Tax
What are the AUM requirements for the 13O and 13U tax incentive schemes?
13O
For family offices registering under the S13O scheme – locally incorporated structures – the minimum fund size is now at S$10 million (US$7.3 million), at the point of application. Further, the fund must increase its assets under management (AUM) to S$20 million (US$14.6 million) within two years.
13U
The value of the minimum assets under management remains at S$50 million (US$36.6 million).