Fund managers seeking to raise a new venture capital fund of at least $10 million and not more than $100 million for investing in Australian businesses may be eligible for ESVCLP registration.

Registration entitles a fund to flow-through tax treatment and its investors (whether resident or non-resident) receive a complete tax exemption on their share of the fund’s income (both revenue and capital). 

Australian businesses with assets of less than $50 million may be able to access capital from funds registered under this program if their primary activity is not finance or property development.

Contact: For further information about the ESVCLP program, please contact the Venture Capital Inquiry Line on (02) 6213 6609 or email VentureCapital@innovation.gov.au