Family office structure: Choosing the right entity Establishing a Singaporean private limited company by shares or trust are two of the most efficient and popular entities for the family office structure. The structure starts with a holding company (either a private limited company or a trust), wh...
‘The family office structure allows us to think about our impact on investing decades and generations into the future. Education opened our eyes to the world, and we want to create structures that will help pass that spirit forward to thousands more like us,’ Dayal said.Related...
We can also support you in developing a family governance structure or family office, and with setting up decision-making bodies such as a family council or investment advisory board. Talk with an advisor Our family advisory solutions Family governance advisory We will help you implement a family...
Singapore, asWealthBriefingAsiahas noted, has a variable capital company (VCC) regime which has been in place since 2020. VCCs enable branches of a family with different goals to run separate sub-funds but pool their costs. To some extent the development mirrors the structure innovations that h...
Nicholas Ho took over the family business at 27 and was faced with the challenge of continuing growth whilst taking on the current structure. He details how he ensured team members were part of the process to expand the company and the pivots he made to achieve success in a constantly evolvi...
Our family office professionals can help you evaluate best practices of leading family offices to support the family’s vision and legacy. Find out more.
I think they can be a really useful platform, if properly structured and managed, to help bridge generations in particular and the lines of communication within a family, particularly where the wealth is managed under one structure or with a single concentrated asset (such as a family business)...
A simplified depiction of a typical ownership structure of a family office may be seen in the diagram below: SFOs usually employ small teams of trusted advisers and investment professionals, and also generate indirect employment in Singapore through their engagement of external finance, tax and ...
At a simplistic level, in a Singapore family office structure you are likely to see at least two Singapore entities. One entity will be the single-family office and the other will be the family office fund (or investment vehicle). There could also be a family trust which holds th...
families often find that structures such as the BVI VISTA trust, Cayman STAR trust, and BVI or Cayman PTC structures are desirable because they allow the family to retain effective control of the structure. Offshore jurisdictions also score highly for preserving privacy and confidentiality, which ca...