Furthermore, offshore income is, by and large, not taxed and onshore income is often lowly taxed due to Singapore’s territorial tax system. There is also no capital gains tax nor inheritance tax.
Family offices administered in Singapore can also take advantage of Singapore’s extensive network of comprehensive double tax treaties or agreements as well as potential tax exemption under various government schemes. Ultimately you get to decide exactly how the family office will serve you and your family.
Dealrms offered the service to assist you to build, manage and preserve your family wealth.