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Features of VCC?
Key Features and Benefits of a Variable Capital Company (VCC)
Greater flexibility in issuance and redemption of shares as well as payment of dividends out of capital |
VCC is treated as a single entity for tax purposes and also eligible for tax exemption |
Covers both traditional and alternative investments (such as hedge funds, private equity funds, real estate funds, infrastructure funds) |
Can be used for all traditional and alternative strategies, and structured as open-ended or closed-end fund |
Can be a standalone fund or an umbrella entity with multiple sub-funds |
Can be used for both retail and restricted strategies |
VCC must be managed by a fund manager regulated by MAS |
Enhanced safeguards by segregation of assets and liabilities in each sub-fund |
Foreign corporate entities can re-domicile to Singapore as VCCs |
Click here to learn more about Variable Capital Companies (VCC).