At JNS Solicitors, we provide expert compliance services tailored for Innovator Founder Visa holders seeking Indefinite Leave to Remain (ILR). Achieving ILR under this category requires strict adherence to Home Office guidelines, including endorsement and business compliance. Our dedicated team will work with you to ensure every aspect of your application meets the required standards.
What Is a Compliance Service for Innovator Founder ILR?
Our compliance service is designed to help Innovator Founder Visa holders meet the stringent requirements for ILR. This includes verifying that your business operations align with the criteria set by endorsing bodies and the Home Office.
Key areas of focus include:
- Business Operations Review: Verifying that your business is active, trading, and sustainable.
- Financial Documentation: Assessing financial records to confirm your business meets revenue and investment thresholds.
- Employment Standards: Confirming compliance with job creation requirements and salary standards for resident workers.
- Achievement Validation: Ensuring significant achievements align with the business plan assessed in your previous endorsement.
Supporting Key Endorsement Criteria
JNS Solicitors will work with you to meet the key endorsement requirements, including:
- Demonstrating significant achievements in line with the business plan assessed during your previous endorsement.
- Confirming that your business is registered with Companies House, with you listed as a director or member.
- Verifying that your business is active, trading, and sustainable for at least 12 months based on assets, income, and expenses.
- Highlighting your active role in the day-to-day management and development of the business.
We also provide guidance in meeting specific additional criteria required for endorsement, including:
- Investment Utilisation: Ensuring the business has received at least £50,000 in investment and actively spent it towards the assessed business plan.
- Customer Growth: Validating that the number of customers has at least doubled in the most recent three years and exceeds the average for comparable UK businesses.
- Research and Development: Supporting significant research and development activities and intellectual property protection applications in the UK.
- Revenue Requirements: Verifying that the business has:
- Generated a minimum annual gross revenue of £1 million in the last full year covered by its accounts; or
- Generated a minimum annual gross revenue of £500,000 in the last full year, with at least £100,000 derived from exporting overseas.
- Job Creation: Confirming the business has:
- Created the equivalent of at least 10 full-time jobs for resident workers; or
- Created at least 5 full-time jobs for resident workers, each paying an average salary of £25,000 per year (gross pay, excluding expenses).
What to Expect from Our Compliance Services
When you engage JNS Solicitors for compliance services, you can expect a thorough and detailed evaluation of your business and application readiness. Our services include:
Endorsement Assessment and Collaboration:
- Reviewing your business’s alignment with innovation, viability, and scalability criteria.
- Ensuring your business plan is consistent with previous endorsements.
- Assisting with preparing for the endorsement letter process in collaboration with Home Office-approved endorsing bodies.
Business Documentation Review:
- Verifying that your business is registered with Companies House and is active and trading.
- Assessing financial records to confirm compliance with revenue and sustainability requirements.
- Ensuring accurate record-keeping of all business transactions and investments.
ILR Readiness Checks:
- Reviewing employment records to confirm job creation and salary requirements are met.
- Evaluating continuous residence and adherence to immigration rules.
- Guiding you through the Life in the UK Test and English language requirements.
Strategic Advice and Support:
- Providing strategic advice on meeting compliance and endorsement criteria.
- Offering recommendations for improving business processes to enhance efficiency and sustainability.
- Supporting you throughout the ILR application process with clear and actionable guidance.
Comprehensive Reporting and Follow-Up Support
Our compliance service includes a comprehensive report detailing our findings and recommendations. This report will:
- Highlight any areas of concern and how to address them.
- Provide a clear roadmap for preparing your ILR application.
- Include ongoing support to implement recommended changes and maintain compliance.
Why Choose JNS Solicitors?
At JNS Solicitors, we understand the complexities of applying for ILR under the Innovator Founder Visa category. With our in-depth knowledge of Home Office requirements and business compliance, we provide tailored advice to help you achieve settlement in the UK. Our team is dedicated to ensuring that your application process is efficient, effective, and most importantly, successful.
Contact us today to arrange a compliance service for Innovator Founder ILR and take the next step toward securing your permanent settlement in the UK.