Green River: Green River Distilling Co. – Rebrand

Green River Design Ad - Green River Distilling Co. - Rebrand
Green River Design Ad - Green River Distilling Co. - Rebrand
Green River Design Ad - Green River Distilling Co. - Rebrand

O.Z. Tyler reached out to Moxie Sozo to completely rebrand their distillery to Green River Distilling Co. — a pre-prohibition brand and the 10th bourbon distillery in Kentucky. With such rich history, Moxie Sozo paid homage to the past brand and packaging while creating a fresh bottle experience for the consumer. The new bottle, completely designed by Moxie, is the shape of a horseshoe.

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Everything You Need To Know About The Enterprise Investment Scheme!

The purpose of the EIS (Enterprise Investment Scheme) is to help non-registered commercial companies (high-risk small businesses) raise capital by providing tax incentives to investors who receive shares in the relevant company. If a company is less than two years old, it should consider the Seed Enterprise Investment Scheme (SEIS), which encourages investors to invest in companies in the early stages of their trading.

In addition, if a company raises additional investments through EIS, it will need to run the EIS1/EIS2/EIS3 process for each funding round. This means that if a company does not adhere to the investment rules of the enterprise investment scheme, it is no longer eligible and, in turn, investors are no longer eligible to benefit from the investment. This means that even if an investor has shares in several EIS companies that have made a net profit, he can still claim damages if one company did not return the initial investment.

Adhere To Rules

If, at any time during this period, circumstances within the company change and it is deemed no longer eligible, it may be excluded from the scheme and thus lose the ability to claim tax credits on behalf of investors. If you do not comply with the rules for at least three years after investing, the government may withhold or revoke tax credits for your investors. You must comply with the program rules for at least 3 years after investing, otherwise, the tax benefits will be withdrawn by your investors.

There is also a stipulation that your funds must be used within two years of the investment, or from the date, you start trading, whichever is later. Your business must receive venture capital within 7 years of its first commercial sale. To be considered a technology-intensive company, a company must first qualify for the Enterprise Investment Program and then meet a number of other criteria, including a desire to raise more than 12 million PS over its lifetime, but not receive investment through other venture capital. Within seven years of commercial sale.

Eligibility To Get Benefit

To qualify for an enterprise investment scheme, a company must be based in the UK and have no assets worth more than £15 or £16 million post-investment. In order for an investor to apply for an EIS, the company they invest in must meet the EIS eligibility requirements and maintain an EIS eligibility status throughout the holding period. In order to obtain this certification, a company must provide certain key information to the Small Business Entrepreneurship Center (SCEC), including the business it is in, company structure, financial outlook, intended capital and share capital, and the investor intends to apply for EIS assistance after purchase. shares.

Simply visit the following page, complete the EIS (AA) form and submit it to HMRC. If you want to reward existing investors by giving them the benefits of an EIS, you need to apply to the Small Business Entrepreneurship Center (SCEC) that runs the program.

Eligibility For EIS Investment

As an investor, they allow you to invest your money in a company with very favourable tax benefits. As an investor, you can apply for a 50% income tax exemption under the SEIS scheme and 30% under the EIS scheme, making these schemes an attractive way to invest your money. If this is the case and you are determined to invest, you should consider switching to SEIS rather than EIS as SEIS uses the EIS income tax credit of 30% and increases it to 50%.

In addition to whether the company is eligible for EIS investments (more on that later), there are also boxes that need to be checked for individual investors if they are eligible for tax benefits. Before you think about it, make sure you qualify, whether you’re a company looking to attract an investor under the EIS system or an investor hoping to take advantage of tax incentives. In order to issue EIS shares that will allow your investors to apply for EIS tax credits, you need to ensure that your business meets the EIS HMRC criteria.

The Corporate Investment Scheme (EIS) is a scheme introduced by the government in 1994 to help small businesses raise funds and grow. Essentially, the purpose of the EIS is to attract money to UK small businesses, stimulate growth and create jobs. EIS is an important investment vehicle for mid-sized startups because it gives private investors and angel investors an incentive to take risks while supporting their new companies. This scheme is ideal for investing small amounts in new businesses that are just starting to develop.

Conclusion

This is what makes the scheme work, as these incentives help reduce the risk associated with investing capital in a company. The scheme offers investors various benefits and incentives in exchange for investing in small, high-risk companies. Investments made through the EIS target companies in the early stages of development with relatively low levels of staff and resources.

The post Everything You Need To Know About The Enterprise Investment Scheme! appeared first on 10AD Blog.

The Drift Is Not Your Dad’s Intellectual Journal

Founded in Brooklyn by two women in their 20s, the lit mag of the moment isn’t afraid to say what’s on its mind.