Singapore’s success as an international financial center is premised on its robust supervisory framework and pro-business environment. Supplemented by an extremely attractive tax environment for budding businesses, Singapore’s mature infrastructure and government support for the wealth management sector continue to be attractive to fund managers who intend on establishing a presence in Singapore. These factors have attracted leading financial institutions and global investors to operate with confidence in Singapore.
Fund Management continues to be one of the main Regulated Activities in Singapore, with approximately 900 Fund Management Companies in existence.
License Type: RFMC
Year of Incorporation: 2019
Year of Licence: 2019
Status: Clean Record. No open or unresolved legal issues
Permissions: Carrying on business in fund management with no more than 30 qualified investors (of which no more than 15 may be funds or limited partnership fund structures) AND the total value of the assets managed does not exceed S$250 million.
Annual Renewal: USD 80,000 Monthly Maintenance: USD 85,000 Employees: 2 Local Directors and 1 local shareholder