|Friday, August 12, 2022|
|06:30 PM ET|
|03:30 PM PT|
Dhruva Advisors Singapore and Akin Gump Strauss Hauer & Feld LLP hosted a webinar on key tax and legal features of the Variable Capital Company (VCC) regime with a focus on fundraising from US investors.
Singapore has distinguished itself as a prominent global financial services center through its reputation, strategic location, stable government, robust tax and regulatory environment, and efficient and cost-effective legal and financial ecosystem.
Singapore has more than SGD 3.4 trillion in assets under management and more than 890 registered and licensed fund managers. To position Singapore as a leading fund domiciliation hub, the Monetary Authority of Singapore and the Accounting and Corporate Regulatory Authority of Singapore launched the new VCC framework in January 2020 to provide a new corporate structure for investment funds—emulating the best features of other prevalent corporate fund vehicles.