Getting your business EIS or SEIS-ready
Our team of corporate lawyers can support you with:
- Ensuring your eligibility under the EIS or SEIS schemes. We’ll check the detail, reviewing the necessary documentation so that it’s clear whether you’re eligible under the relevant investment scheme before proceeding.
- Obtaining advance assurance from HMRC. Demonstrate to investors your company’s eligibility before the investment proceeds. We’ll liaise with your accountant where necessary, ensuring a robust application to obtain advance assurance from HMRC.
- Guidance on the investment process itself, taking care of the necessary documentation such as your investment agreement and term sheet to make sure that this matches up with your subscription agreement.
- Ensuring that you are compliant, for example, making sure that the funds you receive are used for a qualifying purpose, that your company’s structure complies with the rules of your chosen scheme and that your funder also qualifies. We can also hold pre-investment funds in our client account.
- Restructuring your company’s legals such as the Articles of Association and any existing shareholders’ agreements to dovetail with the EIS and SEIS schemes and satisfy the needs of investors.
- Liaising with HMRC on your behalf and completing the documents they need to see at registration.
- Helping you with ongoing compliance and reporting requirements to HMRC so that you can get on with running your business.
- For investors: Advising on the EIS and SEIS investment rules and the reliefs available such as tax relief, exemption from Capital Gains Tax, deferral relief and CGT relief when certain assets are sold and funds re-invested in shares, making sure that this fits in with your investment portfolio.
What our clients say
We pride ourselves on delivering an excellent service for clients, but don’t just take our word for it.
…efficient, knowledgeable, experienced, communicative, responsive, reliable, pragmatic, informative, thorough, friendly,honest, helpful and she bills correctly – exactly what one wants from one's solicitor!
Our solicitor has been very helpful. Quick and efficient.
Harper James swiftly solves problems with a minimum of fuss. I strongly recommend them and they are a pleasure to work with.
The support, advice and guidance from Harper James was absolutely vital. Shubhu, Callum and the team there were always on hand to deal with any issues that we needed help with as the deal progressed. This is an exciting new stage in the development of the business.
We’ve been working with the team for over a year and since day one they've been pragmatic, diligent and above all, committed throughout. They work hard to add value and have been of great benefit to us and our investors.
Why work with legal specialists to qualify under the EIS and SEIS schemes?
Ensure your eligibility
Before proceeding, we’ll conduct the necessary due diligence and acquire the advance assurance to ensure that you qualify under either the EIS or SEIS schemes. With expert knowledge of the complexities of the schemes’ regulations we can swiftly inform you of your eligibility, help rectify any issues or suggest alternative solutions, and ultimately ensure you don’t waste time going through the research yourself.
Complex admin processes taken care of
From the applications to HMRC for advance assurance to the amendments of any existing company documents as well as obtaining tax relief certificates and liaising with your accountant, we’ll take on the admin so that you can concentrate on other key elements of running your business.
Speed and efficiency
We understand that EIS and SEIS investment typically involves fundraising at a critical early stage in your business’ growth, so we know that speed and efficiency is vital. Having supported hundreds of investments, our experienced corporate team will quickly be able to pick up on and address any issues arising over the course of the investment for both businesses and investors so that you can get access to the capital you need as soon as possible.
Achieve ongoing compliance
We’ll keep tabs on your business to make sure that it complies with the EIS and SEIS rules throughout the term of the investment. We’ll ensure you comply with all the necessary legal and regulatory aspects of selling shares under the EIS and SEIS schemes so that you don’t have to worry about any roadblocks to capital.
Strategic investment support that goes beyond EIS and SEIS
Where your company is investigating possible sources of capital in addition to EIS or SEIS, or your company is not eligible, our venture capital solicitors can advise you on other options available to you. We can also help you structure any VC deal that is put in place. Or if you are a high net-worth individual, private equity or VC firm, we can provide legal advice on all aspects of venture capital funding, including preparation of the necessary corporate documents to ensure your interests are protected.
Who we help: Start-up enterprises and investors considering investment under the EIS and SEIS schemes
Deciding to pursue EIS or SEIS investment needs careful planning and our seasoned corporate team are able to do just that for our varied range of entrepreneurial clients. We regularly support seed enterprises, start-ups, boards, company directors and investors on the EIS and SEIS schemes. So, whether you are a seed looking to launch, a start-up looking to grow your business, an established company wanting to scale up, or an investor seeking a tax-efficient way to help business and enterprise, our experts offer legal advice and hands-on support to help you reach your commercial goals.
Examples of our work
Event start-up hit by COVID launches new social platform for remote teams
25 June 2020
A tech firm who turned to Harper James for help with a Seed Enterprise Investment Scheme (SEIS) says the support ensured their business could survive. Founder …
Hospify: The healthcare messenger that’s coming of age in the era of COVID-19
30 April 2020
Hospify’s time is now. As one of the outlier companies that’s thriving in the challenging era of COVID-19, the healthtech start-up’s messaging platform is in …
Helping Adam Grooming Atelier scale their brand of boutique barbershops
28 April 2020
Adam Grooming Atelier’s founding story begins at The London School of Economics, where co-owners Esat Kolege and Oytun Pakcan discovered they shared a hometown – …
Why choose Harper James Solicitors?
Our corporate team is passionate about making legal services for UK start-ups more accessible helping them to move forward, develop, and grow. With experience across varied sectors and rapidly developing technologies (biotech, fintech, deeptech, edtech) we’re poised to bring UK entrepreneurs across the country the legal support required to level up. And because we have a detailed understanding of the challenges you face as an entrepreneur, we’re able to help you at each stage in your business’ growth. Beyond the need for advice on the EIS and SEIS schemes we can continue our relationship as you think about the next steps in your business plans: from hiring and terms of business, to creating commercial contracts and ensuring regulatory compliance. Our integrated team can offer you the support you need at every stage in your business’ lifecycle.
Find out more about the team here:
Adam Kudryl is a Partner and Corporate & Commercial Solicitor at Harper James Solicitors, specialising in strategic investments, acquisitions and sales.View profile
Abby Watson is a corporate solicitor, specialising in private equity investments, mergers & acquisitions, EMI share schemes, corporate finance and governance and more.View profile
Shubhu specialises in early-stage fund raisings, shareholder arrangements and M&A. Prior to joining Harper James she worked at Mills & Reeve and before that at Addleshaw Goddard and Slaughter and May.View profile
Jas is a corporate solicitor at Harper James Solicitors, advising on corporate governance, mergers & acquisitions, venture capital & investments.View profile
Corporate Solicitor & CEO
Toby Harper is the CEO & Founder of Harper James Solicitors, as well as a corporate & commercial solicitor. He specialises in venture capital and the tech sector.View profile
Stephen is an experienced corporate lawyer, with a career including time at DLA Piper and Pinsent Masons. He specialises in mergers and acquisitions and private equity work.View profile
Our three transparent pricing packages are designed to give you the widest possible access to high-quality legal advice, whatever the size and nature of your business:
Straightforward access to senior solicitors at a competitive rate.
An affordable solution for businesses needing one-off legal support. Receive ‘City’ partner-level expertise at a fraction of ‘City’ prices.
Have legal peace of mind for £189 per month with additional support from £99 per hour.
A monthly subscription legal support package specifically designed for start-ups and smaller businesses.
For businesses requiring 60+ hours of support a year, with prices equivalent to £99 per hour.
Fully account managed quarterly subscription service for businesses with more complex legal needs.