We make applying for SEIS and EIS fast & simple.

Sapphire expert team

Expert support team

Our experts will quickly answer all your questions & keep you clear of the pitfalls.

Sapphire is a multi award winning SEIS team

Award winning service 

With 10+ years of award winning experience behind us - we know how to get you approved & fast.

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A simple process

Having successfully applied 100's of times - we make your application process simple.

CONTACT US

Seven reasons why you should use us.

1

Expert support team

We know SEIS and EIS. Our experts will quickly answer all your questions & keep you clear of the pitfalls.

2

Simple process

We know exactly how to put together an advance assurance application and make it very simple for you to follow.

3

We are fast

Having done too many applications to count - we know exactly what we are doing - so there is no time wasted.

4

99.3% success rate

Our success rate is in every conceivable sector, such as:
  1. Technology
  2. Creative arts
  3. Robotics
  4. Manufacturing & construction
  5. Retail
  6. Design & fashion
  7. Gaming
  8. Food and drink
  9. Education
  10. Transport
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5

Peace of mind

We have carried out so many successful applications - you know you are in safe hands. And we have hundreds of testimonials to prove it.

6

Pay us only on success

We are so confident that we can get you approved - we have linked our payment to your success.

7

Get funding

We manage over 25 VC funds & have contacts throughout the investment community - if you need funding then we might be the solution.

Why EIS? - five good reasons why it makes sense.

EIS offers excellent tax benefits to investors (e.g., 30% Income Tax relief and no Capital Gains Tax) in return for investment in start-up and small businesses. EIS was designed to boost economic growth in the UK by promoting new enterprise and entrepreneurship.

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  1. Investors get 30% Income Tax relief on amount subscribed (up to a maximum investment of £2 million for the 2019/2020 tax year provided that any amount over £1 million is invested in one or more "knowledge intensive" companies. Option to carry back to previous tax year providing the limit for that year has not been exceeded, the investment must be held for a minimum of three years to retain this relief);

  2. Investors get 100% Inheritance Tax relief after two years (provided the investment is held at the time of death);

  3. EIS capital gains tax deferral for the life of the investment on amount subscribed;

  4. Investors get 100% Capital Gains Tax relief (provided income tax relief has been given and not withdrawn and disposal takes place after the end of the EIS three year qualifying period); and

  5. Investors get loss relief (a loss on shares disposed of can be set against an Investor’s income or capital gain to reduce tax).

Find Out More About EIS

Can a foreign (non-UK) company obtain SEIS and EIS monies?

If you are a foreign company looking to expand into the UK, the good news is that you can avail of the SEIS /EIS and tap into UK private investment. A foreign company must meet the criteria set out by HMRC in order to qualify. The normal SEIS/EIS  requirements still stand however, foreign companies must meet the permanent establish condition, this can be done in either of the two ways below:

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A foreign company must have a permanent establishment in the UK.

HMRC requires a foreign company to have a permanent establishment in the UK, which means that an element of their work is carried out at a fixed place of business in the UK. The company must operate from the fixed place of business for the entire length of the ‘relevant period’ which is three years from the date trade commences or three years from the issuing of the shares.

A foreign company must have an agent in the UK

A foreign company can qualify for SEIS and/or EIS if they have a qualifying agent established in the UK. An agent must be UK based to qualify and have authority to act on the company’s behalf, such as entering into contracts on a frequent basis.

We have helped hundreds of startups.

I was delighted with the service that I received from Boyd and his team at Sapphire. I was anxious to get our EIS Advance Approval as soon as possible so I wanted to make sure the documentation was perfect. Boyd supplied me with all the templates I needed, including a cash-flow forecast template, which was extremely helpful and he was very responsive to all my questions. I felt in very safe hands and this was confirmed when the HMRC approval came through within four weeks of my application.

Sara Madderson

Madderson London

We had been looking into applying for EIS advance assurance and the whole process seemed very daunting. Johnathan from Sapphire Capital explained the whole process to us and took us through it step by step in a very efficient manner. It was extremely seamless and we were delighted to have found them to help.

Ross McDowell

Harty Nutrition Limited

Bondford was time-pressured to secure SEIS/EIS advanced assurance for its prospective investors. Boyd and Johnathan managed to secure that assurance within just 2-weeks and at a cost that was 50% less than our auditors. I would recommend their services.

Henry Vaughan

Bondford Group

The team at Sapphire really knows their stuff. They helped us through the entire process and the HMRC EIS application was approved with ease. I couldn’t hope for a more competent advisor in terms of SEIS and EIS applications.

Kiattipong Arttachariya

Paragon Partner

Johnathan of Sapphire was excellent in guiding us through the entire process. Although our holding company is based in the Republic of Ireland (in Cork), Johnathan made what is a complex process of applying for EIS advance assurance for a non-UK based company straightforward. I genuinely, could not recommend him enough.

Tony Duggan

Crossflow Payment Solutions Trading Limited (Elite programme member of London Stock Exchange Group)

See Over 100+ Successful Client Testimonials
Sapphire Capital

 

CUSTOMER SUPPORT

We are more than just a SEIS or EIS consultancy service.

You don't have to go it alone. The team at Sapphire are here to answer your questions, help you get to grips with what is required for a successful SEIS or EIS Advance Assurance application and answer any follow-up questions HMRC might have. All that - plus our dedicated help, blog resources and templates - means you will never feel you do not have enough support.

