Officially launched by the Monetary Authority of Singapore (MAS) in January 2020, the Variable Capital Company(VCC) is the newest and thus far most innovative investment vehicle in Singapore.
Providing high flexibility, the VCC can be either open-ended or close-ended and has quickly become the most popular vehicle option for fund managers.
How VCC will benefit Singapore
While Singapore is already renowned for low corporate taxes and stability, the introduction of the VCC is set to be a game-changer for the fund management industry. It will confidently turn Singapore into a global investment hub for Venture Capital and Private Equity Funds.
In this guide, you will learn all the details about the VCC under both the Authorised Scheme and Restricted Scheme and what the 2020 income tax treatment looks like.
Our team of specialists can help you to simplify the VCC registration process.
Eric comes from banking background. He provides consultancy to local and foreign entities on the ideal market-entry strategies for setting up or expanding operations in Southeast Asia.
Eric also provides advisory to fund managers and family offices on structuring as well as applicable tax incentives. He has also set up many VCC structures for licensed fund managers.