Launched on 14 January 2020 by MAS, the Venture Capital Fund Administrator is a new corporate structure for investment funds constituted under the Variable Capital Companies Act. The Singapore VCC offers flexibility and cost savings to global asset managers seeking to establish new funds or re-domicile their overseas funds in Singapore. The framework covers all traditional and alternative strategies with either open-ended or closed-ended funds. In addition to Singapore’s established ecosystem of issuers and market making capabilities, this new entity adds to the city-state’s uniqueness
Please do not hesitate to contact us should you wish to explore the VCC structure. ASCENT is well positioned to provide you a turnkey solution which includes:
Incorporation of the VCC Structure
Fund administration
Serve as your Registered Filing Agent
CRS and FATCA tax compliance
Corporate Secretarial Services
EKYC Platform for AML /CFT services relating to investors in the fund.
GST Remission calculation and submission