So, you have decided to set up a business in the UK? It is not hard to see why this is an attractive proposition. Needless to say, there is going to be a lot of work involved. To ensure you get your company off on the right foot, read on to discover common mistakes that should be avoided when setting up a business in the UK.

Practical tips for Tier 1 Entrepreneur Visa applicants:

Applying for the wrong visa

It is likely that you will need to make a Tier 1 Entrepreneur Visa application in order to set up a business in the UK. However, this does depend on the nature of your business, as well as the funds you have available. It is vital to familiarise yourself with what is required and make sure you can meet the criteria before submitting your application.

Failing to set up a business bank account

Mixing personal and business finances can be a nightmare. Not only in terms of money management, but you could find yourself in big trouble if HMRC decide to do an audit.

Forming your company incorrectly

In order to start your business properly, you are going to have to submit your company to Companies House. You need to ensure you choose the correct structure for your firm and that everything is filed correctly.

Not discovering whether you are legally permitted to use your business name

You will quickly find yourself in legal hot water if you infringe on another business’ trademark. You should never start using a business name on your marketing collateral, be it your social media or business cards, unless you have verified that someone else has not taken it.

Bad pricing

Do your research before entering the UK market. If you price yourself too low, consumers will assume that this is all your product or service is worth. It is not always best to go cheap.

Not understanding technology

In the UK today, technology plays a massive impact with regards to the way in which businesses operate. Technology can enlighten you to various trends and insights so that you can make more informed decisions, as well as enabling you to run your business more efficiently.

QC Immigration has vast experience guiding Tier 1 Entrepreneur Visa applicants successfully from start until finish. Book a consultation with us to discuss your UK business plans.

Need more information?

Learn more about how we work and support you through the UK Immigration Application Process.

Get In Touch


What do our users say

Thank you very much for your contribution and good job you have done for me and my family. Today, I feel that thanking you is not enough. You will remain in our hearts and we will always have this deepest and sincere regard for you, as you have always shown your kindness and your work have been appreciated by the whole family.

Long Residence Settlement (10 years) client – Mauritian

Qiyin is an extremely diligent and thorough immigration lawyer. She took the time to fully understand my case and application for the highly skilled migrant program. She was very careful to consider both the short and longer term issues related to my application and provided very balanced and frank advice. My highly skilled migrant visa was successfully renewed thanks to her advice and help. I highly recommend her.

Tier 1 (General) visa client – Singaporean

I would like to thank you for all the hard work you’ve done for us in the past few years! I am now finished with the whole process and had my UK Citizenship ceremony. We couldn’t have gotten this far without you!

Entry Clearance Settlement (Spouse) visa client – Canadian

Thank you for all your help. I got the visa this morning and look forward to going on holiday. See you again in 30 months for the next visa.

PEO same-day service (Spouse leave to remain) client – Thai

We are so glad that our friend recommended you to help with our ILR application and we have no doubt it may have been a different story if we were applying without your support! We appreciate your professional approach and knowledge on immigration matters and wish your business well in the future (we are sure you will be very successful). Have no doubt we will be using your services for our application for Citizenship.

Indefinite Leave to Remain (Spouse) client – Russian

The QC Immigration team has proved an absolute star on the immigration front and my son’s fiancée is now happily settled, thank you again.

Partner (Fiancée) Settlement Visa – Brazilian

Many thanks for all your work on our application, especially since I contacted you on short notice! I contacted you on Sept 22nd and we signed up with you on/around Sept 27th! So we pulled this all together a little over 3 weeks.

Premium Service (Fiancée) Partner visa client – American

You have exceeded our expectations by saving us so much time and money when organising this! Thank you for also co-operating with our investment manager and accountant to ensure everything ran smoothly.

Tier 1 Investor (Super Premium Service) client – Chinese

Naturalisation (British Citizenship) client - Dutch

EEA Permanent Residence client – Belgian

My family and I were very emotional receiving the good news today. Thank you for all your help and we will definitely recommend you to our European friends who are planning ahead after Brexit!

Naturalisation (British Citizenship) client – Dutch

My family and I were very emotional receiving the good news today. Thank you for all your help and we will definitely recommend you to our European friends who are planning ahead after Brexit!

Naturalisation (British Citizenship) client – Dutch