How do I file for EIS investment?

We'll explain what you need to do to apply for the Enterprise Investment Scheme and how to prepare your documents.

By Chris Andreou

Updated:

February 2, 2024

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How do I file for EIS investment? guide
How do I file for EIS investment? guide

Application process for the Enterprise Investment Scheme (EIS):

To apply for the Enterprise Investment Scheme (EIS), you need to:

  • Obtain the application form from HMRC. You need to request for the form in Welsh.
  • If you’ve received advance assurance, you need to show copies of documents that have changed since you received advance assurance from HMRC.
  • If you haven’t received advance assurance, you need to provide the following information about your company and any subsidiaries:
  • Business plan and financial forecasts
  • Latest accounts or bank statements
  • An explanation of how you meet the risk to capital condition
  • Information on all trading and activities to be carried out, and how much you expect to spend on each activity

Preparing your memorandum and articles of association:

An up-to-date copy of the memorandum and articles of association

  • The information memorandum, prospectus or other document used to explain the fundraising proposal to your investors
  • Information of any other agreements between your company and the shareholder
  • A list of the amounts, dates and venture capital schemes under which you’ve previously received investment
  • Any other documents to show you meet the qualifying conditions
  • If you’re applying as a knowledge intensive company, you need to provide evidence of how you qualify as one.

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