10 Alternative Financing
If we don't succeed, we run the risk of failure.
Dan Quayle
Enterprise Investment Schemes (EIS)
Overview
EIS schemes encourage small, higher risk, unquoted trading companies to raise finance by issuing full risk ordinary shares to investors who are resident and ordinarily resident for tax purposes in the UK. They can provide a much needed and valuable source of equity to UK film production companies.
Finance is sourced by the issue of a prospectus to the public and the sale of new, ordinary shares to investors in a ‘qualifying’ public limited company. The production of feature films is classed as a ‘qualifying’ trade.
Investors
- The investor must hold shares in the EIS investment scheme for at least 3 years.
- EIS ...
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