Automatic Exchange of Information (AEOI), through Foreign Account Tax Compliance Act (FATCA) or Common Reporting Standard (CRS), is an initiative for the exchange of information between countries without having to request for it. It is introduced to enhance tax transparency and to combat global tax evasion.
Financial institutions in Singapore are required to collect and report information to IRAS. Many financial institutions struggle to prepare for AEOI due to lack of clear guidance in the market. At BaselCorp, our group of professional advisors can offer insightful advice to help you meet the reporting requirements effectively.
AML Support

With the compliance of anti-money laundering regime in Singapore, which includes the Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act and such other related regulations, it is essential for companies to maintain the policies and procedures that are in compliance with the regulatory requirements. Our experienced team of professionals are always keep abreast of all regulatory requirements to support you in implementing the legislation in Singapore with simplified process and yet fulfil the compliance and regulatory requirements.

Fund Administration & Accounting

As a member of the Singapore Fund Administrator Association, we work as your business partner in providing a full integrated fund outsourcing solution from fund setup to fund accounting services. To comply with the complex reporting standards, our team can assist you to understand the regulatory requirements in order to meet your reporting obligations. With our experienced team taking care of your fund administration and fund accounting, you will be able to focus on portfolio management and asset raising.

Fund Tax Advisory

Singapore’s domestic legislation provides tax incentive schemes for specific income derived from designated investments. By applying for the qualified tax incentives scheme, company can be exempted from tax on certain income and gain.

At BaselCorp, we have a team of tax professionals that provides services in advisory in tax incentives for funds, such as the Onshore Fund Tax Exemption Scheme, “13R” and Enhanced Tier Fund Tax Exemption Scheme, “13X”. It is best to consult a professional as this may save much more capital for organizations in the long run.

Fund Launch Advisory

Fund launch can be challenging as there are various aspects that need to be considered. Our team of highly skilled professionals are able to provide tailored solutions to best meet your business needs. We can guide you with the fund set up in the most timely and cost efficient way, allowing the fund managers to focus on their core competencies in fund-raising and asset management. We are experienced in working with clients with different fund structures, strategies, and jurisdictions.

Our services
-Fund structuring services
-Incorporating offshore or onshore funds
-Coordinating with the legal counsel on the review of fund offering documents, including the placement memorandum, subscription agreement and investment management agreement
-Advising on fund management licensing
-Bank account set up

For partnerships and business inquiry

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