You can raise however much you want or need depending on the laws and regulations set in your country. You should research this information with government bodies or advisers before proceeding to seek investment for your business.
Please check your legal requirements and regulations.
Some regulations we have come across include:
- Some countries may limit the number of shareholders in a business.
- Some countries may limit the amount of money you raise.
- Some countries may limit the types of investors you seek.
- Some countries require certain documents be submitted for approval before investment funding can proceed.