Company Group Restructuring And Due Diligence

What to consider from the Sponsor Licence perspective?

During a complex company restructuring process, any impact on the business's ability to sponsor foreign workers may be accidentally overlooked. However, it is important to be aware of your responsibilities at this time.

Sponsor licences are directly tied to the organisations to which they were originally granted. It means that a sponsor licence cannot be transferred to another (including newly incorporated) organisation during any type of restructuring, i.e. mergers, acquisitions or changes in ownership. Holding a sponsor license requires your organisation to uphold certain responsibilities of due diligence and communication to the Home Office regarding your employment of sponsored workers. Any changes in the structure of your organisation that may affect your sponsored workers' terms and conditions of employment, must be reported within 20 working days of the change.