Family office and private client

Singapore is a leading financial services hub and a renowned gateway to the Southeast Asian region.  It is increasingly recognised for its vibrant private banking and fiduciary ecosystem, and the combination of a pro-business financial environment and a high degree of liveability means that Singapore is a place where high-net-worth (HNW) individuals often choose to live and manage their accumulated wealth.

With a wealth of planning options available to an HNW individual, it is sometimes difficult to determine the most appropriate course from both a personal planning and structuring perspective. There are subtle yet important distinctions between the various options, and this is further complicated by the international tax and legal environment which is in a constant state of flux.

The Family Office & Private Client team at KPMG in Singapore comprise a team of professionals with deep expertise in the unique challenges and opportunities faced by HNW clients. We are able to integrate personal planning with concepts more familiar in an institutional context. This includes the use of single family offices as a captive vehicle for the management of family wealth. 

We are able to leverage the considerable subject matter expertise of the KPMG network as part of our provision of services as a trusted advisor. And our expertise can be augmented with the input of other external service providers where required. This can include the input of lawyers who may be required to advise on matrimonial, trust law and probate matters should they arise. The flexible and dynamic nature of our service delivery means that we are able to work with a HNW directly or with their team of existing advisors, bespoke to their needs.

Our services cover a range of both Singapore and foreign tax and legal issues. Please note that where legal or foreign tax input is required, we are able to work in an integrated fashion with external counsel or together with foreign member firms of the KPMG network.

Family office

• Structuring and tax advisory. This includes matters in relation to Singapore’s suite of fund tax incentives such as Section 13U and Section 13O
• Corporate governance, regulatory and compliance advisory
• Corporate finance and deal advisory
• Due diligence and transaction support
• Philanthropy consulting
• Corporate secretarial
• Virtual family office – accounting, bookkeeping and payroll
• Statutory and non-statutory audit
• Accounting advisory, including forensic accounting
• Licensing and regulatory compliance
• CRS and FATCA advisory and compliance
• Income tax and GST compliance
• Transfer pricing analysis and documentation

Private client

• Personal tax planning and compliance
• Inbound and outbound migration
• US personal tax issues, including disclosures, expatriation and migration
• Succession and wealth planning
• Real estate structuring
• Family governance
• Probate administration
• Disputes advisory