Employment and Investment Incentive and Seed Capital Scheme

The Act introduces a new Employment and Investment Incentive and Seed Capital Scheme to replace the existing Business Expansion Scheme (BES) and Seed Capital Scheme. The new schemes will only come into operation after the necessary approval from the European Commission has been received and will be subject to Commencement Order from the Minister of Finance. The current BES and SCS provisions will remain in place until such time as the Commencement Order gives effect to the new provisions.

The principal changes announced are as follows:

Company Fundraising Limts -  Current Scheme - New Scheme 
     
Aggregate (lifetime) €2 million €10 million
12 Months €1.5 million €2.5 million

For further information please contact OSK Tax.

Welcome to OSK

A video message from Tadgh O'Sullivan, Director.

Request a Call Back

To request a call back from the OSK team, please complete the form below.

Request a Quote

To request a quote from the OSK team, please complete the form below...
Please note we cannot provide advice unless you are signed up as a client having completed the required money laundering documents, engagement letter has been issued to you and fee agreed.