue.

Thank you.

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