A Family Investment Company (FIC) in Singapore benefits from Singapore's territorial tax system: profits from sources outside Singapore are tax-free unless they are remitted to Singapore.
Singapore levies no capital gains tax, no inheritance tax and no dividend tax. Despite the tax efficiency, full accounting records must be kept, annual accounts prepared and, unless the company is exempt as a small company, audited, and an annual tax return filed with IRAS.
Singapore offers a stable, internationally recognised legal system and direct access to Asia's growth markets.
Services included in the fee
- Formation of the FIC in Singapore
- Drafting of the articles and the governance structure
- Nominee director resident in Singapore (required by law)
- Registered office in Singapore for 12 months
- Tax registration and compliance
- Bookkeeping, accounting and audit through our partners (charged separately)
- Ongoing personal support from our team
Process and next steps
01, Initial consultation: Analysis of your financial situation and review of the best Singapore structure.
02, FIC formation: Formation of the FIC, appointment of the nominee director, setting up of the governance structure.
03, Asset transfer: Structured transfer of your assets to the FIC, with tax guidance.
Suitable for
- Business owners and investors with international assets
- Clients who want to build a holding structure in Asia
- Investors who want to benefit from Singapore's territorial tax system
- Clients looking for direct access to Asian capital markets