If you wish to set up a Business in the UK or if you wish to expand your current overseas business to the UK, the Self Sponsorship route is the ideal way to work and live in the UK. It is important to note that there is no official visa called the ‘Self Sponsorship Visa’ but rather a route to enter the UK under the Skilled Worker Visa category.
The Self Sponsorship Visa will allow you (with the help of a UK resident Director) set up a UK Company that will then Sponsor you to come and work in the UK. Unlike the Innovator Visa, no minimum investment is required into the Business, and you can hold shares in the Business.
Who can apply for self sponsorship visa?
This Visa route is ideal for experienced business people or someone who has explored the UK business space and found an opportunity to set up a new business here in the UK. You must obtain a Sponsor Licence allowing the Company to sponsor you.
What is the process of Self-Sponsorship?
Stage 1 – Establish a UK company, and apply for a Sponsor Licence
Your UK company will be required to provide a minimum of 4 of the below documents:
Most recent UK bank statement showing funds in the account (the amount required will depend on the type of business you are planning to run)
- Employer’s Liability Insurance
- VAT certificate
- PAYE and Accounts Reference Number
- Business Bank Account
Timeline: Approximately 6 to 8 weeks on standard service and 10 working days on priority service
Other information
The UK company should have the following:
- A functional website (if applicable)
- A company email address
- A business plan, if the business is in the early stages
- An organisation chart – showing the current staff and vacancies.
- A letter confirming various details about your company such as business details, operating hours, the vacancies you have, and the salary you will pay yourself.
Stage 2 – Create and provide your UK company with a Human Resources pack
As part of applying for a sponsor licence, you must ensure that your company has the necessary policy and procedures to sponsor you as a skilled worker.
Timeline: Approximately two days.
Stage 3 – Be assigned a Certificate of Sponsorship, and we will assist you with the Skilled Worker Visa.
Upon the approval of your UK company Sponsor licence, you will require a Defined Certificate of Sponsorship.
Timeline: Approximately 4 to 12 weeks.
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