EIS or Enterprise Investment Scheme is aims to help your company raise funds. This is achieved by offering tax reliefs to individual investors.
This scheme allows you to raise up to £5m per year, and a maximum of £12m in your company’s lifetime, including amounts raised using other schemes.
Within 7 years of its first commercial sale your company must receive investment under the scheme.
special rules apply to knowledge-intensive companies that extend time and investment limits
You are bound to follow the rules for at least 3 years in order to avoid tax reliefs from your investors being withheld or withdrawn.
Optima accountants have in depth knowledge on how the scheme works and what rules apply to it. We have experience with supporting clients in fully achieving the benefits of EIS.