164 Katherine Street, Sandton

section 12j

SA’s first & largest section 12j fund PROMOTER & administrator


how it works


of Section 12J

Section 12J of the Income Tax Act No. 58 of 1962 was legislated by the South African Government to encourage South African taxpayers to invest in local companies and receive a 100% tax deduction of the value of their investment. The investor in return receives a Section 12J tax certificate and Venture Capital shares. The invested amount can be deducted from the investor’s taxable income, in the year the investment is made.

100% tax DEDUCTIBLE.

return on investment.

stimulates economic growth.

creates jobs.

For the money you want to invest into your business today to the money you’re making from your business tomorrow, Grovest is your first-to-market Section 12J VCC fund administrator and corporate financer.