Variable Capital Companies (VCCs) are a new type of investment fund structure introduced in Singapore in 2019. VCCs are similar to traditional investment funds but with some key differences, making them a more flexible and adaptable option for fund managers and investors.

Some of the key features of VCCs in Singapore include:

  1. Flexibility: VCCs allow for the easy adjustment of capital within the fund structure, providing greater flexibility to fund managers.
  2. Tax efficiency: VCCs are taxed as a single entity, resulting in a more tax-efficient structure compared to traditional investment funds.
  3. Simplicity: VCCs have simplified governance and reporting requirements, making it easier to manage and administer the fund.
  4. Accessibility: VCCs are accessible to both retail and institutional investors, making them a more inclusive investment option.

VCCs in Singapore are regulated by the Monetary Authority of Singapore (MAS) and must be registered with the Accounting and Corporate Regulatory Authority (ACRA). It’s important to note that there are specific requirements for setting up and operating a VCC. Do seek professional advice from professionals like an experienced corporate secretary if you need assistance in setting up a VCC.


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