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EIIS, or the Employment Investment Incentive Scheme, serves as a catalyst for SMEs and start-ups in Ireland. It helps companies raise investment while delivering tax savings for investors. In a nutshell, an investor benefits from a healthy 40% tax relief on their investment. As an example, if you invest €10,000, your actual spend is only €6,000, de-risking the investment by €4,000 – which is refunded by Revenue the following year.

A unique selling point of the scheme is that tax relief isn’t confined to pension contributions. It extends to non-earned income sources such as dividends and rental income. So, it’s not just about investing, it’s about investing smartly.

  • Investors must have taxable Irish income and cannot be connected to the company.
  • The minimum investment period is 4 years.
  • Investors can invest up to €250,000 per year over a 4 year investment period.
  • Investment to a maximum of €500,000 per annum is possible provided the shares are held for a minimum of 7 years.

Revenue Approved EIIS Investment Opportunity 2023

Company: Wild Atlantic Health Ltd 
Location: Cork, Ireland
Sector:
Preventative Health Tech 
Stage: Revenue generating 
Company Reg No:
627 336 
EIIS: Revenue Approved Scheme 

EIIS investment opportunity

Target Raise: €500,000

Tax Relief: 40% Tax Back

in 2024 for qualifying Irish taxpayers 

Targeted Return 28.33%

per annum (including tax relief at the marginal rate)

Amount: Minimum €5,000 | Maximum €250,000 each per individual in a marriage or civil partnership.

Type:
Cumulative Redeemable Preference Shares 

Closing: 31st December 2023

Rooted in Wellness
Backed by Science
Personalised to You

Post-Covid, we are seeing a convergence of trends encompassing Digital Health, Sustainability and Personalised Nutrition.

Wild Atlantic is the first company in Ireland to offer a painless home test to measure deficiencies and then back this up with lifestyle recommendations and supplements that really work.

We are seeking to raise investment to rapidly grow the business in the Irish market to replicate the model in international markets. So if you’re an investor interested in health, sustainability and backing the business – we’d love to tell you about our EIIS Investment Opportunity 2023.

Avoid negative bank interest rates with our inflation busting investment opportunity.

Dramatic increase - EIIS Investment Opportunity 40% Tax Relief Ireland - Wild Atlantic Health

The staggering growth in Digital Health investment has increased from $1.2 Billion in 2010 to $44 Billion in 2022 

- EIIS Investment Opportunity 40% Tax Relief Ireland - Wild Atlantic Health

Talk to Us

EIIS investment opportunity icon

Call Jonathan today: 085 777 8262           Email: info@wildatlantichealth.com

Please complete your details to receive a Summary of the EIIS Investment Opportunity 2023.

RISK WARNING – Investing in start-ups involves risks, including illiquidity, lack of dividends, loss of investment and dilution, and it should be done only as part of a diversified portfolio. Before investing, please seek professional finance & tax advice.

The Idea

Innovation

In a market where people don’t know which supplements to take or what’s really working, Wild Atlantic eliminates the guesswork by bringing a fresh new evidence-based perspective to preventative health.

Our mission is to bring more wellbeing into the world, empowering people to live longer, healthier and happier lives.

Our Home Tests provide a baseline for better health by identifying nutrient gaps in advance while offering lifestyle recommendations and supplement solutions.

As a D2C challenger brand, we are taking on the outdated supplement industry valued globally at $151.9 billion (2021) and forecast to grow at an 8.9% CAGR from 2022 to 2030.

"Today, healthcare is focused on medicating problems
instead of preventing them."

FEATURED ON

Progress Update

- EIIS Investment Opportunity
- EIIS Investment Opportunity 40% Tax Relief Ireland - Wild Atlantic Health

Revenue-approved EIIS investment opportunity 2023

Save up to 40% on your Income Tax!

Get on board.

A Look at the Risks & Returns

While EIIS investments focus on young companies and come with risks, including the possibility of a total investment loss, spreading your investment across different EIIS opportunities each year can help dilute this risk.

Remember, a four-year exit may not always be on the cards. Also, Capital Gains Tax (CGT) on any profits must be factored into your calculations. The investment structure might offer a fixed rate of return and an exit timeline, much like a loan, or it could be equity-based, meaning higher yet less predictable returns with no guarantee of an exit.

