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SEIS / EIS Advance Assurance: How to run the eligibility check

Check whether the company appears ready to start an Advance Assurance application.

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Written by Undo Capital

Go to SEIS / EIS from the sidebar.

Select Start free 2 minute check under Check if your company qualifies.

The eligibility check is a short in-product assessment that helps you understand whether the company appears likely to qualify for SEIS, EIS, or both before you start the full Advance Assurance application.

The checker does not submit anything to HMRC. It only helps you decide whether it makes sense to continue with the application.

The checker is shown as a short question flow. You may be asked about:

  • whether the company is set up in the UK

  • whether the company has a UK permanent establishment

  • whether the company is already selling to customers

  • the company’s gross assets

  • the number of full-time equivalent employees

  • whether you are checking SEIS, EIS, or both

After you answer the questions, Undo shows one of two results.

If the company appears to meet the key criteria, you will see Eligibility check complete. From there, you can select Continue to application and begin preparing the Advance Assurance application.

If the company does not appear to meet the criteria right now, you may see Not eligible right now. You can review the reasons, go back to your answers, or restart the assessment later if the company’s position changes.

Reminder: Undo Capital doesn’t submit anything to HMRC.

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