InterTradeIreland SEIS/EIS supports

As part of our AwakenClub Membership, InterTradeIreland hosted an information session on their new programme supporting founders SEIS/EIS via its Specialist Consultancy Support Scheme at our members DropIn session on Friday 13 October.

The Enterprise Investment Scheme (EIS) is designed to help smaller higher-risk trading companies raise finance by offering a range of tax reliefs to investors who buy new shares in an eligible company.

A company seeking finance via the Seed Enterprise Investment Scheme (SEIS) or EIS will need to obtain advance assurance from HMRC that the company, its trade and its shares qualify. The purpose of the Advance Assurance is to give potential investors comfort that the company should qualify for SEIS/EIS relief based on the information provided.

Non-UK companies can avail of the SEIS and EIS schemes if they meet the criteria set out by HMRC to qualify and importantly have a permanent establishment in the UK. A company will need to have a fixed place of business in the UK, through which its business is wholly or partly carried on. In certain circumstances, having an agent in the UK will meet this requirement.

InterTradeIreland can help via the provision of part funded specialist consultancy support to allow qualifying early stage companies to avail of the expertise of an approved service provider to secure SEIS/EIS advanced assurance.

AwakenClub members can access a watchback video via our closed community platform but for anyone else interested please see more information on InterTradeIreland’s website below.

https://intertradeireland.com/funding/seis-eis

With thanks to InterTradeIreland and all our supporters for their ongoing commitment to AwakenHub and our female founder community.