The company shall be in the form of a local private company or a limited liability partnership.
The company is NOT concurrently raising funds on other Equity Crowdfunding platforms.
The company must have a paid up capital of NOT more than RM10,000,000.
The company must submit all Ethis Issuer documentations including KYC and Onboarding & Declaration forms together with all of the required attachments.
The company must NOT be a public listed company or any of its subsidiaries.
The funds raised must NOT be for the purpose of providing other financing or investment to other companies.
For companies seeking to raise funds above RM500,000, it is compulsory to have an audited financial report submitted to Ethis Malaysia.
The company is expected to NOT exceed the maximum lifetime limit of funds raised via all Equity Crowdfunding platforms which is set at RM10,000,000 cumulatively excluding the company’s own capital contribution or any funding obtained through a private placement exercise.