Jurisdiction(s):
United Kingdom

Related legal acts

Key definition

Sponsor definition

What does Sponsor mean? In acquisition finance, the sponsor is the private equity fund or other institutional equity investor that leads the deal, commits and arranges the equity funding, and exercises strategic control over the bid vehicle (Bidco/Newco). It is a descriptive market term, not defined by legislation or case law, and is ordinarily defined in the relevant investment, acquisition and finance documents for the transaction (for example, “Sponsor” means a named fund and its affiliates). Usage is broadly consistent across England & Wales, Scotland, Northern Ireland and Ireland. Typical features include the sponsor providing equity and often shareholder debt, delivering an equity commitment letter...

UK Skilled Worker route applications: practitioner guide to English-language, financial and genuineness requirements, switching, dependants, conditions, settlement and administrative review (2024–2026 updates)

Published by a LexisNexis Immigration expert

Practice notes

The Skilled Worker route

The Skilled Worker route allows UK employers holding a valid sponsor licence to hire, or continue to employ, skilled individuals who are neither British nor Irish nationals. It is the principal route for entry to, and residence in, the UK for employment. The Practice Note: sponsoring a Skilled Worker reviews the eligibility requirements connected to a sponsor issuing a certificate of sponsorship (CoS), including the necessary skill level and salary. Once a CoS has been issued, and provided the applicant meets all other criteria, they can apply for entry clearance or permission to stay...

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