Tax advisory for fund managers
Partnering with you to provide the essential support needed to achieve your tax objectives in today's fast pace and changing environment in order to better equip you in your business decisions
Our service covers the following stage(s) of your business lifecycle:
Ideate
Launch
Run
Today, fund managers are facing challenges in navigating the tax, legislative and regulatory developments. The rules are becoming more complex and we anticipate this trend to continue in the coming years, coupled with increasing focus towards compliance, tax enforcement and audits from authorities. Hence, understanding the impact of these developments would be key in delivering an optimised outcome for investors in the funds and to shareholders of the business. Leveraging on our technical expertise and practical understanding of the asset and wealth management industry, we act as business partners to advise you on the possible tax risks and opportunities in your business plans.
Considering your desired objectives and the associated Singapore and international tax implications, we can assist you through the following:
- Conceptualising your fund/ investment/ trust structure and fund management arrangement;
- Customised tax strategy through structuring and planning to align with your current and future goals and objectives;
- Entity structuring and optimisation.
On your implementation journey, we can assist with Singapore tax advisory and structuring matters, including the following:
For the investment funds -
- Advise on the tax implications for the funds at acquisition, holding and exit stage;
- Advise on the applicable tax incentive regime for funds;
- Review of legal documentation for the funds such as the offering document;
- Assist with the application for tax incentive for the funds and fund management company;
- Support in your conversation with prospective investors in the funds in relation to the tax implications for the fund structure.
For the fund management company -
- Advise on applicable tax incentive regime for the fund management company;
- Advise on tax implications arising from proposed transactions of the fund management company.
After your operations are launched, we can continue to provide tailored support to meet your individual goals throughout the life cycle on matters including the following:
For the investment funds -
- Tax structuring for the acquisition of investments/ divestments;
- Tax due diligence services;
- Application for Certificate of Residence;
- Application for advance ruling;
- Transfer pricing matters;
- Adhoc tax advisory services on proposed transactions.
For the fund management company -
- Transfer pricing matters;
- Renewal of tax incentives;
- Adhoc tax advisory services on proposed transactions.
