Understanding the Singapore Variable Capital Company (VCC)

The Variable Capital Companies Act ('VCC') is said to be a game-changer for Singapore's asset and wealth management industry, cementing Singapore's role in the region. Join the Monetary Authority of Singapore (MAS) and our subject matter experts in our latest on-demand webcast as we share the following:

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All you need to know about the VCC

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What is VCC?

What is VCC?

VCC is a new legal entity form / structure for all types of investment funds in Singapore. It can be formed as a single standalone fund, or as an umbrella fund with two or more sub-funds, each holding different assets.

Here, we highlight some of the key aspects of the VCC and how it will elevate Singapore’s position in becoming a globally competitive fund domicile.

For more information, please visit the Singapore Government webpage containing the full VCC legislation released by Monetary Authority of Singapore’s (MAS).

What can VCC be used for?

What can VCC be used for?

What are the benefits?

What are the benefits?

The benefits of VCC include greater flexibility and improved operational and tax efficiency, thereby facilitating investment fund operations and addressing global investment funds' needs. It helps to reap more economies of scale, achieve cost efficiency and promote foreign funds re-domiciliation.

How PwC can help you

Our dedicated team brings together senior and experienced subject matter experts and trusted specialists who can support you at every step of the way to achieve a successful outcome with the VCC launch.

An analysis of comparative structures

With the introduction of the VCC in the asset management market, Singapore is elevating its position as a prominent funds hub. The VCC has its own legal framework, enabling it to be used for alternative and traditional investment fund across either closed- or open-ended strategies. In this publication, we compare the VCC with various corporate form investment fund structures in other prominent fund domiciles.

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The Singapore Variable Capital Company (VCC) At a glance

A 5-minute guide to what constitutes a VCC, its benefits, requirements and tax framework, as well as how it enhances Singapore's asset management industry.