Establishing a Family Office in Singapore – Latest Issue of ASEAN Briefing Magazine

Posted by Written by Ayman Falak Medina Reading Time: < 1 minute

The latest issue of ASEAN Briefing Magazine, titled “Establishing a Family Office in Singapore”, is out now and available to subscribers as a complimentary download in the Asia Briefing Publication Store here.

In this Issue

  • Why Establish a Family Office in Singapore
  • Family Office Setup: Structural Model and Entity Formation
  • Tax Incentive Requirements and Comparison

Singapore has become the preferred destination for family offices. The city-state recorded over 1,500 family offices by the end of 2022, managing assets worth just over US$66 billion.

It is because of Singapore’s streamlined business setup process, targeted tax incentives, skilled workforce, and robust legal system that the city-state has transformed into Asia’s family office hub.  Further, Singapore’s location at the heart of the rapidly growing economies of Southeast Asia serves as a gateway for new investment opportunities for the family offices of high-net-worth individuals.

In this issue of ASEAN Briefing magazine, we provide an overview of the factors that make Singapore the ideal destination for a family office. We then explore the family office structure and entity setup. Finally, we demonstrate the key requirements for qualifying for income tax exemption for family offices. 

About Us

ASEAN Briefing is produced by Dezan Shira & Associates. The firm assists foreign investors throughout Asia and maintains offices throughout ASEAN, including in Singapore, Hanoi, Ho Chi Minh City, and Da Nang in Vietnam, in addition to Jakarta, in Indonesia. We also have partner firms in Malaysia, the Philippines, and Thailand as well as our practices in China and India. Please contact us at asean@dezshira.com or visit our website at www.dezshira.com.