The Enterprise Investment Scheme (EIS) is a government initiative to encourage investment in unquoted small and medium-sized businesses. Individuals can invest up to £1 million per annum and investments must be held for a minimum of three years. The tax incentives are:
Taken together, these tax incentives enable high rate taxpayers to risk no more than 38.5% of capital invested.
Oakfield Capital Partners does not provide tax advice and recommends you consult with a professional advisor if you are unsure of any aspects of the EIS legalisation.
Faisal is a director of the Shoaibi Group, a Saudi Arabian concern predominantly involved in oilfield services across the Middle East for all of the Group’s international investments.
Faisal graduated with a Bachelor of Science in Economics from the Wharton School at the University of Pennsylvania. He started his career in corporate finance and asset management with Saudi International Bank in London.