Singapore’s strategic location, pro-business environment, and favourable tax incentives have made it a leading hub for fund managers. The introduction of the Variable Capital Company (VCC) structure in 2020 offers flexibility, tax efficiency, and scalability for fund managers. Supported by MAS initiatives such as the VCC Grant Scheme, the number of VCCs continues to grow, attracting offshore funds and family offices. As regulations evolve, Singapore’s position as a global financial centre is set to strengthen further.
The Monetary Authority of Singapore (MAS), as Singapore’s central bank and financial regulator, oversees the licensing and supervision of financial institutions (FIs) under five main sectors — Banking, Capital Markets, Financial Advisory, Insurance, and Payments.



