What Tax Exemptions/Incentives are available for Managed Funds?
13D - Offshore Fund Tax Exemption Scheme
This is applicable to a Singapore based fund manager, delegated a mandate to manage a small portion of the overall assets of a global fund, in an offshore company, trust or foreign individual.
13O- Singapore Resident Fund Scheme
This is applicable to a Singapore based fund manager, managing funds with AUM of $10m up to $50m in an on shore entity or Company incorporated in Singapore
13U - Enhanced-Tier Fund Tax Incentive Scheme
This is applicable where a Singapore based fund manager is managing funds with AUM in excess of $50m in an onshore or offshore entity, trust or partnership.