Falcon Investment VCC Structure
Falcon Investment Advisors heralds a transformative era in Singapore’s corporate realm since its inception on January 14th, 2020. Tailored to meet diverse fund needs, it swiftly emerges as a game-changer in the financial landscape. This innovative framework offers unmatched flexibility and efficiency in the region, solidifying Singapore’s status as Asia’s premier fund management destination. With streamlined establishment, operation, and regulation, Falcon Investment Advisors propels Singapore’s global financial competitiveness, unlocking unprecedented growth opportunities for fund managers.
Tax Exemption Requirements
For license-managed VCCs
130 Resident Tax Exemption | 13U Enhanced-Tier Tax Exemption | |
Tax Residency | Fund must be tax resident of Singapore | Fund can be constituted in Singapore or overseas |
Fund Manager Requirements | Requires a Singapore-based CMS licensed fund manager | Requires a Singapore-based CMS licensed fund manager with 3 investment professionals |
AUM | No restrictions | Minimum fund size of SGD 50 million |
Fund Reporting Requirement | Min. SGD 200,000 annual expenses | Min. SGD 200,000 annual local business spending |
Fund Administration Requirement | Annual statements to investors. Tax filing to IRAS for non-qualifying investors. | None needed |
Fund Administration Requirement | Requires a Singapore fund administrator | |
Other Reporting Requirements | Annual MAS declaration & annual tax returns to IRAS |
Universal Flexibility
Tax Exemption Requirements
33
Private Equity & Venture Capital
28
External Asset Managers & Multi Family Offices
20
Hedge Funds
14
Retail Funds
5