The Many Advantages of Variable Capital Company Singapore
In 2020, Singapore introduced the Variable Capital Company investment structure. The aim was to get foreign investment and build Singapore as a robust global financial center. The VCC enables collective investment schemes to be organized under one corporate entity with categorized assets and liabilities. This development is poised to bring a range of options for fund and wealth managers. The Variable Capital company Singapore offers various benefits and is touted as a game changer in the fund management domain. Keep reading to understand the various benefits and uses of a Variable Capital company. The Advantages of Variable Capital Company VCC allows a lot of flexibility, which can be used creatively across various fund strategies, assets, and investor classes. Here are some key benefits of VCC. Lower Tax Compliance Pressure With VCC, you benefit from a reduced tax compliance burden. A VCC only needs to file one corporate income tax return, irrespective of the total number of sub-fu