Resources - Frequently Asked Questions
YouVC is a deal execution platform that facilitates emerging venture and angel investors to close deals faster and more efficiently. The platform automates back-office operations, including banking, compliance, contracts, and reporting. This frees up investors to focus on what they do best: making deals and building their networks.
YouVC is a platform that creates and administers special purpose vehicles (SPVs) specially in the complex Israeli regulation and landscape. SPVs are legal entities that are used to hold assets or liabilities. YouVC allows operator angels to set up and invest in two ways: SPVs and Nano-Funds.
A Special Purpose Vehicle (SPV) is a legal entity created to serve a specific purpose. In the case of YouVC, SPVs are used to invest in Israeli startups. SPVs offer a number of advantages, including limited liability, tax efficiency, and flexibility.
There are a number of benefits to investing in a Special Purpose Vehicle (SPV). These benefits include limited liability, tax efficiency, and flexibility.
There are a number of risks associated with using a Special Purpose Vehicle (SPV). These risks include complexity, cost, and regulatory compliance.
YouVC handles the creation, execution, and administration of SPVs for investments into Israeli startups. The platform also handles investor onboarding, entity formation, banking, KYC/AML, accreditation, fund accounting, tax forms, and distributions.
The KYC process differs depending on whether you are investing as an individual or with an entity. Individual investors will typically only need to provide personal information and identification documents to establish their identity. Investors who invest through businesses or trusts must share the details of the entity's ownership structure, identify any ultimate beneficial owner (UBO), and provide proof of registration. The KYC process is designed to verify the identity of investors and to prevent money laundering and other financial crimes.
The documents required to complete a KYC application will vary depending on whether you are completing your investor application as an individual or an entity. Individuals will need to provide documents such as ID, proof of address, source of funds, personal information, and financial statement. Entities will need to provide documents related to the entity incorporation, proof of address, and source of funds.