Subsidiaries & EIS / SEIS

Your company can be eligible for EIS and SEIS if it has a subsidiary, or is part of a group with multiple subsidiaries, provided that:

  • It owns at least 50% of the share capital in the subsidiary;
  • The subsidiary is not controlled by another company;
  • The subsidiary carries out a qualifying trade;
  • There are no subsidiaries in the group that do not carry out a qualifying trade; and
  • The subsidiary is at least 90% owned by your company if it will be spending the EIS/ SEIS funds.

Your company will not be eligible if it has a parent company controlling it.