There are 3 types of fees when fundraising on pitchIN:
- Onboarding Fees & Pre-hosting Fees: Primarily for legal and administrative matters that will need to be completed prior to the start of your Equity Crowdfunding (ECF) campaign. This will also be the only out-of-pocket fees that you will need to incur to begin and host your ECF campaign.
- Success Fees: Charged upon the successful completion of your ECF campaign. It will be calculated and deducted from your total fundraised amount before we release the same to you. You should factor in the Success Fees when setting the minimum and maximum targets for your ECF campaign in order to ensure that the fundraising amount needed is met.
- Nominee Fees: Only chargeable if you use the nominee structure. Under Companies Act 2016, companies cannot have more than 50 shareholders. To accommodate this, Pitch Nominees Sdn Bhd (which is part of the pitchIN group) will subscribe to shares in the companies on behalf of the investors. Pitch Nominees will also act as the liaison between the companies and investors.