We have been working with David for 20 years. His dedication and professionalism over this time has kept our business relationship strong and growing. His experience in BVI and Asia is priceless.
Mr Ho
Accountant
Singapore has created a private wealth management platform that is favorable to single families that want to set up in the city state.
The benefits include a favorable tax regime that is coupled with Singapore’s attractive regulatory and transparent financial market infrastructure.
Funds managed by an Single Family Office (“SFO”) in Singapore can apply under the fund management tax incentive scheme to obtain exemption from tax on a broad range of income. The tax incentive schemes are subject to an application process and approval from the Monetary Authority of Singapore (“MAS”). The tax exemption lasts for the life of the fund.
Singapore’s world class infrastructure, robust economy and highly connected location make it a popular jurisdiction for fund managers and family offices. The tax incentive schemes now available are creating opportunities for clients to mange their assets with negligible or zero tax liabilities.
As a Singapore based provider of corporate and fund services, Segovia can assist in establishing the investment fund and the management company and manage all of the regulatory and administrative tasks on your behalf. We will provide fund administration and accounting for the companies through our team of experts that have been involved in managing and administering funds for over 20 years.
Request a free consultation to learn more about our corporate services and receive professional advice on onshore and offshore financial centers.