Our Private Client Practice includes a Family Office (FO) department that advises and assists with establishing single family offices, whether under the Global Investor Programme or for wealth and asset planning. The Firm will also advise and assist with applying for the relevant tax incentive schemes and provide high-net-worth clients with end-to-end support for ongoing property and administrative matters.
Our Corporate Secretarial Services team provides end-to-end corporate secretarial services, including company incorporation, statutory filings, and ongoing ACRA compliance support. Our Annual Maintenance team provides CRS/FATCA registration, reporting and annual filing, bookkeeping services including payroll, CPF, and preparation of financial statements, and IRAS corporate and personal tax compliance services.
SMTP has advised and acted for clients across a wide range of private client matters.
The firm has provided guidance and representation in matters such as:
Advice on the establishment and structuring of single family offices, including applications for, and compliance with, the relevant tax exemption schemes under Sections 13O, 13U and 13D of the Income Tax Act
Advice on the establishment of single family offices under Option C of the Global Investor Programme to acquire Permanent Residency, including subsequent applications for tax exemption under Sections 13O or 13U of the Income Tax Act
Provide ongoing legal and administrative support for single family office operations, including governance and reporting obligations
Advice on cross-border immigration and residency planning for principals and family members
Assist with wealth, philanthropy and succession planning through asset holding vehicles, including advise on setting up trusts and donor-advised funds (DAF), and intergenerational wealth transfer