Tag ArchivesVCC

South African Commercial law: Section 12J venture capital companies continued – Part 2

Last month we unpacked what it means to be a registered Section 12 J Venture Capital Company or VCC in terms of South African Commercial law. We also unpacked the benefits for both Investors and Investees. In summary qualifying Investors will invest in VCC’s in exchange for Venture Capital Shares and Investor Certificates. Investors can […]

Read full story

South African Commercial law: Venture capital companies in terms of section 12 – an introduction

One of the main challenges to the growth of small and medium-sized businesses is access to finance. To assist, South African Commercial law has evolved and Government has implemented a tax incentive for Investors in these enterprises through a venture capital company (“VCC”) regime. From 1 January 2009, in terms of Section 12J of the Income […]

Read full story