Do my investors need to sign a High Net Worth or Sophisticated Investor certificate?

The good news, is that anyone can invest in your business - friends, family members, professional investors.

The caveat is that the government recognises this kind of investment is risky. So the FCA has created some guidelines to categorise and notify investors so they understand the risks. 

There are 4 categories, each with their own requirements:

1. Everyday Investor

2. Advised Investor

3. Sophisticated Investor

4. High Net Worth Investor

Not sure which category your investor is in? Find out more here.

The FCA guidelines state that you only need those certificates to be signed by investors if you are an FCA regulated entity marketing a fundraise on behalf of the company. Therefore, it is at your discretion if you want your investors to certify or not.