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Setting up Family Office: Image

SETTING UP FAMILY OFFICE IN SG

13O TAX EXEMPTION SCHEME INCENTIVE 
(MINIMUM FUND SIZE S$20 MILLION)

Conditions

  • Approval required from Monetary Authority of Singapore (MAS).

  • Minimum size of S$10m, S$20m with grace period of 2 years

  • Employs at least 2 investment professionals

  • No restrictions on Assets-Under-Management (AUM).

  • At least SGD $200,000 annual local business spend

13U TAX EXEMPTION SCHEME INCENTIVE

Conditions

  • Approval required from Monetary Authority of Singapore (MAS).

  • Minimum fund size of S$50 million

  • Employs at least 3 investment professionals

  • At least SGD $500,000 annual local business spend

Gary Leong

Sim Mong Teck & Partners

(Executive Director)

gary@smtplaw.com

Setting up Family Office: List
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