Section 12J Investment

Section 12J of the Income Tax Act No. 58 of 1962 was legislated by the South African Government to incentivise South African taxpayers to invest in local companies and to receive a tax deduction of up to 100%. The entire amount that is invested can be deducted from the investor's taxable income.

Optentel Technology is an innovative Internet Service Provider based in South Africa is a SARS registered and FCSA regulated Section 12J Venture Capital Company that acts as an investment vehicle for South African Taxpayers to invest in. The investment vehicle uses the Capital raised to invest in South African businesses with the aim to grow the economy and create jobs.

Opentel Technologies Pty Ltd invests in increasing their internet footprint and aims to be the leading telecommunications focussed 12J Investment Fund.

• 100% tax Deductible
• Up to 45% in immediate returns
• Dividends Payment (Potential 8%)

For more opportunities, view our Section 12B Investment or Collaborative Investing.