What is Family Office?
A family office is an organisation created to oversee and manage the financial needs of a specific family, including effectively transferring wealth across generations.
Family office typically operates like a company, have employees and can be organised as a separate entity or they may be embedded in a family operating company.
In recent years, families are increasingly faced with significant challenges in managing their legacies.
Single family office incentive scheme in the Forest City Special Financial Zone
On 23 September 2024, the Securities Commission (SC) outlined the criteria for single family office vehicles (SFOVs) to qualify for a 0% concessionary tax. The scheme, introduced by Finance Minister II, is part of a wider effort to enhance Malaysia's investment landscape, particularly within the Forest City Special Financial Zone (FCSFZ).
Find out more about the tax incentives and restructuring consideration for setting up a single family office in Malaysia.
Building your future-ready family office
A family office offers unparalleled advantages, providing a robust platform to manage and grow your family's wealth amidst an increasingly complex global environment.
To ensure the successful establishment of your family office, fostering long-term growth and preserving your family legacy, a strategic and holistic approach is vital.
Our experience working with family businesses around the world can guide you through this transformative journey.
How we can help
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