Do I need to provide proof of profit or business contracts when applying for DTV in London?

Oct 8, 2024
2 months ago
Linny *******
ORIGINAL POSTER
Hi

I have recently registered a freelance business in England. I want to apply for DTV in London but wonder if I will be asked for proof of profit for my company or business contracts. I obviously don’t have any yet but can satisfy all other requirements of DTV.

I’m just wondering if anyone has a similar situation and were successful in receiving DTV. Thanks
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TLDR : Answer Summary
The user is inquiring about the requirements for applying for a DTV visa in London after recently registering a freelance business. They are concerned about the necessity of providing proof of profit or business contracts, given they do not have any yet, while expressing that they meet all other requirements for the visa.
DTV VISA RESOURCES / SERVICES
Lee ***********
You need to be able to prove income and show tax returns, I've just done it. Your basically showing your concept works and you can sustain yourself, at this time you have no proof.
Wannikea *********
How recently?
Linny *******
ORIGINAL POSTER
@Wannikea ********
the company commenced and registered in July 24 but our website is live just not selling yet.
Linny *******
ORIGINAL POSTER
Yes I have experience of owning and running a business.

This is a legitimate business that I can run from anywhere in the world. I just like Thailand 😊
Wannikea *********
@Linny ******
I don't think it's too out of line to have a newly formed business to possibly take advantage of what the DTV is offering and you are looking for some work. Do you have any previous experience or work history in this field?
Linny *******
ORIGINAL POSTER
That’s true. Why do they sometimes ask for tax returns though ? Proof of business maybe?
Andi ***********
@Linny ******
Yes they want to know you work for a legit business.
Sam *********
im assuming having money really helps and has done with past METV. if you have a very healthy bank balance/investments then they are more lenient as they know you can support yourself and will bring in decent money to spend. just my theory
Sam *********
@Andi **********
right, i think it is case by case, but showing online website, bank statements with income from who you say you work for, etc may work. ill update when i apply but im an affiliate but dont hav uk company or tax returns.
Andi ***********
@Sam ********
Yeah, it is case by case
Sam *********
@Linny ******
just a guess, but i think for cases where the "portfolio" looks like it may not be legit. a live website would be legit id hope
Linny *******
ORIGINAL POSTER
@Sam ********
good point. We are also registered as limited company
Andi ***********
@Linny ******
They can ask for them if they are not satisfied without them
Rob *********
@Sam ********
What about contracts? As far as I know they need to see contracts? 🤔
Sam *********
@Rob ********
ive not applied yet but from what ive seen they are ok with only portfolio. contracts, tax returns, company rego all just help but not needed by all
Andi ***********
@Linny ******
There is no minimumi ncome requirement for the DTV