• 6 Steps to Claim Tax Deduction

            Investee companies must follow these steps for the investor to be eligible for tax incentive.
          • 1. Application form (Form ATI-2) is available HERE. Print and complete.
          • 2. Prepare the following documents:
            • Accreditation letter from the Malaysian Business Angel Network (MBAN) at www.mban.com.my
            • Company’s Bank Statement
            • Financial Statement (audited & draft)
            • Shareholder’s Agreement and Term Sheet
            • Form 24 (latest)
            • Form 32A (if necessary)
            • Form 49
          • 3. Submit the form and all documents to the MBAN Secretariat at Cradle.
          • 4. Processing fee of RM800 is to be made to Cradle Fund Sdn Bhd.
          • 5. Processing will take 25 calendar days from the date of complete submission.
          • 6. Applicants will receive a letter of approval for the investment from the Ministry of Finance.
          • 6 Steps to be an accredited angel

            Investors must follow these steps to be an accredited member of Malaysian Business Angel Network (MBAN).
          • 1. Application form is HERE. Print and complete.
          • 3. Submit the form and all documents to the MBAN Secretariat at Cradle
          • 4. Membership fee of RM800 is to be made to Cradle Fund Sdn Bhd.
          • 5. Accreditation process will take 21 calendar days from the date of complete submission.
          • 6. Accreditation letter and certificate of membership for MBAN will be posted once it is ready.
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      • BE AN ANGEL Encourage entrepreneurs with your investments and enjoy a tax incentive.