Thursday, 13 March, 2014

Enhancing the competitiveness of Singapore's fund management industry

The Monetary Authority of Singapore ("MAS") has put in place tax incentive schemes for funds, where specified income that is derived from designated investments is exempted from tax, subject to MAS' approval. Apart from minimum conditions that need to be fulfilled under each scheme, MAS also considers projected growth of the company and the substance being brought by the company to Singapore, in assessing the eligibility of the applicants.

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