AVPN is hosting a series of roundtables sponsored by Standard Chartered Bank. These roundtables aim to grow the impact-focused private wealth community in Singapore by sharing knowledge and best practices while building connections within the impact ecosystem.
This roundtable will discuss the ways in which family offices and foundations can be structured in Singapore. This includes various key tax exemptions and regulatory exemption available to the Singapore family office managing such funds. In addition, the topic will explore possible tax incentives available for the Singapore family office and provide a quick overview of the Singapore Variable Capital Company (VCC). This session will also discuss the NPOTI regime administered by the Economic Development Board (EDB) for non-profit organisations.
This session will explore the key considerations to note when thinking about setting up a philanthropic entity in Singapore, including a comparison between the common choices of charitable structures and the applicable regulatory and tax exemption regimes in Singapore.
Partner, Withers Wong Worldwide
Stacy is a partner in the private client and tax team. She advises individuals and families on their estate planning and this includes advising on wills, trusts, family governance/constitution and family/shareholders agreements, and also on establishing family offices, private trust companies, family charities and foundations. She also helps clients with developing efficient holding structures and succession plans, not just for their personal bankable wealth but also for their real estate investments, special collections and their family businesses.
Stacy offers a unique perspective on wealth planning as she has experience not only as a legal advisor but also as a client advisor in a private bank. Stacy was previously a managing director of the wealth advisory team of one of the top global private banks and advised high-net-worth clients on succession planning and wealth structuring. Prior to that, Stacy was a tax and private client partner in the largest full service law firm in Southeast Asia.
Partner – Tax, APAC Family Enterprise Leader, EY
Desmond is EY Asia-Pacific Family Enterprise Leader and a partner at Ernst & Young Solutions LLP focusing on business tax advisory and private clients. As one of the pioneering tax advisors for funds and family offices in Singapore, he has extensive experience helping clients with end-to-end solutions for their business structures and operations, ranging from business setup and acquisition to debt or capital restructuring, tax incentives, tax compliance, and exit planning.
He works closely with leading private banks to help their clients navigate through the interconnected requirements of corporate tax, personal tax, FATCA/CRS and operational tax.
Breakfast and light refreshments provided