How to apply for advance assurance from HMRC for an EMI share option scheme

To ensure that the EMI share option scheme being proposed meets the qualifying criteria it is important that you seek advance assurance from HMRC. This will enable HMRC to clarify any grey areas while reducing any uncertainty for the parties involved. Each advance assurance application is made by preparing and sending a letter to HMRC together with supporting documentation.

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Advance Subscription Agreement: How they work and how to ensure SEIS/EIS compliance

Early stage companies with high growth aspire to gain quick and stable investment in order to survive. Traditional mechanisms of fundraising, including debt and equity investment are becoming less popular given the time, documentation and often disproportionate costs incurred. With the increased availability of private capital and seed enterprise investment scheme (“SEIS”) and enterprise investment […]

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Liquidation preference provisions: What are they and how can they be used?

Liquidation preference provisions In simple terms, liquidation preference provisions determine the order in which the company’s investors/stockholders will receive their money back, and how much the investors/stockholders are entitled to in the event that the company is liquidated. These provisions are particularly appealing to investors who are investing in high risk companies, such as a […]

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