ARE YOU ELIGIBLE?

• Accredited angel investors who invested in a certified technology based start-ups (Invest Company)

• There must be no familial ties between angel investor and invest

• The investment must be for the sole purpose of financing activities as approved by the Ministry of Finance Malaysia (MOF)

• Accredited angel investor must hold investment for a period of tow years before claiming for tax exemption: 
  a) Year 1 - Invest 
  b) Year 2 - Claim tax deduction (during filing of tax returns for year 2)

• Accredited angel investors must hold more than 30% of the issued of the issued share capital of the invest company.​

• Investments below RM5,000 are not eligible for the tax incentive. Claims can only be made up to the maximum of RM500,000.​

• All investment must be made in cash, in full and not in kind and there must be no obligation by the invest to pay back angel investors​

• Shareholding must be reflected in the Shareholders' agreement or any other relevant documents acceptable at Cradle's discretion​

• Share issued to the accredited angel investor must be in the form of ordinary shares only​