EIS & SEIS

Enterprise Investment Scheme (EIS) and Seed Enterprise Investment Scheme (SEIS) are two tax relief schemes designed to help smaller, higher-risk companies to raise finance by offering tax incentives to investors who purchase shares in those companies. EIS and SEIS provide a range of tax reliefs to investors, including income tax relief, capital gains tax relief, and inheritance tax relief. These schemes can be complex and involve a number of legal requirements and procedures.

Key things to keep in mind for this type of legal work include:

1. Eligibility criteria for EIS/SEIS relief.
2. Compliance with the relevant legislation and regulations.
3. Proper structuring of investments to ensure compliance with tax and other legal requirements.
4. Due diligence on the investment opportunities.
5. Keeping up-to-date with any changes to the EIS/SEIS rules and regulations.

Common mistakes that people make when dealing with EIS/SEIS include:

1. Failing to meet the eligibility criteria for EIS/SEIS relief.
2. Not properly structuring the investment to meet EIS/SEIS requirements.
3. Not carrying out proper due diligence on the investment opportunity.
4. Failing to comply with the ongoing requirements for EIS/SEIS relief.
5. Failing to keep up-to-date with changes to the EIS/SEIS rules and regulations.

Our experienced solicitors are here to help you at all stages of your business. Contact us to learn more.

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