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

They tell us that simple SEIS application (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 8 weeks or more.

We're seeing typical approval times of 2-3 weeks for applications done using SeedLegals.

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