In this session we will consider the legal and taxation features of the Early Stage Venture Capital Limited Partnership (ESVCLP) investment vehicle, which represents significant opportunities for the Australian venture capital industry. The introduction of the ESVCLP brings the Australian venture capital industry one step closer to having a world-class private equity investment vehicle affording tax-free returns to domestic and foreign investors.
- legal and taxation features of the ESVCLP
- how the ESVCLP compares with the VCLP
- appropriate structuring of an ESVCLP.