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What are the advantages of Singapore family offices?

Released Date: May 20,2022 Article Source: HUANZE

With high net worth individuals' demands for international market development, children's education, overseas asset allocation, etc., they choose to register companies in Singapore, apply for Singapore work visa,3-5Became a Singapore citizen within the year. 

With the demand of high net worth individuals for international market development, children's education, overseas asset allocation and so on, they choose to stay inSingapore incorporated company, apply for a work visa to Singapore,3-5Became a Singapore citizen within the year. There are many clients who address their personal and business needs by setting up a family office in Singapore. What are the advantages of setting up a family office in Singapore?

At present, Singapore family office is the most officially recognized way of immigration in Singapore. At the same time, family office enjoys preferential policies of low tax rate, more efficient and convenient application for family office membership, safe and free control of assets under its name, and can realize family inheritance and future generations planning. Through understanding, it is not difficult to find that Singapore has such characteristics as political stability, strong economic development momentum, high-quality business environment and friendly relations with China. This is also the reason why high net worth individuals prefer to set up family offices in Singapore compared with other countries.

What are the advantages of Singapore family offices?

CycloseThe company is committed to providing domestic and foreign customers with corporate audit, tax declaration, registration, annual inspection, tax planning and other services in Hong Kong, Singapore, Dubai and other regions. Efficient, rigorous, intimate service has been favored by many private enterprises, listed companies and large state-owned enterprises.

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