It seems that HMRC take on average 6-8 weeks to approve an SEIS or EIS application, for both Advance Assurance and Compliance.

They tell us that simple applications (simple in that the company hasn't been trading yes, there are no complex subsidiaries, etc.) are approved quite quickly, but EIS applications for millions of Pounds in Advance Assurance can take up to 8 weeks.

We're seeing typical approval times of 3-4 weeks for applications done using SeedLegals.

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