Services

Below are some of the key benefits of SFO:

• Corporate Governance
• Risk management through centralisation of assets
• Centralisation of advisory and administrative services
• Licensing exemptions
• Economies of scale
• Immigration
• Uniting the family with common goals
• Participation of family members
• Higher yields with flexibility to deploy liquid assets
• Tax exemptions

Comparison of Tax Exemption Schemes

1. A non-qualifying investor is a non-individual Singapore investor that (along with its associates) invests more than 30% / 50% in a 13O fund entity. Non-qualifying investors are subject to penalty which is reported in the non-qualifying investor’s own Singapore income tax returns.

2 .Investment professionals refer to portfolio managers, research analysts and traders who are earning more than S$3,500 per month and must be engaging substantially in the qualifying activity. The individual has to be a Singapore tax resident to be considered an investment professional.

What is a Private Trust?

A trust is a legal arrangement that allows an individual (known as the settlor) to place their assets such that an appointed trustee can administer and manage them for the benefit of others (your beneficiaries). A private family trust is typically created to assist a high net worth individual in the preservation of assets and the smooth transfer of assets to future generations. Trusts provide continuity in the management of assets, particularly if a company (rather than an individual) is selected as the trustee. A trust that has been set up properly offers asset protection and can offer family members benefits that last for several generations.

Assets can include real estate, cash, stocks, businesses, antiques, artworks etc. and beneficiaries can include family members, friends or charitable organisations.

Below are some of the key benefits that the Singapore’s trust framework provides:

• No requirement for formal registration of Singapore trusts
• Strict confidentiality and banking secrecy laws
• Settlors are protected from forced heirship claims
• A Settlor is free to reserve to himself any or all the powers of investment or asset management functions; thereby retaining an active role in managing the investments of the trust
• Settlors can appoint another person (known as a protector) to supervise the conduct of the trustees
• No estate duty or inheritance tax
• No capital gains tax
• Income tax mitigation for foreign trusts

Private Banks

Private banks normally designate a chief representative for each customer, but they may also employ a team approach to provide clients access to a variety of financial products, obtain access to a variety of investment products and services, and have privileged access to private equity opportunities.

Solutions and Specialist Access

Below are some of the key benefits of SFO:

• Corporate Governance
• Risk management through centralisation of assets
• Centralisation of advisory and administrative services
• Licensing exemptions
• Economies of scale
• Immigration
• Uniting the family with common goals
• Participation of family members
• Higher yields with flexibility to deploy liquid assets
• Tax exemptions

Comparison of Tax Exemption Schemes

1. A non-qualifying investor is a non-individual Singapore investor that (along with its associates) invests more than 30% / 50% in a 13O fund entity. Non-qualifying investors are subject to penalty which is reported in the non-qualifying investor’s own Singapore income tax returns.

2 .Investment professionals refer to portfolio managers, research analysts and traders who are earning more than S$3,500 per month and must be engaging substantially in the qualifying activity. The individual has to be a Singapore tax resident to be considered an investment professional.

What is a Private Trust?

A trust is a legal arrangement that allows an individual (known as the settlor) to place their assets such that an appointed trustee can administer and manage them for the benefit of others (your beneficiaries). A private family trust is typically created to assist a high net worth individual in the preservation of assets and the smooth transfer of assets to future generations. Trusts provide continuity in the management of assets, particularly if a company (rather than an individual) is selected as the trustee. A trust that has been set up properly offers asset protection and can offer family members benefits that last for several generations.

Assets can include real estate, cash, stocks, businesses, antiques, artworks etc. and beneficiaries can include family members, friends or charitable organisations.

Below are some of the key benefits that the Singapore’s trust framework provides:

• No requirement for formal registration of Singapore trusts
• Strict confidentiality and banking secrecy laws
• Settlors are protected from forced heirship claims
• A Settlor is free to reserve to himself any or all the powers of investment or asset management functions; thereby retaining an active role in managing the investments of the trust
• Settlors can appoint another person (known as a protector) to supervise the conduct of the trustees
• No estate duty or inheritance tax
• No capital gains tax
• Income tax mitigation for foreign trusts

Private Banks

Private banks normally designate a chief representative for each customer, but they may also employ a team approach to provide clients access to a variety of financial products, obtain access to a variety of investment products and services, and have privileged access to private equity opportunities.

Solutions and Specialist Access