Your company must carry out a qualifying trade. have less than 250 full-time equivalent employees at the time the shares are issued.not have gross assets worth more than £15 million before any shares are issued, and not more than £16 million immediately afterwards.Your company and any qualifying subsidiaries must:
#EIS PARTS SERIES#
does not expect to close after completing a project or series of projects.is not controlled by another company, or does not have more than 50% of its shares owned by another company.
Under EIS, you can raise up to £5 million each year, and a maximum of £12 million in your company’s lifetime. It does this by offering tax reliefs to individual investors who buy new shares in your company. How the scheme worksĮIS is designed so that your company can raise money to help grow your business. The Enterprise Investment Scheme ( EIS) is one of 4 venture capital schemes - check which is appropriate for you.