Relief for investment in corporate trades for individuals
Start-up Capital Incentive (SCI)
SCI is designed to assist start-up companies raise equity financing. It is a tax relief available to family members of existing shareholders. The conditions to avail of relief under SCI are:
- The company must be carrying on a brand new venture.
- None of the shareholders can carry on a similar venture.
More details on SCI can be found in Relief for investment in corporate trades.
Next: Start-Up Relief for Entrepreneurs (SURE)