The EIS Association ("EISA") is an independent, not-for-profit organisation, the aim of which is to assist in the flow of capital and resource available to British small to medium-sized enterprises (SMEs) through the Enterprise Investment Scheme - the EIS.
The EIS Association, its founder members and board have been involved with the EIS since inception. The organisation dates back to 1990, originally as the BES Association and has an established history of dealing with tax effective investments in small to medium sized companies over a long period across various economic cycles.
The EISA performs a number of key functions, its aims are twofold:
- to work with HM Treasury, HM Revenue & Customs, Government Ministers, MPs, the FSA, BIS (Department for Business, Innovation & Skills) and other interested parties to improve the success of the EIS, and
- to promote the benefits of the Scheme across the board including investors, EIS companies and their advisers.
EISA has close and productive relationships with Government bodies and can count many successes over the years in improvements to the Scheme. As the major stakeholder, EISA is responsible for funnelling the views of its members and taking such action as is necessary to bring about change. EISA’s Tax & Technical team are alert to any potential changes in legislation and regularly invited to consult with Government departments in order to ensure that changes are implemented to achieve the desired effect. This team work between private and public sector is critical to the EIS industry and to the success of the Scheme for all its participants.
Increasingly, EISA collaborates with other trade bodies with interests in the small cap sector such as the BVCA (British Venture Capital Association), AIC (Association of Investment Companies), QCA (Quoted Companies Alliance) and numerous Business Angel organisations including the BBAA (British Business Angels Association).
Any party involved in EIS Schemes either as a Fund, professional or intermediary adviser should be involved in the EISA as a member, click here to join now.