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Do changes in (a) beneficial owners of an S13O/OA/U SFO fund (or beneficiaries where the fund is structured as a trust), (b) shareholders, directors, key employees (C-suites) and investment professionals in the SFO, or (c) new intermediate entities in the holding structure of an S13O/OA/U SFO fund or SFO, need to be reported to MAS after the approval of the S13O/OA/U tax incentive?

Updated by MAS

Yes, please notify MAS on such additions or replacements of persons and entities related to the SFO and S13O/OA/U SFO fund, as this is material information that has changed compared to the point of the application. Please provide the following details of the change to MAS, by writing to FO_13OU@mas.gov.sg :

  • Registered / Full name (as per passport for individuals), including in native characters if applicable
  • UEN/ Business registration number (for corporates)
  • Place of incorporation (for corporates)
  • Date of incorporation (for corporates)/ Date of birth (for individuals)
  • Citizenship (for individuals; please list all citizenships, and past citizenships, if more than one. Please also indicate if the individual is a Singapore Permanent Resident)
  • Gender (for individuals)
  • Relationship to beneficial owner
  • Revised shareholding structure if applicable
  • Role in SFO (for individuals)

This information is sourced from MAS.

Topics:

Schemes for Single Family OfficesGeneral Questions

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