I’ve applied for workcation from HCM (now waiting after submitting some additional documents they requested). My situation is the following: for the last 6 months I’ve had more than the amount of 500,000TBH on my business bank account but as I worked less last year (did a sabbatical but supported one client with some minor income) I wasn’t accumulating much. Now in March I got a bigger payment from a client almost doubling the amount. So this should be fine?? I provided 6m corporate bank account statements highlighting the payments from clients, added invoices and client agreements.
I also have a substantial amount of savings on my personal bank accounts, for which I also provided bank statements of 6m.
I have a small LTD, I’m the owner of the business and I don’t pay myself a salary. Typically I let my business earnings grow for a year or two and then pay them off as dividends and then live off that money from my savings account (while working and keeping earnings in the business account).
I initially thought this would be completely ok but I’m starting to have doubts now. The business bank account is NOT on my name, it’s on the name of the business which I am the founder and owner of, and I’ve also submitted an official document stating this.
What else can I do to show that everything is legitimate? To me this all seems pretty normal for business owners.
I have also explained that my business is fully remote (added a document explaining my business, mission, vision, clients, client recommendations and my LinkedIn profile) and I’ve been self employed for 5 years.