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

Due to demand for a repeat session, we are holding a rerun webinar on the two topics below:

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

The details are as follows:

Date: Tuesday, 20 January 2026
Time: 3:00 p.m. to 4:00 p.m. (SGT)
Format: Microsoft Teams virtual session
 
Agenda
In this rerun session, we will 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
Tax Partner, Financial Services, Ernst & Young Solutions LLP
       
Armin Choksey
Partner, Financial Services, Ernst & Young LLP



Registration for this event is now closed. If you have any questions or concerns, please reach out to us via [email protected].