EIS – What is a Knowledge Intensive Company?

In terms of SEIS/EIS, there are preferential terms for knowledge intensive companies.

In order to be classified as a knowledge intensive company, the business must be putting a high enough percentage of its operating costs into research and development, plus meet either one or both of the innovation and skilled labour conditions.

Innovation Condition

The innovation condition states that the company must be creating and using intellectual property as a significant part of the business.

Skilled Labour Condition

The skilled labour condition requires that at least 20% of employees hold higher education qualifications and are directly involved in research and development.

The following flowchart can help you establish whether or not your company could be classified as a knowledge intensive company.

Knowledge Intensive Company Flowchart