Your EIIS Investment Roadmap

Eager to take advantage of EIIS tax relief? Here’s how you can:

  • Directly invest with the company: This usually calls for a minimum investment of €2,500 but typically there are no hefty fees and you can deal directly with the Directors supporting entrepreneurs and skipping the middlemen 
  • Invest through an EIIS fund: Expect a minimum investment of €10,000-€20,000, plus 3% in fees. The payoff includes  diversification across 5-10 companies and professional expertise. Remember that it may take 6-9 months for them to invest your money, and some funds might cap the upside gains.
  • Invest via a Crowdfunding Platform: These platforms offer EIIS opportunities, with a minimum investment of around €250. This allows you to spread your risk. Some due diligence is performed before listing companies but these tend to be early startups which are more risky 

How EIIS Works for Investors... Let's Do the Maths!

Imagine an Irish tax rate payer normally paying 40% income tax at the higher marginal  rate. For every €10,000 gross income earned, they’d retain €6,000 net. But what if they invested €10,000 in an EIIS investment?

Scenario 1: Investing €10,000 in a successful company. A 40% tax relief claim leads to a €13,000 return at the end of four years, yielding a capital gain of €3,000. After 33% CGT, you’re left with a net value of €12,000 – double what you’d have without the EIIS investment!

Scenario 2: Investing €10,000 in a company that unfortunately fails. Even after a 40% tax relief of €4,000 you’re left with a net loss of 60%.

See the Official Revenue Information on EIIS

FAQs for EIIS Investors

The Employment and Investment Incentive Scheme (EIIS) offers tax incentives to private Irish investors who provide qualifying small and medium-sized enterprises (SMEs) risk capital. This scheme aids these companies in securing the necessary funding to grow their operations and maintain or create job opportunities. EIIS is attractive for individual investors who can claim up to 40% tax relief upfront on their investment.

There are several approaches to participating in the EIIS scheme:

  • Directly with the company with no fees and at affordable amounts dealing with the Directors of the Company 
  • Via Accounting Firms with 3% commissions and annual fees.
  • Through an EIIS fund with initial amounts between €10,000 and €20,000 at a nominal fee of around 3%. Possible 6-9 months waiting period to deploy funds.
  • Crowdfunding Platforms have low entry investments from €250 but high fees for the company and are for riskier early stage startups.

An investment to be eligible under the EIIS, it must be a share-based investment in a qualifying company. The funds raised should be utilised to aid job creation and growth of the company. Furthermore, the investment should be anchored on a detailed and well-outlined business plan.

The investor earns up to 40% relief on their income taxes. The investment amount can be deducted from gross income for income tax purposes.

You can claim relief once you’ve obtained a ‘Statement of Qualification’ SQEII-3 from the company which you will receive in January of the following year. You must verify that you’ve satisfied all the pertinent investor prerequisites before claiming relief. To proceed with your claim, you must fill out the relevant sections: Income Tax Return Form 11.

The 40% tax relief is obtained for the year the investment is made, i.e. for an investment made in 2023, the investor will get 40% relief in his/her 2023 tax return usually filed in 2024.

  1. Simply confirm the amount you wish to invest via e mail and provide your address details. 
  2. We can either email or post out an Investor Memorandum and Application Form for you to complete. 
  3. For Anti-Money laundering purposes we will need a certified copy of your ID (passport or driver’s license) as well as proof of address with 2 original utility bills no more than 3 months old.
  4. Once the docs are signed, payment can be made by cheque or direct transfer into the Wild Atlantic Health bank account.
  5. In January we will provide you with an SQEII3 Statement of Qualification on EIIS from Revenue containing your details and the investment amount to enable you to claim back the 40% tax refund.
  6. Your share certificates will also be posted out to you during the first week in February.

Talk to Us

EIIS investment opportunity icon

Call Jonathan today: 085 777 8262 or email info@wildatlantichealth.com

Please complete your details to receive a Summary of the EIIS Investment Opportunity 2023.

RISK WARNING – Investing in start-ups involves risks, including illiquidity, lack of dividends, loss of investment and dilution, and it should be done only as part of a diversified portfolio. Before investing, please seek professional finance & tax advice.