Singapore Trust
Singapore Trust |
Corporate Details |
Restricted |
|
|
Trust |
|
Yes |
Share capital or equivalent |
|
|
USD |
|
Any |
|
None |
Trustee |
|
|
One |
|
Yes |
Protector |
|
|
One |
|
NA |
Accounts |
|
|
Yes |
|
No |
|
No |
- No requirement for formal registration of Singapore trusts
- Strict confidentiality and banking secrecy laws
- Settlors are protected from forced heirship claims
- A Settlor is free to reserve to himself any or all the powers of investment or asset management functions; thereby retaining an active role in managing the investments of the trust
- Settlors can appoint another person (known as a protector) to supervise the conduct of the trustees
- No estate duty or inheritance tax
- No capital gains tax
- Income tax mitigation for foreign trusts
- End to end comprehensive service
- Speedy and efficient service
- Expert advice on structuring options
- Dedicated ongoing compliance support
- Extensive network pool of service providers