Transparent & fixed low pricing

Everything you need to obtain your EIS Advance Assurance, issue shares and complete the HMRC compliance forms.

All returning customers will benefit from a 15% reduction in price for subsequent purchases.

Amounts below do not include VAT.

Our Plans

Free

Standard

Plus

Standard

Plus

Overseas

Our Plans

£950

£1,500

£2,000

Our most popular package for UK companies seeking EIS Advance Assurance.

Our Plus Package for UK companies includes EIS Advance Assurance as well as help issuing the shares and completion of the HMRC EIS 1 forms.

Our Overseas Package is for non-UK companies that want to attract UK investors who can claim EIS relief. Package also includes help in setting up a branch office in the UK.

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We assist you in obtaining the EIS Advance Assurance.


See below

We go further - EIS Advance Assurance plus help with HMRC EIS 1 forms and compliance.


See below

We assist you in obtaining EIS Advance Assurance and meeting the Permanent Establishment condition.


See below
Free guidance eBook on EIS.
Summary checklist of EIS requirements by HMRC.
One-to-one guidance on EIS Advance Assurance requirements.
Dedicated Sapphire expert support.
HMRC excluded trades reviewed and explained.
Your business plan reviewed for potential HMRC issues.
HMRC draft financial projections template provided.
Draft directors resolutions prepared.
HMRC covering letter prepared.
HMRC application prepared and submitted by a Sapphire expert.
Ongoing liason with HMRC and any HMRC follow-up questions answered promtly.
Assist foreign companies in meeting the permanent establishment condition.    
Complete and review the company's OS IN01 form.    
Submit the OS IN01 form to Companies House and pay the fee.    
Obtain the Company Reference Number (CRN).    
Apply for and obtain the company's Unique Tax Reference (UTR).    
AFTER CARE SUPPORT:
Assistance with share structure & issue.
   
AFTER CARE SUPPORT:
Companies House submission guidance & support.
   
AFTER CARE SUPPORT:
EIS Form 1 completion, submission & HMRC follow up if required.
   
AFTER CARE SUPPORT:
Ongoing EIS compliance guidance.
   
Contact Us Contact Us Contact Us

Frequently Asked Questions

What are your payment terms?

We ask for 50% upfront and 50% on receipt of the Advance Assurance from HMRC. This way, we only really make money when you are successful. We like to think our interests are therefore aligned.

Do your prices include VAT?

The prices above do not include Value Added Tax ("VAT"). VAT is typically charged at 20% on the prices shown above.

How long does it typically take to get EIS Advance Assurance from HRMC?

Very hard question as it depends on the complexity of your business and your application. However, if we had to say, it would typically be six weeks. We have had many Advance Assurance applications come back within days - but on the other hand, some applications can take longer than six weeks.

Do only UK based companies qualify for SEIS or EIS advance assurance?

No - overseas-based companies can also qualify to raise money via SEIS and/or EIS if they have a permanent establishment in the UK. We have helped many overseas companies achieve this and it would be a pleasure to help you - just email Bronagh for more details at bronagh@sapphirecapitalpartners.co.uk 

Can a company apply for both SEIS and EIS Advance Assurance at the same time and if yes - is there an extra Sapphire fee to make this application?

Yes, you can. We can apply to HMRC for SEIS and EIS Advance Assurance at the same time. There is no extra Sapphire fee for making this joint application i.e., the prices are the same as above for a joint SEIS/EIS application. 

I received advanced assurance before the Finance Act 2018/19, which introduced criteria such as the risk to capital. Do you think if I re-submit the application as originally submitted that the company would meet the risk to capital criteria?

Not likely...

 

There two parts to the risk to capital condition:

  • Growth and development, and
  • Significant risk to investors.

For more information on this condition, consider reading EIS: The why and the what of the risk to capital condition.

 

Before resubmitting your application, consider adding a section addressing both parts of the risk to capital condition. We also recommend reviewing the entire application for anything that could be risk-reducing such as joint ventures, partnerships, etc.

 

This condition is very interpretation and has lead to many previous successful applications no longer qualifying. Most applications tend to already demonstrate that the company intends to use the money they raise for scaling up their business, but many businesses may no longer qualify due to being low-risk investments.

 

If the company resubmits the application without addressing this condition, prepare to receive many questions from HMRC on how the company meets the condition. We recommend addressing the issue, as any questions HMRC has will delay the process of receiving your advance assurance, assuming you meet the risk to capital condition.

Need more information on SEIS and EIS?

Download our free eBook guides.

A practical guide to SEIS

Download our SEIS guide to find out more about SEIS and all its many tax benefits.

A practical guide to EIS

Download our EIS guide to find out more about EIS and all its many tax benefits.

SEIS & EIS for foreign companies

Download our guide for foreign companies wanting to raise money via SEIS and EIS.

View Full Library of Guides

Contact Us

Get in touch, we are friendly and approachable

Locations

Sapphire works across two UK offices, based in London and Belfast. 

London Office

Berkeley Suite, 35 Berkeley Square
Mayfair
London, W1J 5BF.
 
+44 (0) 800 0545 070
info@sapphirecapitalpartners.co.uk

Belfast Office

28 Deramore Park
Malone
Belfast, BT9 5JU.
 
+44 (0) 800 0545 070
info@sapphirecapitalpartners.co.uk

Contact a SEIS expert

Trusted by 100's of successful businesses, including:


  • Velocity Capital Partners

  • EMV Capital

  •  BritBots 

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