Stricter regulations and extended waiting time for family offices are slowing down the growth of this segment in Singapore, experts told AsianInvestor.
Tag : tax incentives
Local hiring and spending requirements fail to dent the city-state’s desirability as a family office base, and tax breaks serve as a sweetener.
The Hong Kong government's incentives appear to be working as the city has a strong pipeline of family offices looking to establish a presence, according to the city's financial chief.
In partnership with FinCity.Tokyo
Backed by government action to remove regulatory bottlenecks, the city is moving swiftly to ensure ease of doing business for international firms.