Many people choose to register their companies in Singapore, apply for a Singapore work visa, or even become citizens in Singapore because of the needs of expanding the international market, educating their children, and overseas asset allocation. However, there are many restrictions on naturalization in Singapore, and many people cannot meet the corresponding conditions. At this time, they can choose to set up a family office in Singapore to solve this need.
Because of the needs of expanding the international market, children's education, overseas asset allocation and so on, there will be many people choose to stay inSingapore incorporated company, apply for a Singapore work visa, or even become a Singapore citizen. However, there are many restrictions on naturalization in Singapore, and many people cannot meet the corresponding conditions. At this time, they can choose to set up a family office in Singapore to solve this need.
Because family office is the most officially recognized way of immigration in Singapore, and family office enjoys preferential policies of low tax rate in Singapore, it is more efficient and convenient for its members to apply for permanent residence or citizenship in Singapore. When setting up a family office for a client, we do it in a step-by-step manner.
First, design the architecture and determine the pattern of the family office. At this stage we will assist in the design of an appropriate and tax-compliant family office architecture, which will also be designed with the client's architectural objectives in mind.
Secondly. We will apply for tax incentives and provide templates for investment management agreements . Give legal advice on the corresponding exemption from holding a license And conduct the Offshore Accounts Tax Compliance Act(FATCA) & Common filing criteria(CRS) Entity classification ,FATCA & CRS New account registration and company registration.
Finally, apply for work permit and permanent residence visa. Providing services to applicants for permanent resident visa applications, including providing advice and guidance to applicants for permanent resident visa applications Plan design, guide the applicant to prepare the necessary materials for applying for permanent residence visa, fill in the necessary forms for applying for permanent residence visa, and submit the applicant to apply for permanent residence Follow up the progress of the applicant's permanent resident visa application until the final result of the applicant's permanent resident visa application is obtained.
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.