Advance Assurance is an indication from HMRC that an investment is likely to qualify for tax relief under one of the UK’s venture capital schemes – the Seed Enterprise Investment Scheme (SEIS) or the Enterprise Investment Scheme (EIS).
Early-stage startups hoping to raise venture capital funding through SEIS or EIS can apply for Advance Assurance before approaching investors. If a company receives confirmation from HMRC of its eligibility for SEIS or EIS, it’s typically seen as a more attractive investment opportunity.
You can apply for Advance Assurance by completing an online form and submitting it to HMRC via your Government Gateway account. However, it’s much simpler and faster to use Carta for SEIS or EIS Advance Assurance. Our experts will work with you to collect all the necessary information and documents, before opening an Advance Assurance application on your behalf. Once we’ve submitted the application, we’ll handle any further discussions with HMRC and secure approval.