To qualify for a Single Family Office (SFO) tax exemption, clients must establish a holding company that owns 100% of the family office and manages exclusively the assets of the single family. Family members can function as senior executives in a Singapore Family Office and qualify for a senior Employment Pass (EP) by allocating and managing assets in Singapore.
Application period (4-6 months)
Wealth management and family inheritance
Realize overseas asset allocation
Applicants may obtain Singapore tax residency through EP, which can avoid financial information exchange (CRS)
With (1) EP Holder, the whole family can obtain PR status
With the qualified fund, the tax of its profit earnings will be exempted