18. Can I work in other companies on a UK Startup Visa?
Yes, you have the permit to work on any other businesses that you like at the same time that you work on your startup visa.
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17. UK Startup Visa Cost of the services (updated for UK innovator Founder 2024)
UK startup visa cost includes 4 types of cost: the cost of our services, the cost of the Visa application fee, and the cost of endorsing the body’s mentoring fee and the health insurance surcharge.
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16. Financial Projection Format in the UK Startup Visa
It should be a 5 year projection, based on IFRS standard.
Financial forecast refers to a hypothetical forecast of business development based on factual data. -
15. Business Plan Requirements in UK Startup Visa
Executive Summary (Business Summary, Objectives, Keys to Success, Vision, Mission, Core Values, Guilding Principles) Company Recourses Complete Market Analysis (Market Size, Market Growth, Market Definition, Market Segmentation) Strategy an Implementation Summary Management Summary SWOT Analysis Comprehensive Marketing Plan Complete Financial Plan include: Profit/loss (monthly, yearly, 3 years, 5 years) o Balance sheet (monthly, yearly, 3 years, 5 years) o Statement of cash flows (monthly, yearly, 3 years, 5 years) o Break Even Analysis o Revenue forecast model Relevant chart and graphs
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14. UK Startup Visa Guaranteed Endorsement
Through years of our activities with the UK Startup Visa Endorsing Bodies, we can guarantee the acceptance of the businesses that pass our selection, modification, or preparation process.
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13. Permanent Residency by the UK Startup Visa
The Start-up visa does not directly lead to ILR. However, time spent in this category does count towards the 5-year Long Residence route. Furthermore, if an applicant successfully switched from Start-up to Innovator, they could be eligible to apply for Settlement after 3 years on the Innovator visa.
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12. UK Startup Visa Check Points
Every 6 months, Home Office checks your progress with Endorsing Body
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11. UK Startup Visa Residency Permit
UK startup visa will not provide you a residency permit but granted a two-year Visa. However, you can apply for other types of residence permits when you enter with the UK Startup Visa. If you live in the UK for five years you intend to apply for permanent status. a startup visa for the first two years, and an innovator visa for the following three years.
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10. Duration of the UK Startup Visa
The visa will be issued for 2 years, from the time of Issuance of the Visa.
Note: Many ask if the starting time is from the date of signing the agreement with the Endorsing body. the answer is no. From the date that your visa is issued. -
9. Governmental Fees for UK startup Visa
The main fees are, Visa Fee (378£), Endorsment charges and Insurance health surcharge (1248£) that should be paid to the related bodies.
