Legal Documents For Seis

Summary

When starting a limited company in England and seeking SEIS investment, essential documents include Articles of Association, Shareholders Agreement, SEIS compliance forms (SEIS1 and SEIS3), Investment Agreement, and Director Service Contracts. Additional documents like Founders Agreement, Intellectual Property Assignment Agreement, and Non-Disclosure Agreements may also be necessary. For family and friends to claim SEIS tax relief, they need the SEIS3 Certificate, Subscription Agreement, and Share Certificates. To obtain the SEIS3 certificate, submit the SEIS1 form to HMRC, await approval, and distribute the SEIS3 certificates to investors.

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any more documents that I need?
You might also consider the following:
- Founders' Agreement: Sets out the roles and responsibilities of each founder.
- Intellectual Property Assignment Agreement: Ensures that IP created by founders/employees is owned by the company.
- Non-Disclosure Agreements (NDAs): Protect sensitive information.
Would you like details on any of these?
What documents do family and friends need to be able to claim SEIS tax relief from the investment they made into my venture?
To claim SEIS tax relief, family and friends will need:
- SEIS3 Certificate: Issued by HMRC after the company submits SEIS1.
- Subscription Agreement: Proof of investment.
- Share Certificates: Evidence of share ownership.
Would you like more information on how to obtain the SEIS3 certificate?
Yes more information
To obtain the SEIS3 certificate, follow these steps:
*. SEIS1 Form: Submit SEIS1 form to HMRC after issuing shares.
*. HMRC Approval: HMRC reviews the form and, if approved, issues SEIS2 certificate.
*. SEIS3 Certificate: HMRC sends SEIS3 certificates, which you distribute to investors.
Would you like more details on the SEIS1 form submission process?