Variable Capital Company (VCC) circular clarification and learnings from amended tax incentives

Following high interest, we are hosting another rerun of the webinar for those who might have missed the last two webinars. The webinar will provide key insights on the topics below:

   Variable Capital Company (VCC) circular clarification
   Learnings from the amended tax incentives – one year in

The details are as follows:

Date: Thursday, 5 March 2026
Time: 3:00 p.m. to 4:00 p.m. (SGT)
Format: Microsoft Teams virtual session
 
Agenda
In this rerun session, we explore two critical and timely topics for fund managers, tax and legal advisers, and industry participants:

  VCC circular - clarification


We will review the recent circular issued by the Monetary Authority of Singapore (MAS) on its thematic review of Variable Capital Company (VCC) structures. The circular outlined several expectations that have raised concerns in the market. We will clarify the intent, explain practical implications and discuss what this means for fund vehicles.




Learnings from the amended 13O/13U tax incentives


Following the Q4 2024 amendments to Singapore’s fund tax incentive schemes under sections 13O and 13U, we will share industry insights, feedback from market participants and highlight key considerations and nuances emerging from these changes. 
 
Speakers
 
Armin Choksey - EY-modified.png         Tammy Tan - Profile.png
Tammy Tan
Partner, Financial Services Tax,
Ernst & Young Solutions LLP
       
Armin Choksey
Partner, Financial Services Assurance,
Ernst & Young LLP