Singapore’s Variable Capital Company VCC
“Game-Changer for Singapore’s Fund Management Industry”
Singapore is expected to launch the Variable Capital Company (“VCC”) Framework late 2019. VCC is a new corporate structure for investment funds constituted under the Variable Capital Companies Act (VCC Act).
With the passing of the Bill by the Singapore Parliament on 3rd September 2019, the main legislative and tax frameworks are now in place. The next step is the finalisation of the operational framework through the subsidiary legislation.agnes-chen.com