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ARTICLE · 23 MARCH 2022

Setting Up A Trust In Singapore

With Asia driving the global economy, the wealth management industry in Singapore is currently witnessing a huge increase.

SingaporeWealth Management

With Asia driving the global economy, the wealth management industry in Singapore is currently witnessing a huge increase. Local millionaires and foreign High Net Worth Individuals are finding Singapore trusts as their preferred vehicle for managing their wealth, largely due to the numerous advantages of establishing a trust in Singapore such as; the attractive taxation system and tax incentives.

Singapore Trusts: Why choose Singapore?

Singapore is highly recognised as an attractive trust jurisdiction internationally. With Asia driving the global economy, the wealth management industry in Singapore is witnessing a phenomenal boom; and along with that, the formation of trusts are also on the rise Singapore's local millionaires as well as foreign High Net Worth Individuals (HNWI) are finding Singapore trusts as their preferred vehicle for managing their wealth. 

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