What Is An EIS investment
Legal Clarity's EIS Investment package is suitable for companies wishing to issue shares to an investor that qualify for tax relief under the Enterprise Investment Scheme (EIS).
We typically work in conjunction with the company's accountants to procure that the legal aspects of the investment tie in with the relevant tax advice, this is crucial to securing the desired tax result (being qualification for EIS Relief).
We draft EIS Investment Agreements to meet your particular requirements.
What does our package include?
Detailed Consultations - with one of our solicitors to provide advice and to take detailed instructions.
EIS Investment and Shareholders Agreement - drafted in accordance with your instructions.
Articles of Association - re-drafting the company's Articles of Association, to facilitate the EIS Investment and Shareholders Agreement.
Ancillary Documents - including Companies House forms and share certificates.
Forms EIS 1 and EIS 3 - to apply to HMRC for formal approval of the tax relief on the EIS shares.
Guidance - written in plain English.
It is important to ensure that the EIS Investment Agreement and the Articles of Association are drafted so as ensure that the investment is eligible for EIS relief.
Read our EIS Investment Guide
There are certain conditions that a company and an investor must satisfy in order for the investor to qualify for tax relief under the EIS. Please read our EIS Investment Guide for details.