The Seed Enterprise Investment Scheme (SEIS) is a UK government initiative that provides tax incentives to investors who invest in very early-stage startups. It is designed to encourage investment in new and innovative companies that have not yet started to generate significant revenue, particularly those with innovative ideas and technologies.
However, as with any investment, there are risks involved and investors should carefully consider the suitability of the scheme based on their individual circumstances.
The Seed Enterprise Investment Scheme (SEIS) offers several benefits for both investors and the companies they invest in. Some of the key benefits of SEIS include:
Companies that qualify for SEIS can raise up to £250,000 in their lifetime using the scheme.
Overall, SEIS can be an attractive option for investors who are looking to reduce their tax bill and support the growth of very early-stage startups in the UK.
To qualify for funding through SEIS, a company must meet the following eligibility criteria:
In addition to these eligibility criteria, there are also specific rules around the use of funds raised through SEIS. The funds must be used for qualifying business activities, such as developing a new product or service, expanding into new markets, or investing in research and development.
For detailed advice and guidance on the Enterprise Investment Scheme, please contact us for an initial no obligations conversation.
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