Singapore Private Wealth Structuring Toolkit

This programme provides a practitioners’ overview of not only the legal and regulatory framework governing private wealth structuring in Singapore, but also the diagnostic framework under which practitioners can better serve their private wealth clients. The session will also examine the methodologies that can be employed when dealing with business families and family offices, and common vehicles commonly used in family office structures, including Variable Capital Companies (VCCs), trusts and limited partnerships.

Participants will be introduced to the regulatory considerations arising under Singapore’s tax incentive regimes under Sections 13O and 13U of the Income Tax Act, as well as the Global Investor Programme in the broader context of private wealth advisory work.

The session aims to equip practitioners with a working understanding of how to better serve private wealth clients and how these legal structures operate in practice.

• Fee: S$ 280(Nett)

• 2.0 Public CPD Points

• Practice Area:  Private Client

• Training Level: General

LEARNING OUTCOME

• Understand the typical business life cycle of a business family or family office. 

• Key legal structures used in private wealth management and family office arrangements in Singapore.

• Distinguish between the use of VCCs, trusts and limited partnerships in private wealth structuring.

• Appreciate the practical considerations when advising high-net-worth clients on wealth structuring and governance arrangements.

• Understand the role of Singapore’s tax incentive regimes and related programmes in private wealth structures.

  
  

COURSE OUTLINE

Part 1 – Overview of Private Wealth Law and Structures

(15 minutes)

• The role of private wealth lawyers

• Separation between ownership and management of wealth

• Typical wealth structuring objectives (asset protection, succession, governance)

Part 2 – Key Private Wealth Vehicles

(20 minutes)

• Overview of trusts in private wealth planning

• Limited partnerships as investment vehicles

• Comparison of legal characteristics and practical considerations

Part 3 – Variable Capital Company (VCC) Framework 

(20 minutes)

• Overview of the VCC regime in Singapore

• Umbrella funds and sub-fund structures

• Key legal features and operational considerations

Part 4 – Regulatory Framework 

(20 minutes)

• Overview of the Securities and Futures Act

• Collective investment schemes and securities offerings

• Relevant exemptions including accredited investor and private placement exemptions

Part 5 – Singapore Private Wealth Incentive Regimes 

(20 minutes)

• Section 13O and Section 13U tax incentive schemes

• Overview of the Global Investor Programme

• Practical considerations when structuring family office arrangements

Part 6 – Practical Structuring Considerations 

(15 minutes)

• Selection of appropriate legal structures

• Governance, confidentiality and cross-border considerations

• Practical issues encountered in private wealth advisory work

Part 7 – Q&A

(10 minutes)

SILE ATTENDANCE POLICY

Participants who wish to obtain CPD Points are reminded that they must comply strictly with the Attendance Policy set out in the CPD Guidelines. For this activity, this includes signing in on arrival and signing out at the conclusion of the activity in the manner required by the organiser, and not being absent from the entire activity for more than 15 minutes. Participants who do not comply with the Attendance Policy will not be able to obtain CPD Points for attending the activity. Please refer to http://www.sileCPDcentre.sg for more information.

Contact Us at +65 6381 6373 or events@vrseasia.com.