Single Family Office (SFO) Singapore setup — Eligibility and requirements checklist

by The Raffles Corporate Services Editorial Team | Jul 22, 2026 | Tax

Single Family Office (SFO) Singapore setup — Eligibility and requirements checklist A single family office (SFO) is a private company that manages the wealth of one family, and setting one up in Singapore means incorporating the entity, appointing investment...

GST Bad Debt Relief in Singapore (2026): How to Recover GST on Unpaid Invoices

by The Raffles Corporate Services Editorial Team | Jul 22, 2026 | GST, Tax

Few things frustrate a GST-registered business more than paying output tax on a sale, then never getting paid by the customer. You have already handed the 9% GST to IRAS, but the invoice is now a bad debt. The good news is that Singapore’s GST system lets you...

Private banking onboarding for newly licensed CMS holders — Timeline and processing benchmarks

by The Raffles Corporate Services Editorial Team | Jul 21, 2026 | Tax

Private banking onboarding for newly licensed CMS holders — Timeline and processing benchmarks Private banking onboarding for newly licensed CMS holders is the process by which a fund manager holding a fresh Capital Markets Services licence opens custody, dealing and...

Family Office Principal track under ONE Pass and GIP — Timeline and processing benchmarks

by The Raffles Corporate Services Editorial Team | Jul 21, 2026 | Tax

Family Office Principal track under ONE Pass and GIP — Timeline and processing benchmarks The family office principal track under ONE Pass and GIP lets the founder or key principal of a Singapore single family office secure long-term residence while the office applies...

Foreign Tax Credit (FTC), pooling and limitations — Timeline and processing benchmarks

by The Raffles Corporate Services Editorial Team | Jul 21, 2026 | Tax

Foreign Tax Credit (FTC), pooling and limitations — Timeline and processing benchmarks A foreign tax credit is a relief that lets a Singapore tax resident company offset tax already paid overseas against the Singapore tax payable on the same income, preventing double...

Complete Guide to Setting Up a Family Office in Singapore 2026: Section 13O vs 13U, MAS Requirements and Costs

by The Raffles Corporate Services Editorial Team | Jul 21, 2026 | Corp Sec Library, Starting a Company, Tax

Singapore has cemented its position as Asia’s leading wealth management hub, with the number of single family offices growing from around 400 in 2020 to more than 2,000 by 2025. If you are a high net worth family considering Singapore as the base for your wealth...