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SETTING UP FAMILY OFFICE IN SG
13O TAX EXEMPTION SCHEME INCENTIVE
(MINIMUM FUND SIZE S$20 MILLION)
Conditions
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Approval required from Monetary Authority of Singapore (MAS).
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Minimum size of S$20m
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Employs at least 2 investment professionals
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No restrictions on Assets-Under-Management (AUM).
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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
(Deputy Managing Director of Business Development)
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