PwC – Understanding S-VACCs
The Monetary Authority of Singapore has recently announced the public consultation of Singapore Variable Capital Company (S-VACC) at the Investment Management Association of Singapore’s annual conference.
S-VACC is the city-state’s latest investment fund innovation and is envisaged to be a game changer that will make Singapore the next on-shore fund domicile of choice.
Key benefits of the S-VACC include:
• Improved operational and tax efficiency
• Eligible for the US “check the box” election
• Financial statements not required to be made public
To better understand the opportunities this new company form will bring, do take a look at our briefing paper that will provide you with key highlights, informative details about the S-VACC and its key features explained.
PwC has graciously extended an invitation to all AIAM Ordinary Members to attend their S-VACC briefings that they are holding on 5, 7, 11 April.