1. Highly Competitive Economy
Singapore’s robust financial ecosystem, bolstered by political stability, pro-business policies, exceptional infrastructure, and a skilled workforce, positions the VCC within a globally renowned financial hub.

2. Flexibility in Capital Management
Enjoy unparalleled flexibility in capital management with the ability to redeem shares and distribute dividends using net assets/capital, without stringent solvency tests or corporate resolutions.

3. Confidentiality
Maintain confidentiality with restricted access to the register of members and non-public availability of financial statements, ensuring privacy while adhering to regulatory standards.

4. Streamlined Tax Compliance
Simplify tax compliance with a single corporate income tax return for umbrella VCCs, regardless of the number of sub-funds, reducing administrative burdens and enhancing operational efficiency.

5. Global Financial Reporting Standards
Utilize international accounting standards like International Financial Reporting Standards (IFRS) and US Generally Accepted Accounting Principles (GAAP), alongside Singapore Financial Reporting Standards, catering to diverse global investor preferences.

6. Cost Efficiencies
Leverage economies of scale through shared board of directors and common service providers among sub-funds, streamlining administrative functions and reducing operational costs.

7. Enhanced Tax Exemption Conditions
Facilitate easier compliance with tax exemption conditions under Section 13R and 13X of the Income Tax Act by applying incentives and economic commitments at the umbrella VCC level, rather than individual sub-funds.

8. Diverse Investment Strategies
Embrace diverse investment strategies, including both open-ended and closed-ended approaches, within a single VCC entity, enabling fund managers to cater to varied investor preferences and market conditions.

Unlock the full potential of your investment endeavors with the VCC, a dynamic and versatile corporate structure designed to meet the evolving needs of today’s global investment landscape.

Ensure a seamless pre-launch process for your Variable Capital Company (VCC) funds with our comprehensive suite of services tailored to expedite fund establishment and regulatory compliance.

1. Preparation of Fund Documents
Efficiently navigate the documentation process with expert assistance in preparing all necessary fund documents, ensuring compliance with regulatory requirements and investor expectations.

2. Incorporation of the Fund
Facilitate the smooth incorporation of your VCC fund, leveraging our expertise to navigate legal and regulatory frameworks while adhering to best practices for corporate governance.

3. Tax Incentive Application
Maximize tax benefits and incentives available to VCC funds through strategic application and compliance with relevant tax regulations, optimizing financial outcomes for fund stakeholders.

4. Bank Account Setup
Streamline fund operations from the outset by establishing a dedicated bank account for your VCC fund, ensuring seamless transaction management and financial transparency.

Embark on your VCC fund journey with confidence, knowing that CA Practice PAC’s pre-launch services are tailored to mitigate complexities and expedite the establishment of your investment vehicle.

Ensure the continued success and compliance of your Variable Capital Company (VCC) funds with our comprehensive suite of post-launch services, designed to streamline operations and fulfill regulatory obligations.

1. Fund Administration
Efficiently manage day-to-day fund operations, including investor communications, NAV calculations, and compliance reporting, to support fund performance and transparency.

2. Audit
Undergo thorough audit processes conducted by experienced professionals to maintain financial integrity and regulatory compliance, instilling investor confidence and trust.

3. Annual Corporate Tax Filing
Navigate corporate tax obligations seamlessly with expert assistance in annual tax filing, ensuring compliance with regulatory requirements and optimizing tax outcomes for the fund.

4. Annual Statutory FATCA and CRS Reporting
Fulfill statutory reporting requirements for FATCA (Foreign Account Tax Compliance Act) and CRS (Common Reporting Standard), enhancing transparency and compliance with international tax regulations.

5. Routine Corporate Secretarial Services
Access comprehensive corporate secretarial support for routine tasks such as maintaining statutory registers, filing annual returns, and facilitating board meetings, ensuring regulatory compliance and corporate governance.

6. Risk Advisory
Mitigate operational and regulatory risks through tailored risk advisory services, including risk assessments, mitigation strategies, and compliance frameworks, safeguarding the interests of fund stakeholders.

7. Valuation
Ensure accurate and transparent valuation of fund assets through expert valuation services, enhancing investor confidence and facilitating informed investment decisions.

8. Liquidation
Navigate the liquidation process efficiently and compliantly with expert guidance and support, ensuring a smooth wind-down of fund operations while fulfilling regulatory obligations.

Rely on CA Practice PAC’s post-launch support to optimize the performance, compliance, and governance of your VCC funds, allowing you to focus on achieving your investment objectives with confidence.