Entry Clearance into the UK on a business visa was closed in 2019. However, businessperson entering the UK on a Tier 1 entrepreneur visa must apply extension to ensure that the business they are doing is sustainable. If your business visa is not extended, you will not only have problems with your stay, but you will also find it difficult to recover the funds you invested in your business and your employees will lose their jobs. It is important to prepare your extensions in advance because Tier 1 visa extension requires a lot of documents.

 

 

Take the time to prepare for Tier 1 business visa extension

It is vital that you are able to apply for an extension of your Tier 1 Entrepreneur visa on time, so making the Tier 1 Entrepreneur visa extension application last minute should be avoided. To extend your Tier 1 entrepreneur visa, you need to submit your application by the visa expiry date. Unlike other visas, Tier 1 entrepreneur visa extension is paper-intensive visa categories and it requires a lot of documents to prove your business. You need to keep documents including registration documents of the Companies house, accounting purposes, employee documents, and bank statement. You must consider the preparation time taken to issue or collect the document.


Keep your document for your Tier 1 extension

When you are running your business in the UK, you have to keep your company document including accounting documents in any event. It is also important to show some evidence of what your business has been doing since you first entered the Tier 1 Entrepreneur visa. In addition to the documents required, Tier 1 entrepreneur visa will be considered with caseworker’s subjective review, so it is helpful to gather and file document to show genuineness, development and potential of your business.


Record and Sum for your application

One of the key points to consider in Tier 1 Entrepreneurship Visa Extension applications is numerical -the amount of investment and working hours and salary requirements for employees. Even if you invested fund in the company, you should check in advance to see if it was invested in the form of investment in accordance with immigration rules. It is also necessary to calculate properly to ensure whether employees' working hours and wages are being calculated in accordance with immigration rules.


 
You must inform the accountant what you need

The Tier 1 Entrepreneur extension not only requires accounting documents to extend business visas, but also requires qualifications from accountants who were in charge of accounting for the company. Therefore, it is important to check whether your accountant have a qualification which is accepted by the Home Office. You also need to make sure that the accountant can support the documents required for the extension application. For example, documents relating to corporate taxes and salaries to be submitted should be kept in compliance with regulations. Being familiar with extension requirements can be key to successful application for Tier 1 entrepreneurial visa extension.


 
Keep maintaining financial evidence funds

The maintenance funds for Tier 1 visa extension application must be kept for 90 days. There is a risk of refusal if maintenance funds have not been held for more than 90 days prior to the visa application period and have been kept for only a short period of time. The Tier 1 Entrepreneur visa extension application focuses on the aspects of how the business was carried out and the job creation were met. However, it is important to remember that a small flaw, such as holding financial funds for a period shorter than the required 90 days, can cause applications to be refused no matter how good the business is. To avoid this, decide which personal bank account you want to fund 90 days before you apply for it, and see if the balance you are holding can be sufficient for both your own and your family's financial requirement. This account should not be touched for 90 days and should always be carefully managed to ensure that funds are kept above the balance.

 
Check if the bank statements are satisfactory to immigration rules

One of the most important documents required to extend Tier 1 entrepreneur visa is the business bank account details. Bank documents are formatted differently for each bank. You need to first check whether the format of the bank statement is accepted by the strict requirement of the Home Office. In some cases, a home-printed e-statement is the same format as the original statement, but other banks will not provide instant access to original bank statement by on-line. It is helpful to speak to your bank in advance to find out how you can meet the required format of the bank statement. If you should order your original bank statement, this usually takes 7 to 14 working days.
 

Consider your overseas travel schedule

The standard processing time for Tier 1 business visa extension application is announced as 8 weeks. However, it is common for processing by the HO to take much longer. Therefore, if you have to go abroad frequently for business reasons, you may not be able to make a business trip on time during the decision period, which may interrupt your business. Therefore, if you have an important overseas business trip, you should consider applying for an application earlier or delaying your overseas business trip. If you have an important overseas travel, it is also helpful to submit evidences that can explain in detail the need and reason of overseas travel on a specific date while submitting the extension application document so that the caseworker can be aware of it.

 
Check your route for settlement condition

Before applying for Tier 1 entrepreneur extension, it is worth to see if you can apply for settlement. If you have increased £5 million turnover or 10 jobs created by recruiting settled persons, you may apply for settlement in an accelerated route. However, if not, it is worth considering what to do with the ultimate route for settlement. This may include consideration of whether you are eligible to apply 10 yearlong residence settlement. It is also important to make sure your length of residence can be satisfied for full 5 years with your extension of the Tier 1 entrepreneur visa. If you have extended it but your residence period is less than 5 years, you will have to make the second extension. In particular, it is necessary to check in advance whether the conditions for settlement are met even if there are frequent business trips abroad or if there are many overseas trips due to personal reasons.
 

Make sure the documents comply with the requirement of the Immigration rules

The forms and contents of documents submitted for your visa extension should include the requirements set forth in the Immigration rules. Failure to meet one of these requirements may result in an application for Tier 1 business visa extension being refused. Therefore, it is very important to ensure that each individual document meets immigration rules before submitting an application.

 
Organize your document professionally

Presenting your document properly can help the Home Office make the correct decision on the application. Submitting a well-organized application document makes it very easy for the caseworker to find the documents. It may also be helpful to include a description of how submitted documents meet the requirements of immigration rules and what documents have been submitted for each requirement.