FME contribution requirements for Venture Capital Schemes set corpus-based thresholds, continuous maintenance obligations and defined investor-led exemptions. FME contribution requirements for Venture Capital Schemes prescribe minimum and maximum investments based on the targeted corpus, with no mandatory ... Summary
FME contribution requirements for Venture Capital Schemes set corpus-based thresholds, continuous maintenance obligations and defined investor-led exemptions.
FME contribution requirements for Venture Capital Schemes prescribe minimum and maximum investments based on the targeted corpus, with no mandatory contribution for relocated schemes. The contribution must be made proportionately with investor investments within 45 days, subject to extension, and maintained continuously. The maximum contribution ceiling does not apply where specified foreign-residency, beneficial-ownership and investment-concentration conditions are met. Exemptions apply on investor waiver, accredited-investor participation, or where a fund of funds invests in schemes with similar requirements.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.