Asset management structure

An asset management structure is a complex structure of holding and delegating management of offshore assets.

This structure means that an individual or institution holds an asset to form an offshore company in a third country (e.g. BVI, Cayman Islands, Samoa, etc.) in the form of a sole proprietorship or joint venture, then sets up one or more wholly-owned subsidiaries in Singapore. The Singapore subsidiary is then used to hold relevant assets. The holder then entrusts a third-party institution or sets up an asset management company to manage the assets.

Characteristics:

• Both the company and the asset structure are offshore holdings
• Asset management is separate from asset holdings and can employ a professional asset management team
• Protection of personal privacy
• Accounts can be opened and operated offshore
• Easy to manage
• Shareholder dividends are not taxed twice

For:

• Asset management
• Global Asset Allocation
• Asset inheritance
• More financial assets

Please consult FOZL for more information.