What is a Family Office?

A family office is an advisory firm that provides private wealth management advice, usually set up by the family itself, and is responsible for the day-to-day management and oversight of the family’s assets and investments, with the goal of preserving and passing on the family’s wealth.

 

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For the Singapore Fund Incentive, the applicable schemes are as follows:

Section 13CA – Offshore Fund Tax Relief Scheme
Section 13R – Onshore Fund Tax Relief Program
Section 13X – Enhanced Fund Tax Credit Program