MEDCROWD VCC (SECTION 12J INVESTMENT)
MedCrowd was started by a group of professionals with a vision of creating something different, focused on helping others to succeed.
MedCrowd has a Venture Capital Company [VCC] in its structure it’s registered with SARS and manages investments in qualifying companies. We typically invest in companies that are in their early stages of growth and require capital, but do not have access to capital due to limited track record. Such an investment will receive section 12J benefits in the form of a tax deduction.
Treasury is incentivising South African taxpayers to invest in the local economy, via a tax deduction on the investment amount, provided the investment is made into an approved Section 12J Venture Capital Company.
The benefit to the investor for making the investment in MedCrowd, is a return on the investor’s full investment and a tax deduction on the amount invested.
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WHY INVEST WITH MEDCROWD
Quite simply, we have the advantage over our competitors, with our passion and knowledge for the medical industry and our intelectual property over business and tax, we are able to leverage maximum returns for our clients without them having to put in any risky guess work over their future investments.
|Initial Investment||R1000 000||R1000 000|
|Tax relief (in the tax year of initial investment)||(R450 000)*||(R280 000)|
|Net investment (risk capital)||R550 000||R720 000|
WHO CAN INVEST?
Medical Professionals registered with the HPCSA can invest.
Do you have your own Practice?
Do you manage your own practice?
Do you have an active investment in
a medical practice or business?
If you’ve answered yes to any of
these questions, you’re ready to
grow your portfolio.
WHEN CAN YOU INVEST?
Investments should be done yearly to get your tax deduction. Investments are all tax deductible in the financial year it was made.
It is very important to us that our clients recieve the maximum returns without suffering in the day to-day of the business. We also need to consider that it isnt worth investing an amount that won’t lead to the end goal of some Tax relief. So MedCrowd have calculated the minimum required amount that will both, impact the overall value of return, but at the same time remain affordable for the Practices and investors.
Our SmartLoan investment option is structured to assist medical professional investors to borrow up to 80% to invest and settle all debt within 5 years even while paying a monthly instalment similar to a 20 year mortgage bond.
The Smartloan uses the section 12J tax benefits and returns from the investment as ongoing payments against the SmartLoan whilst only paying a 20% deposit.
Please refer to the separate Smartloan presentation for further details.