The Seed Enterprise Investment Scheme (SEIS) and the Enterprise Investment Scheme (EIS) are two of 4 venture capital schemes designed to help companies raise capital in the early stages of their life-cycle. Both schemes offer tax incentives to investors who purchase shares in qualifying companies. The primary tax incentive offer investors an income tax reduction of 50% of the amount invested in the case of SEIS and 30% of the amount invested for EIS, in addition to other benefits such as capital gains tax relief, loss relief and capital gains tax reinvestment relief.

  • Reviewed the company's business plan, pitch deck, legal structure and share documentation through our online portal
  • Performed a virtual deep dive review with key management and completed all supporting documents and checklists
  • Prepared the advance assurance application through our collaboration centre, removing any back-forth of documents over email
  • Submitted the advance assurance application and saving all key documentation in our documentation centre

Performing a detailed review with management and proven step-by-step process we were able to submit the advance assurance application in one day. Together with the Founder team, we obtained approval 2 days later ready for the business to raise their first capital.

  1. Your company can raise a maximum of £150,000 for SEIS in its lifetime and £5 million in total in any 12-month period under EIS (if you raise more, only up to £5 million worth of shares with be eligible for EIS).
  2. Your company must not have gross assets of more than £200,000 under SEIS at the time the shares are issued and no more than £15 million under EIS.
  3. Your company must have full-time equivalent employees of less than 25 under SEIS and 250 under EIS.
  4. Under SEIS your company must not have been trading for more than 2 years.
  5. Your company must carry out a qualifying trade.

If you’re part of a group, the majority of the group’s activities must be qualifying trades. In addition to the basic rules listed above, companies and the shares that are issued must meet further requirements and investors will typically want some certainty that their investment will qualify for relief. You can ask HMRC if they agree that an investment would meet the conditions of a scheme before you apply. This is called advanced assurance. You can use this to show your potential investors that your proposed investment may qualify for a scheme.

Related works

all works
Scroll to top