A Case Study By Kingsley Napley LLP

We acted for a major US-based private equity business with $billions of investments under management. The business urgently needed to establish a UK subsidiary and start trading. The main timing issue was the delay in opening a UK bank account which is necessary before a Skilled Worker sponsor licence application can proceed. We therefore advised a UK Expansion Worker sponsor licence should be submitted. The application was one of the first to be submitted under the new April 2022 category and so it involved clarifications and concessions from senior contacts at the Home Office, including expediting consideration as there was not a priority service available. Once the licence was approved, three senior employees of the US-business transferred as UK Expansion Workers. Once the UK business began trading and the UK bank account was opened, we assisted with a Skilled Worker sponsor licence application and then switched the status of the workers to Skilled Worker. This has the benefit of th