, partner in our Corporate Team, de-mystifies Crowdfunding for the National Business Review.
Exploding the Crowdfunding Myths
Once again, New Zealand is leading the way in business reform.
New laws allowing equity crowdfunding fundamentally change the way that private companies can raise funds, and give them a meaningful, cost effective and efficient way of doing so.
The recent implementation of the Financial Markets Conduct Act 2103 allows companies to raise up to $2 million from the New Zealand public in a 12 month period, in return for shares in their company, provided they do so via a licensed equity crowdfunding provider.
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