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Submit your choice and receive a guide about "What tax efficiencies are available for you from Singapore" #virtualbusiness #familyoffice #holdingcompany #singapore #tax

Semiconductors are top of the agenda during Modi's visit to Singapore. We are a good place for it — we account for about 10% of the global chip market and 20% of semiconductor equipment. But it's a delicate topic as India themselves would want to capitalise on the trade fiction in chip technology between US and China. Nonetheless this is to many good years ahead. #virtualbusiness #holdco #familyoffice

If you are thinking of venturing out by yourself in the field of finance, Singapore is a good place to begin. Here, Capital Markets Services (CMS) licenses are issued under different categories of fund management activity. Below are the main types of fund management licenses: Licensed Fund Management Company (LFMC) – This license is for companies that manage funds for both retail and institutional investors. It allows fund managers to engage in a wide range of activities without restrictions on assets under management (AUM). Registered Fund Management Company (RFMC) – This category applies to companies that manage funds for qualified investors (accredited and institutional investors) with an AUM of up to S$250 million and a limit of 30 qualified investors. Venture Capital Fund Manager (VCFM) – This is a specialized category for managers of venture capital funds, focusing on investments in startups and early-stage businesses. VCFMs benefit from a simplified regulatory framework due to the nature of VC investments and are exempt from certain compliance requirements. Real Estate Investment Trust (REIT) Manager – REIT managers focus on managing real estate investment trusts, which are funds primarily invested in income-generating real estate. This is a more specialized CMS license. Corporate Finance Advisor – A license for firms that provide advisory services in corporate finance, such as advising on mergers and acquisitions or capital raising activities. Securities-Based Crowdfunding (SCF) Manager – This license is for platforms that facilitate crowdfunding activities, specifically related to securities. It allows the platform operator to raise capital for small businesses or startups via equity or debt crowdfunding. We provide licensing applications for any of the above, including business planning advisory that allows you to continue to make a living while you wait for these applications. #holdco #familyoffice #virtualbusiness

Fun fact, in 2023, the top five countries generating significant income from managing their foreign reserves are: China – With the largest foreign reserves in the world, approximately $3.45 trillion, China continues to generate considerable income from its investments, including U.S. Treasury securities and global assets. Japan – Japan holds the second-largest foreign reserves, over $1 trillion, primarily invested in bonds and other secure financial instruments. Switzerland – The Swiss National Bank manages around $850 billion in reserves, with a portion invested in global equities and bonds, contributing significantly to its income. India – India's foreign reserves are around $588 billion. Its central bank invests a significant portion in foreign assets, including government bonds and gold, generating income. United States – Though the U.S. doesn’t often come to mind for foreign reserves, its holdings (approximately $239 billion) contribute to its global financial strategy and income generation. Singapore is in the top 15 at around $337 billion in foreign reserves,

Singapore trumps major cities besides Sydney for number of days a week returned to office. Productivity is the key word. While not all companies have to have employees meet face-to-face to ensure output, less frequent face-to-face interaction between employees puts a city at a productivity disadvantage relative to other global cities. What are you doing at yours? #virtualbusiness #holdco #familyoffice

Mr Rajiv Patel runs his web 3 IT solutions out of both India and Singapore, with the Singapore office being his permanent establishment (PE) for strategic and tax reasons. Find out how and why he does it. #virtualbusiness #familyoffice #holdco

Singapore does not have a Tax Treaty with the USA. This means that taxpayers who are a resident in one of these countries and earn income in the other could be taxed in both countries. However, the US and Singapore have unilateral exclusions or foreign tax credit policies in place which help ensure that double taxation is reduced or eliminated. https://bit.ly/3ACLhpC #virtualbusiness #familyoffice #holdco

In terms of asset protection, a crypto holdco or trust can be useful to reduce or negate tax liabilities. However fraudulent use of such structures is not recommended. #holdco #spv #virtualbusiness #familyoffice

This National Day, kimbocorp and InProved Analytics is clarifying certain myths relating to "The Singapore Solution", as made famous by CNBC during their past coverage involving the prosecution of a Swiss banker. The line is clear and typically involves origination of funds. We look forward to discussing specific cases with you as an add-on to your scope of practise. Happy 59th Singapore 🇸🇬 #familyoffice #virtualbusiness #holdo

Gold reserves at the MAS fell 12 tons in June, the largest drop since 2000. This after MAS has been ramping buy gold buying in 2022 and 2023, exceeding 1,000 tonnes each year, highest ever, as per a WGC report. But 2Q has not been good for gold buying as central banks around the world reduced their buying by 39% compared to the previous quarter. Bullion prices are up 17% this year. Follow @inprovedanalytics for more bullion news #familyoffice #holdco