Singapore is implementing new tax and visa incentives to strengthen its position in the global fund management industry. The Monetary Authority of Singapore (MAS) announced plans for tax exemptions on profits for fund managers handling specific funds, including those for single family offices, with further details expected in the 2027 budget. These measures aim to counter competition from Hong Kong and attract both investment funds and talent to the city-state. AI
RANK_REASON Government policy initiative to boost a financial sector. [lever_c_demoted from significant: ic=1 ai=0.1]
- Alternative Investment Management Association (Aima)
- Chee Hong Tat
- Hong Kong
- Monetary Authority of Singapore (MAS)
- Singapore
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