Financial assessment of the client's capabilities and determination of the optimal deposit amount

Financial assessment of the client's capabilities and determination of the optimal deposit amount

Entering the British market requires not only legal readiness, but also a realistic financial strategy. Before opening a company, applying for a visa or attracting foreign partners, it is worth assessing your solvency, taking into account local requirements, banking practices and possible start-up costs.

Consultant's lawyers and financial advisors help clients accurately determine how much money is needed for a comfortable start, which expenses are mandatory, which are variable, and how to competently confirm financial solvency in legally significant documents. This allows you to avoid account blocking, visa refusals and suspicion from the banking system.

What we consider during a financial assessment

A financial assessment is not just an analysis of the amount of funds you have. It is a professionally analysed match between your goals, legal context, business model, and tax nuances with your actual budget. The right approach helps you avoid mistakes and prevent additional expenses in the future.

During the analysis, we pay attention to the following key factors:

1. The client's current income and savings (in Ukraine and abroad).
2. The client's regular expenses (personal and business).
3. The cost of company registration, annual reporting, and accounting services.
4. Projected expenses for taxes, salaries, rent, consulting, etc.
5. Legal requirements — in particular, proof of source of funds or justification of transactions.
6. Expectations of banks, potential partners, and investors.

For example, to open a business bank account, you sometimes need to demonstrate that you have start-up capital of at least £5,000–£20,000, depending on the bank, structure, and purpose of the business.

After the assessment, the client receives a detailed financial model: expected monthly/annual expenses, reserves for unforeseen expenses, as well as justification of the deposit amount — taking into account legal objectives (e.g., visa requirements, bank checks, etc.).

When a confirmed deposit or financial justification is required

In some cases, it is not enough to simply ‘have money’ — it is important to correctly declare and prove the source of funds, as well as provide the bank or government agencies with documentary evidence of financial solvency.

Typical situations when financial confirmation is required:

• Participation in visa programmes where you need to show ‘maintenance funds’ or the source of investment.
• Opening a business account in the UK for a non-resident, where statements, declarations, and confirmation from an accountant are requested.
• Attracting investors or signing contracts with British partners — who check your financial capabilities.
• Purchasing real estate or a share in a company — requires proof of funds.
• Preparing for AML/FT (anti-money laundering) compliance checks.

We help you gather all the necessary documents, including explanations, declarations, and certificates from banks, tax authorities, or auditors. If necessary, we engage trusted translators and notaries.

Why choose Consultant

Individual approach. We take into account not only UK legislation, but also your residency, tax obligations in Ukraine, currency control and compliance.

Legal depth + practicality. We combine analysis of figures with legal accuracy: we don't just count, we prepare documents that really work.

Experience with international cases. We help not only residents of Ukraine, but also citizens of other countries who work or invest in the UK.

Confidentiality. We guarantee the security of information, working only with secure channels and trusted partners.

Frequently asked questions about financial assessment of client opportunities and determining the optimal deposit amount