single family office

Simplified SFO tax scheme to reduce friction, ensure benefits, MAS says

MAS recently announced plans to ease requirements on the tax framework for single family offices.

Singapore to remain open to 'legitimate wealth' and 'genuine investments'

The country has reached 1,650 single family offices by August.

Single family offices reach 1,650 as wealth management sector booms

Chee Hong Tat said the sector could grow further through philanthropy, investing, and talent building.

What are the top 5 needs of Singapore-based SFOs?

Nine in 10 want solutions that allow a comprehensive view of their total wealth.

What makes Singapore a critical global wealth hub?

75% of  assets under management (AUM) in SG are from diverse overseas sources.

Pending tax incentive applications from single-family offices hit 200

Applicants are required to open and maintain an account with a MAS-licensed bank.

The lure of Singapore – An attractive destination for single family offices

The majority of SFO growth has taken place in Asia, with locations such as Singapore and Hong Kong gaining international popularity.