Family Office Services
At Apex Gateway, we provide comprehensive family office services tailored for ultra-high-net-worth families, offering overseas investment, asset allocation, tax planning, immigration planning, and family wealth succession. These services effectively maintain family cohesion and ensure the sustainable transmission of family wealth.
According to the definition by the Family Office Association in the USA, a family office is “an institution designed to manage the complete wealth and family services for super-wealthy families, to align their assets’ long-term development with the family’s expectations and to ensure smooth intergenerational transfer and value preservation.”
Family
Wealth Management
Family Trusts
Apex Gateway can assist clients in establishing private family trust companies, achieving asset isolation and debt segregation, and granting clients extensive management rights over trust assets.
Legal and Tax Planning
Apex Gateway offers expert legal and tax advice for both local and international laws and taxes, ensuring clients enjoy professional legal services and achieve the maximum tax benefits and incentives legally available.
Investment Management
Focusing on diversified global asset allocation, Apex Gateway achieves asset appreciation under cautious risk management, ensuring investments are safe, secure, and risk-controlled.
Insurance Planning
Our insurance team is highly professional in selecting premium insurance products such as high-end medical insurance, universal life insurance, and substantial annuities. We help clients leverage tools like loans to achieve insurance, legacy, and investment functions.
Benefits of a Family Office
Optimal Tax Planning
Clients can obtain tax residency in Singapore through an Employment Pass (EP).
Family Immigration
The main applicant can apply for a Dependant's Pass (DP) for their spouse and children under 21 and a Long-Term Visit Pass (LTVP) for both parents.
Overseas Identity Planning
Clients can migrate to Singapore by converting their high-level Employment Pass (EP) into Singapore Permanent Residency (PR).
Tax-Free Fund Returns
As a tax resident of Singapore, individuals can significantly reduce their personal income tax. Qualified funds under sections 13O and 13U of the series are exempt from the 17% corporate income tax; there is no capital gains tax or estate tax.
Global Asset Allocation
A robust financial system and regulations, a hub for leading wealth management institutions worldwide; clients are free to choose their banking institutions or other financial organizations for global investment opportunities; no foreign exchange control.
Types of Family Offices
SFO (Single Family Office)
Types of Family Offices
MFO (Multi-Family Office)
Formed by potentially unrelated families, there are three main sources for an MFO: transitioning from an SFO to serve other families, derived from private banking aimed at better servicing major clients, and created by professionals. An MFO requires a fund management license such as RFMC or LFMC, similar to Enterprise Asset Management (EAM).
Singapore Family Offices
Application Process
Variable Capital Companies
Advantages Introduced
Operational Efficiency
A VCC can issue and redeem shares flexibly without shareholder approval, and does not need to hold annual shareholder meetings. This simplifies processes and significantly reduces administrative costs.
Tax Incentives
A VCC can apply for tax incentive schemes under sections 13R and 13X of the Singapore Income Tax Act, allowing fund income to be tax-free. This is a major attraction for fund managers and investors.
Privacy Protection
Though a VCC must register with the Accounting and Corporate Regulatory Authority (ACRA) in Singapore, the public cannot access its shareholder (investor) register. This means shareholder information is not publicly disclosed, effectively protecting investors' privacy and financial security.
Strong Independence
Under the umbrella VCC structure, assets and liabilities of each sub-fund are completely independent. Each sub-fund can operate independently, manage, and liquidate without affecting other sub-funds.
Flexible Dividends
A VCC can distribute dividends using capital, not needing to wait for profits. This flexibility allows investors to manage their funds more flexibly.
As you plan your lifestyle, let us take on the regulatory burdens for you.
