PomsInOz Forum - View Single Post - Is it possible to become a UK Company Director on 457 visa?

sali · 06-05-2008, 01:27 PM

Hi,

I am currently on a 457 visa here in Australia and am currently happy with my job etc. Before I moved to Australia I was working on a web business with a friend in the UK and the business is now about to be promoted and she wants to incorporate the company as a ltd company. She would like me to be the other company Director. I wil not theoretically be working for the business as I am over in Australia and have my new job - but as company director I would be eligible for a % of the profits etc from the UK business.

My question is if I become a Company Director for a company in the UK - am I breaching my rules of the 457 visa by "working for another company"? Has anyone else been in the same situation? I don't want to do anything to breach my visa conditions. If I become a Director and earn money from the site, will I also need to delare this in the Uk - or can I include it in my Oz tax return? Any help will be appreciated! thanks!

06-05-2008, 01:27 PM	#1 (permalink)
sali Junior Member Join Date: Apr 2008 Posts: 3 Thanks: 0 Thanked 0 Times in 0 Posts	Is it possible to become a UK Company Director on 457 visa? Hi, I am currently on a 457 visa here in Australia and am currently happy with my job etc. Before I moved to Australia I was working on a web business with a friend in the UK and the business is now about to be promoted and she wants to incorporate the company as a ltd company. She would like me to be the other company Director. I wil not theoretically be working for the business as I am over in Australia and have my new job - but as company director I would be eligible for a % of the profits etc from the UK business. My question is if I become a Company Director for a company in the UK - am I breaching my rules of the 457 visa by "working for another company"? Has anyone else been in the same situation? I don't want to do anything to breach my visa conditions. If I become a Director and earn money from the site, will I also need to delare this in the Uk - or can I include it in my Oz tax return? Any help will be appreciated! thanks!