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The Singapore Variable Capital Company Grant Scheme

To encourage fund management activity in Singapore, the Singapore government is incentivising foreign funds to redomicile to Singapore through the Singapore VCC. Perks of the Singapore VCC include investor privacy, availability of tax breaks and the ease of facilitating investor entry and exit into funds. There are currently up to S$150,000 in incentives to encourage …

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Quickbooks VS Xero: The Ultimate Accounting Software Comparison for Singapore business owners

The Ultimate Guide to Choosing Between Xero vs. Quickbooks Online for Singapore Business owners  Both QuickBooks and Xero are powerful accounting software solutions suited for most small to medium size business owners in Singapore. If you are in the midst of searching for an accounting / invoicing tool, you may have a few considerations when …

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The Singapore Variable Capital Company – Overview of Tax Regime

Legislated on 15 January 2020, the Variable Corporate Company (VCC) legislation is Singapore’s latest investment fund innovation.  The VCC will be treated as a company and a single entity and also subjected to income tax in Singapore. However, VCC will be entitled to tax exemptions under the “Singapore Resident Fund Scheme (SRF) and Enhanced-Tier Fund …

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The Singapore Variable Capital Company – Why is a VCC needed?

Current Challenges Prior to the establishment of VCC as a legal entity form/structure for investment funds, Singapore did not have any corporate form or vehicle that caters to specific needs of hedge funds, private equity funds, mutual funds, or real estate funds.  This resulted in many of the current fund structures set up in Singapore …

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The Singapore Variable Capital Company – What is a VCC?

Variable Capital Company (VCC) is a new legal entity form/structure for all types of investment funds in Singapore. It is the latest corporate innovation in the city state that allows for separate and distinct from the legislation that governs existing Singapore Companies. This prevents the VCC from any unintended consequence arising from changes in Company …

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