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How to draft a business plan for UK Sole Representative Visa?

Drafting Business Plan for UK Sole Representative Visa

By Business Immigration VisasPublished 3 years ago 2 min read
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Drafting a Business plan is an essential component of any business visa program. UK Sole Representative Visa is no different. The program is for company representatives who wish to start a branch or subsidiary in the UK for a company headquartered outside the UK. The entire process is very pretty much straightforward, but the business plan can be tricky. Many applicants hire experienced immigration Lawyers or Consultants to draft business plans for this program. Consultants have years of experience and have significant knowledge about the process and business in the UK.

What is the objective of a Business Plan?

Unlike the Global talent visa UK, you need a Business plan for the sole representative visa. It plays a vital role in the process of obtaining this business visa. The business plan's objective is to highlight the qualifications of the applicant, activities of the Parent company, and outline the future business activities in the UK.

How to draft the Business Plan?

If you hire a consultant, you can sit back and relax about the business plan. But, if you wish to draft on your own, then you can follow the below procedure:

Detailed activities of "parent" company

In this section, you need to mention the nature of business and activities in your native country. You must say the products and services of the company.

Education and industry experience of the applicant

In this section, you need to explain your education and experience. You can also mention your roles and responsibilities for your parent company. It will help convince you that you are skilled and capable enough to manage a UK branch.

Amount of Investment (Start-up Costs) and its use

However, there is no minimum investment requirement under UK Sole Representative Visa, but you need to mention the amount required to set up a branch in the UK. The amount must be from the parent company.

Future Activities of UK company

In this section, you must explain the detailed services you and your branch will offer to the UK people. Here, you can define your parent company's products and services and competitor analysis of the market.

Personnel Plan and Detailed Salaries

In this section, you need to mention how many employees you will hire in the UK and their monthly salaries

Financial position of the UK company

You can mention the profit and loss statement and other parent company's financial statements to validate the financial capability to set up a branch in the UK.

If you wish to attain UK Permanent Residency with UK Sole Representative Visa, you can reach us @ 8595338595 or at [email protected] for free immigration counseling and guidance.

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