Although investment funds have historically been established in "offshore" jurisdictions (principally the Cayman Islands and other tax neutral jurisdictions where the fund manager has limited substance), the last decade has seen a gradual shift to "onshore" jurisdictions (typically tax advantageous jurisdictions with a network of double taxation treaties where the fund manager is located). With Singapore's business-friendly environment, extensive doubt taxation treaty network, a pragmatic regulator in the MAS and its range of investment vehicles, Singapore is well placed to take advantage of this global trend towards "onshoring".
The Singapore Variable Capital Company ("VCC") framework was launched on 15 January 2020 and has since been adopted enthusiastically across the funds industry. In approximately nine months since its launch, more than 130 standalone and umbrella VCCs have been established. However, the VCC is only one vehicle option for investment funds domiciled in Singapore; the Singapore limited partnership and the unit trust remain viable options for fund sponsors.
Join our panel of speakers who will share their experience on the Singapore fund structuring options available to fund sponsors from the fund manager's perspective and from those of legal and tax advisers. This webinar will benefit legal professionals in the funds industry, both in Singapore and elsewhere.
Click here for brochure.
For enquiries, please call Tel: +65 6332 4388 or email to [email protected].