How long does the whole process take?
The process can take up to 14 weeks to complete and is made up of the following stages:
- Apply for advance assurance (response times from HMRC are 4-6 weeks). This stage is optional.
- Issue shares and share certificates to investors (1 week).
- Send SEIS1 forms to HMRC (response times are 4-6 weeks).
- Receive the SEIS 2 and 3 forms and send the SEIS 3 forms on to the investors (1 week).