Financial Services - Sandton, Gauteng, South Africa
Optomise is a Section 12J Service Provider, which enables individuals, trusts or companies to invest in our approved VCC, seamlessly and effortlessly. We are a registered financial service provider (License Number: 47045) in accordance with FSB regulations.Section 12J of the Income Tax Act was created to incentivise investors to invest in new projects within South Africa. Taxpayers who invest in a registered Venture Capital Company (VCC) are entitled to a 100% tax deduction on monies invested, thereby achieving an immediate return of up to 45% for individuals, 45% for trusts and 28% for companies on their investments. Investor Benefits:• Each investor receives a unique Share Class• Retention of Base Cost• No investor will be a connected person• Rights to 100% of the economic benefits of the Target Company• Early exit option • Full control of investment
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