Part 5

Enterprise investment scheme
Chapter 4

The issuing company

Introduction

Overview of Chapter
180
The issuing company is a qualifying company in relation to the relevant shares if the requirements of this Chapter are met as to—
za
UK
permanent establishment (see section 180A),
zb
financial health (see section 180B),
a
trading (see section 181),
b
the issuing company to carry on the qualifying business activity (see section 183),
c
unquoted status (see section 184),
d
control and independence (see section 185),
e
gross assets (see section 186),
ea
number of employees (see section 186A),
f
qualifying subsidiaries (see section 187), and
g
property managing subsidiaries (see section 188).
S. 180(ea) inserted (19.7.2007) by Finance Act 2007 (c. 11), Sch. 16 para. 2(2) (with Sch. 16 para. 2(4)(5))
S. 180(za)(zb) inserted (6.4.2011) (with effect in accordance with Sch. 2 paras. 7(1), 8 of the amending Act) by Finance (No. 3) Act 2010 (c. 33), Sch. 2 para. 1(3); S.I. 2011/662, art. 2