Book Now Are you sponsored by your own company?
Is running a company new to you?
Do you know what your new company obligations are and how to comply with your sponsorship obligations? Do you even realise you have obligations? Do you care? You must care.
So many excited 457 visa holders who have formed their own companies forget or ignore their sponsorship and new company obligations. Feel afraid if you proceed down this careless track. It can be life changing in a bad way.
Comply with your sponsorship obligations at all times!
If you don't the repercussions will be extremely serious and if you think we're joking, here are the top six things that can and will happen if you ignore our advice:-
1. Huge fines.
2. Cancellation of your sponsorship and 457 visa which means…
3. A three year ban on any further temporary visa applications and a one year ban on permanent residence applications.
4. Not being able to use your company to nominate you for permanent residence.
5. Going back to where you came from with your dreams shattered.
6. Losing all your hard earned money you have paid in fees, visa application charges and business set up expenses.
To help you, we have prepared an information sheet for those of you with new company sponsorships. It's a handy and practical guide to doing the right thing.
