Raising finance for the business: companies
by Lindsey Wicks
1. Risk capital schemes: applying to HMRC
2. Risk capital schemes: advance assurance
3. Advising the client
4. Issuing shares
4.1. Costs related to issuing shares
4.2. Other implications
5. Qualifying loans
5.1. Loans to buy an interest in a close company
5.2. Loans to buy an interest in an employee-controlled company
6. Risk capital schemes: remaining conditions
6.1. Types of subsidiaries
6.2. Carrying on the qualifying activity
6.3. Conditions relating to the shares / securities
6.4. Purpose of the issue
6.5. No partnerships
6.6. No pre-arranged exits
6.7. No tax avoidance
6.8. No disqualifying arrangements
6.9. Risk-to-capital condition
7. Risk capital schemes: overview
8. Risk capital schemes: gateway conditions
8.1. General conditions
8.2. Trading requirement
8.3. Use of funds
9. Risk capital schemes: deciding between the schemes
9.1. Size limits
9.2. Age of company
9.3. Limits on EIS, SEIS and VCT funding