Saturday
Feb282009
EIS advance assurance
28 February 2009 in
Company,
Investment For those companies contemplating the issue of shares which will satisfy the Enterprise Investment Scheme rules, the Revenue has provided a form to be used when seeking an advance assurance that the company will be a qualifying company, the shares to be issued will be eligible, and the money raised will be used for a qualifying activity.
Given the intricacies of EIS, such an assurance is only going to be of limited value but it might, nevertheless, prove useful as a tool for companies when approaching prospective investors.

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