Family office

Introduction to Singapore Family Offices

Family office

It can help you establish a family office in Singapore, responsible for the day-to-day management and oversight of your family’s assets and investments, with the aim of preserving and passing on your family wealth. The organizational structure may take a formal form—such as setting up an independent company—or an informal one—for example, entrusting existing employees of the family business or engaging independent advisors to manage on your behalf. Under this framework, the principal applicant establishes two companies in Singapore, either independently or together with family members: one is a fund management company, and the other is the family office. The family office provides fund management services to the fund entity—a legal entity incorporated in Singapore—enabling it to qualify for Singapore’s tax exemption regime for funds. 13O/13 U ). The fund manager (the primary applicant) manages personal or family‑owned assets through a family office and obtains an Employment Pass (EP). After six months, one year, or two years, they may apply for Permanent Residence (PR).