The investor can only claim relief if he or she has a compliance certificate from the company for the shares1. The compliance certificate is issued to the investor on form SEIS3. The steps to issuing a SEIS3 compliance certificate are as follows:
| Steps to issuing SEIS3 | Commentary |
| Step one: form SEIS1 | The issuing company must provide HMRC with a compliance statement on form SEIS12. The form must be submitted using the online service linked in Apply to use the Seed Enterprise Investment Scheme to raise money for your company. Agents may submit applications on behalf of clients. The agent will need to provide a signed letter dated within the last 3 months confirming that they are entitled to act on the company's behalf.
The compliance statement states that the requirements for SEIS relief are for the time being met in relation to the shares to which the statement relates and have been so met at all times since they were issued3. It must contain such additional information |
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Web page updated on 17 Mar 2025 17:13