New HMRC guidance: Use EIS to raise money for research, development or innovation

Released 05 December 2017

HMRC have published a new online guide for companies who may wish to use EIS to raise money for research, development or innovation.

Use the Enterprise Investment Scheme (EIS) to raise money for research, development or innovation explains how a knowledge-intensive company may be able to attract up to £20 million of investment in the lifetime of the company with the Enterprise Investment Scheme (EIS). The guide explains how the scheme works, what the money can be used for, companies that can use the scheme, conditions for the shares issued, and the advance assurance procedure.

View the new guide Use the Enterprise Investment Scheme (EIS) to raise money for research, development or innovation.

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