The Singapore Variable Capital Company (VCC) framework offers a modern and flexible fund structure, designed to enhance Singapore’s position as a leading asset management hub. It addresses limitations of traditional corporate fund structures by providing ease of entry and exit for investors, along with significant advantages such as investor privacy, tax exemptions, and operational efficiencies.
Key features of the VCC include its corporate legal structure, the ability to operate as standalone or umbrella funds with segregated sub-fund assets, flexible capital repatriation, and investor privacy. VCCs are also eligible for various tax incentives and treaty benefits. Dhruva can assist with various aspects, including advising on VCC structure, drafting tax sections in Private Placement Memorandums (PPMs), assisting with applications for tax incentives and Certificates of Residence, and ensuring tax compliance for VCCs.
To learn more about the Singapore VCC framework and its benefits for fund and wealth management, download our comprehensive guide.
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