Singapore fund and wealth structures
Establish the corporate framework for your Singapore VCC.
VCC incorporation, corporate administration and launch coordination for fund managers, family offices and international sponsors.
- Singapore incorporation and administration
- Standalone and umbrella VCCs
- Singapore-based coordination
Why the VCC
A Singapore fund vehicle built around your strategy
The VCC combines an onshore Singapore domicile with the capital flexibility and operational architecture expected of an investment fund.
Variable capital
Issue and redeem shares at net asset value, subject to the constitution, valuation policy and applicable law.
Ring-fenced sub-funds
Operate multiple strategies under one umbrella while segregating the assets and liabilities of each sub-fund.
Non-public member register
The register of members is not publicly available, while remaining accessible to authorities where the law permits.
Singapore substance
Build around Singapore-based governance, service providers and qualifying fund tax-incentive pathways.
Who we work with
Start with the outcome you need
Launch a Singapore-domiciled fund
Choose the manager route, vehicle, officers and provider stack for open- or closed-ended strategies.
Plan a VCC launch →Establish a family investment platform
Align governance, privacy, succession and investment strategies in Singapore alongside a permissible fund manager.
Explore family-office VCCs →Assess re-domiciliation to Singapore
Compare Singapore with Cayman, Hong Kong and Luxembourg, including transfer of registration for an eligible overseas corporate fund.
Compare domiciles →From structure to launch
A coordinated VCC workstream
The corporate work moves alongside fund documentation, permissible fund management, tax and operational appointments.
- 01
Scope the mandate
Define strategy, investor profile, intended scale, domicile and target launch date.
- 02
Choose the architecture
Settle standalone versus umbrella, manager route, sub-funds and ownership arrangements.
- 03
Appoint and incorporate
Coordinate officers, fund manager, administrator, auditor, custody, banking and filing.
- 04
Launch and govern
Move into subscriptions, reporting, annual returns, audit, tax filings and board governance.
Decision tools
Test the decisions that shape cost and control
Build an indicative VCC budget
Compare setup and first-year cost assumptions by structure and operating model.
Estimate costs →Standalone or umbrella VCC?
Compare control, cost sharing, expansion and operational separation.
Compare structures →Understand 13O and 13U
Review the qualifying conditions, local substance and professional advice required.
Explore incentives →Plan an umbrella and sub-funds
See how ring-fenced strategies can share governance and service infrastructure.
Plan sub-funds →VCC knowledge centre
Find an answer before you decide
Search practical guides on setup, tax, governance, fund management, family offices and comparisons with other domiciles.
Current developments
Recent Singapore VCC articles
MAS Circular IID 04/2025: The Four Governance Pillars Singapore VCC Managers Must Implement Now
MAS Circular IID 04/2025 of 26 June 2025 sets binding governance and management expectations for VCC fund managers. We break down the four pillars…
MAS 2025 VCC Governance Circular: Practical Checklist for Fund Managers
A senior-level Singapore VCC guide to mas 2025 vcc governance circular: practical checklist for fund managers, covering current regulator expectations and remediation steps, relevant…
Singapore-based corporate services
A practical corporate workstream, coordinated locally.
Raffles Corporate Services Pte Ltd provides Singapore incorporation, corporate secretarial and administration services. We help clients coordinate the officers and professional providers a VCC requires.
Understand the VCC provider team →The VCC team typically includes
- A permissible fund manager
- Directors and company secretary
- Fund administrator, auditor and tax adviser
- Banking and custody providers
- Legal counsel where required
Regulated fund management, legal, tax and investment services are provided by the appropriately licensed or qualified professionals.
Planning a Singapore VCC?
Map the structure before the filings begin.
Tell us about the strategy, intended investors and target timeline. We will help scope the corporate workstream and identify the regulated and professional roles required.