Get Seed Enterprise Investment Scheme Compliance Statement

Filling out the Seed Enterprise Investment Scheme Compliance Statement is essential for companies issuing shares under the scheme. This guide will provide step-by-step instructions on how to complete the form accurately and efficiently.

Follow the steps to fill out the Seed Enterprise Investment Scheme Compliance Statement online.

1. Press the ‘Get Form’ button to access the form and open it in your document management system.
2. Enter the company details including the name of the company issuing shares, its Corporation Tax Unique Taxpayer Reference (UTR), date of incorporation in the format DD MM YYYY, address of the registered office, company registration number, and postcode.
3. Provide the share issue details by entering the date the shares were issued (DD MM YYYY) and listing the subscribers who will be claiming SEIS relief. Ensure only to include those investors to avoid restrictions on future fundraising.
4. Describe the shares and their nominal value, along with the amount subscribed (£) and the number of shares issued. Sum these amounts and enter the total from any separate schedules.
5. Indicate the qualifying business activity by stating whether the shares were issued to raise money for trade or research and development. Provide the name of any subsidiary company involved and confirm if the trade has already started with the appropriate date.
6. In the company funding section, detail any prior SEIS shares issued before the current share issue date and list amounts received by the company within the last three years that fall under the EC State aid de minimis regulation.
7. Complete the other information section by listing any share capital held by the subscribers at the time of share issuance, naming any companies that were 51% subsidiaries, and detailing spending of at least 70% of the raised funds.
8. Make the declaration, ensuring that all required conditions are met at the time of share issue. This includes confirming the shares were issued for genuine purposes, that qualifying conditions are met, and that all information is true and accurate.
9. Print the completed form and sign the declaration. Once signed, submit the form to HM Revenue & Customs at the specified address.

Complete and submit your Seed Enterprise Investment Scheme Compliance Statement online to ensure compliance and secure investor relief.