Latest Update: Singapore simplifies Single Family Office setup & reporting rules!
On 29 September, Minister Chee Hong Tat announced three major updates for Single Family Offices (SFOs) in Singapore:
Fewer documents required for applicationsSimplified reporting obligationsBroader types of investments eligible under the fund tax scheme
Singapore now hosts over 2,000 family offices, attracting global giants like Google, Apple, Amazon, ByteDance, Citi, HSBC to establish regional headquarters here.
If you and your company are planning to expand globally, this is your chance to set up a family office in one of the world’s hottest financial hubs—faster, easier, and more flexible than ever.
Bonus: The Single Family Office tax incentive has been extended until 31 December 2029.
About Us:
We are a Singapore-based consulting firm with 20 years of practical experience, serving high-net-worth clients including Fortune 500 companies and global billionaires. We specialize in helping families and businesses relocate to Singapore, plan international identities, and structure global wealth and assets.
Contact us today to start your Family Office journey in Singapore.
