#uk #ukbusinessimmigration #ukbusinessvisa

How to start business in UK | How can Students start Business in UK ? Step by Step guide to start Business in UK

Hi all ,

Welcome to Your Knowledge Buddy where today i will discusses the challenging job market in the UK due to the recession caused by the COVID19 pandemic, especially for those seeking visa sponsorship. I will suggest considering starting a business in the UK as an alternative, outlining steps to do so, including choosing a business type, visa requirements, setting up the business, obtaining a UK bank account, registering with HMRC, acquiring business insurance, and finding UK strategic partners.
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STUDY ABROAD
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Highlights
Starting a business in the UK is proposed as an alternative to seeking employment, especially for visa sponsorship.
NonUK citizens can set up a UK company without needing a UK visa, but visa options like the Innovator or Founder Visa are available for those who wish to move to the UK.
Steps for setting up a business include choosing a business type, deciding on a unique name, having a registered office address, appointing directors and shareholders, and creating founding documents like the memorandum and articles of association.
Opening a UK business bank account is advised to keep business finances separate.
Registering with HMRC is necessary to start trading in the UK and to fulfill tax obligations.
Business insurance, such as employers' liability insurance and public liability insurance, is recommended to protect the business.
UKbased representatives can be enlisted for roles in the business if needed, with legal assistance available from UK solicitors like A&J.

Timestamp :
00:00 Introduction
00:10 UK Recession
00:47 Start your Business in the UK
01:22 My introduction
01:30 Study abroad we can help free of cost
01:45 Step 1 Choose a Business Type
02:12 Step 2 Do you need a visa ?
02:30 Self Sponsorship visa
02:46 AY & J Solicitors
02:59 Check your eligibility for Self Sponsorship visa ?
03:03 Step 3 Setting up the Business
03:30 Step 4 UK Business Bank Account
03:52 Step 5 Register with HMRC
04:15 Step 6 Business Insurance
04:49 Step 7 UK Strategic Partners
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