How long does the whole process take?
📘 Overview
The SEIS process typically takes up to 14 weeks from start to finish. The timeline can vary slightly depending on HMRC’s workload, but the stages below outline what to expect.
🔍 Step-by-Step Timeline
| Stage | Description | Estimated Time |
|---|---|---|
| 1. Apply for Advance Assurance | (Optional) Submit your advance assurance application to HMRC to confirm eligibility before raising investment. | ⏱️ 4–6 weeks |
| 2. Issue Shares | Once funds are received, issue shares and provide share certificates to investors. | 📄 1 week |
| 3. Submit SEIS1 Form | Send your SEIS1 compliance statement to HMRC for approval once you’ve met the qualifying conditions. | ⏱️ 4–6 weeks |
| 4. Receive SEIS2 and SEIS3 Forms | HMRC will issue SEIS2 (company approval) and SEIS3 (investor certificates). Forward SEIS3 forms to investors so they can claim relief. | 📬 1 week |
💡 Tip
To keep the process on track, ensure:
- All supporting documents (business plan, shareholder list, investment agreements) are complete before submission.
- You respond promptly to any HMRC queries.
Typical Total Timeframe:
📅 12–14 weeks from application to investor certificates.