Family Offices in Singapore
Singapore ranks highly as one of the preferred countries in Asia for the setting up of fund vehicles. The top 5 reasons for Singapore to attract the ultra-rich are:
- Stable government
- Business friendly environment
- Well-regulated financial hub
- Transparency of regulations
- Attractive tax incentives
The objective of setting up a family office is the preservation, growth and intergenerational transfer of high net worth individuals, assets and investments.
Google co-founder Mr Brin is one of the latest ultra high net worth individuals to take advantage of Singapore's low taxes, high security and generous incentives for family offices.
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