Tier 1 Start-up Visa
The Start Up Visa
The Start Up Visa focuses on individuals due to set up a business and want it established in the UK for the first time. Fortunately, this does not require you to be a graduate or even initially having a guaranteed financial budget. However, the applicant must demonstrate that they intend/can perform the ideas start in their plans.
This will all have to be approved by the home office to succeed. This Visa category contains detailed guidance notes that instruct applicants on the documents that must be submitted as proof of eligibility; failing to follow these instructions will result in an application being denied.
What Can We do to Help?
The Start Up Visa replaces the Tier 1 Visa, now allowing enthusiastic individuals to display their keen ideas through business ideas and models and we are here to help. The UK prompt entrepreneurial minds alike.
B&F have extensive experience when it comes to dealing with Start-up applications. Also, will walk you through how manage the Home Office component of this venture. We continue to support clients throughout the application process, from securing the necessary market strategy to working on the endorsement. This is all to be sure we fulfil the immigration rules for any extension/settlement applications later.
A Start-up Visa applicant must get an endorsement letter from a Home Office-approved endorsing entity. In B&F we are results oriented, we are committed to assisting you every step of the way. Bear in mind approved higher educational institutions or commercial organisations serve as endorsing bodies for Start-up Visas.
According to Home Office guidance, an endorsing organisation must have a track record of assisting UK entrepreneurs and must be competent to evaluate company plans against the Immigration laws' endorsement requirements.
There is also a list of endorsing bodies for Start-up visas posted by the home office and this list will always be updated.
B&F’s Action Plan
Firstly, we will start by analysing and accessing what course of application will be right for you. We take our time to find out more about you and your goals. This can be all done freely by booking a consultation with us.
Next, after deciding the course of action our team will work on outlining a strategy. You will experience the following:
This is a visa that is applicable for 2 years, it does not lead to straight access to settlement within the UK. However, you will have the ability to which to another visa while in the UK, the innovative visa. All things considered, the home office will also have to approve of the company’s idea and plan, but these are matters where we as a support company can help.
Once you have applied online and gone through the various next steps, you’ll receive your decision in 3 weeks if outside of the UK and 8 weeks if within the UK. In processes like this, you may be able to pay for a faster decision dependant on your location. This will cost £363 individually from outside the UK or £493 if within the UK and switching.
Contact us to find out more about costs and book your consultation with an authorised immigration expert.
The goal for the plan is for it to be viable, scalable, and innovative, B&F services will finely comb through the initial plan using our experience on the ever-changing market to bring life to a proposal that is original and has increasing potential for growth.
The use of our feasibility study will outline your strength and weaknesses, knowing these are important for the initial push of a company. We also assist in providing necessary information on the position of your competitors. In case of stagnancy, the R&D reports provide a fresh approach to problems that may arise. We are skilled and ready to assist in any field to do with the business’ development which concludes in a full valuation for you to witness. There is a range of services to choose from, the business plan is yours for us to expand with our years of marketing expertise.
Lastly, we'll help with the process of moving your business within the UK. All will be lined up for you to have the most advantageous start to your business as soon as possible.
Book A Consultation
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Why Work With Us
Our process is simple, and usually starts with the consultancy to understand better your venture and its goals. See more here…
We ensure we follow any official governmental guidance on the supporting documents for the investor/ business/tier 1 visas. For many years we have helped hundreds of entrepreneurs with the previous in place Tier 1 (Entrepreneur) Visa, and currently actively work on Sole Representative, Innovator, Startu-up and Investor business plans.
Please note that we are not an Endorsement Body. For Start-up and Innovator visas we can assist with vetting a business idea ensuring it meet all the criteria of the Home Office and individual Endorsing Body. We make sure it meets criteria of innovation, scalability and viability. We tend to customise the business plans based on the Endorsing Body requirements or templates. And finally, although we cannot promise the endorsement, we work with number of Endorsing Bodies which we can try to introduce your project (please note that the Endorsing Bodies fees might apply which are independent to us).
Absolutely! We pride ourselves with offering a phone, zoom or face to face meeting to discuss your business. We initially offer 40minutes consultation.
Our prices are highly competitive, scaling up or down depending on task complexity. Price would depend on the depth of the market research, delivery timeline and industry. We offer a free consultancy to discuss initially your business and offer a quotation for you to consider.
We work with many businesses, big and small. We are happy to discuss your initial goals and assist with finding the right pathway for your business, anything from a company formation, feasibility studies or funding. The best way is to get in touch with us to start your journey!
We currently work with over 50 law and immigration firms in the UK and globally. We are happy to work with them directly on creating your business plan, market research and financial projections. You can introduce us directly to your firm, or if you represent the firm, find out more how we work with partners, here.