24 hour access |
Local business number |
Prestigious business address |
Bookable meeting rooms
& boardrooms |
Fast & secure Wi-Fi |
One month security deposit |
In-house IT & secretarial support
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The family office community has been a growing trend in Singapore, in tandem with the country’s economic prowess. Thanks to its favourable tax policies and robust regulatory frameworks, many wealthy families have chosen Singapore as their prime spot to set up family offices.
However, starting one up can be a struggle - especially when the real estate market in Singapore can get highly exorbitant. There’s no need for you to stress out, however - take it easy, and let Servcorp handle the burdens for you.
Whether you’re looking to have a single family office or multi family offices, you can be sure Servcorp and our finest serviced offices are here to help you every step of the way.
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Everything but the office
5-star business address
Local phone number
Dedicated receptionist
Fully-furnished & service equipped
Powerful IT infrastructure
Reduced startup costs
Dedicated receptionist, secretarial, and in-house IT support
Sophisticated flexible workspaces
24/7 access to coworking spaces
Flexible hot desks & dedicated desks
Network within a community of 50,000+
Serviced Offices
Servcorp has been providing flexible office space solutions for more than 45 years. Whether at home or in-house, joining the Servcorp community gives you access to our fully furnished offices equipped with cutting edge IT infrastructure, ideal for family offices that require a ready-to-go solution.
Don’t like the traditional office set up? Servcorp also provides virtual office solutions and shared coworking spaces, providing you the flexibility to decide how you want to build your family office. Regardless of your desired layout, Servcorp has you covered.
Meeting and Boardrooms
Your family office needs meeting rooms that match your prestige. Using only the finest leather and marble around, Servcorp provides state of the art multipurpose facilities that are dressed to impress. They boast a five-star quality fit, high-speed internet access, video conferencing equipment, and a professional in-house IT support team to ensure your meetings run undisturbed.
Remote Solutions
Servcorp's virtual office in Singapore offers a flexible and cost-effective way to manage your family's wealth. Instead of a large in-house team, a virtual family office provides a core team and access to a network of experts like investment managers, tax advisors, and legal professionals. Our virtual offices allow you to reduce overheads and give you the freedom to focus on your family's priorities.
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Family offices are private wealth management companies that serve as financial strongholds for wealthy families or successful family businesses that intend to secure their hard-earned wealth for future generations. They navigate through complex financial landscapes to ensure wealthy families maintain control over their high-worth assets. Think of them as a trust fund, for the good of your family line.
Setting up a family office in Singapore is as honourable as it is advantageous. Singapore’s robust regulatory framework along with its political and financial stability makes it a prime global wealth trading hub, and an ideal location to set up your office.
But as Singapore’s economy soars, so has its quality of life and real estate prices. Starting a single family office or multi family office in Singapore can be extremely financially taxing, even for wealthy families. With costs like rent, office supplies, and salaries to manage, the cost to set up your family office may cost you more than it saves.
Thankfully with Servcorp, you can set up a fully operational family office in Singapore without any expensive overhead costs, such as renting dedicated office space or buying office supplies. That way, you can focus on maintaining your monetary authority rather than spending it.
Family offices and the wealth management sector are growing in Singapore thanks to its political and financial stability, favourable tax incentives, and prime strategic location. Singapore will undoubtedly remain a crucial business pillar for many years to come.
Singapore’s robust tax policies, skilled workforce and strong government support for business growth has made it into one of the strongest economies in the region. With its low-crime rates, gold-standard healthcare and high overall quality of life, Singapore is often lauded for its safety and stability.
Singapore is one of the most important and busiest trading hubs in the Asia-Pacific and serves as the primary gateway to the region. With its political and economic stability, it has become the top choice for many budding entrepreneurs and major conglomerates.
Its large number of financial institutions and various tax policies are also very favourable for setting up family offices, with low tax rates and exemptions for you to leverage over. Thanks to initiatives and policies from the Income Tax Act, the Family Office Development Team, and the Enhanced Tier Tax Scheme, Singapore has no capital gains tax and a low corporate tax rate, enabling your family office to maximise your wealth while minimising your liabilities.
Not only will Singapore’s safe environment help you manage your wealth securely, but Singapore will also provide you the leverage to grow it globally. Its reputation as a global trading hub thanks to its strategic location for shipping has attracted a plethora of businesses, from professional service providers to financial institutions, giving you vast global investment opportunities for your family office.
A single family office is a dedicated entity that’s entirely devoted to giving your family personalised wealth management advice, and is likely the most costly to start up.
A multifamily office is less personalised, being run by a third party that manages two or more families, and is much cheaper in comparison.
Those that start virtual family offices get the best of both worlds - through a virtual office, you can start a single family office while still keeping it affordable as you wouldn't need to rent office space or get office supplies, saving you much overhead costs.
The purpose of family offices is unique, and you would need to follow necessary legal and tax practices that Singapore enforces. Thankfully, there are several support pillars provided by the Economic Development Board and the Wealth Management Institute that you can consult with.
It’s almost necessary to approach a wealth management institute, private banking industry group, investment professionals as well as legal and tax advisory services and ask for a family office advisor to understand important details. No family wants to lose their monetary authority over a fine print!
Choosing to register your family office with Servcorp gives you access to fully furnished office spaces and top-tier administrative services. It’s an extremely cost-effective way to start, since you’ll be avoiding much of the administrative and financial overhead. Servcorp’s professional administrative staff will also streamline your setup, enabling you to kickstart your family office in as soon as a month.
As with its 50,000 other clients, Servcorp is fully committed towards business growth and stability. Through its 5-star administrative support, secretarial services, and compliance assistance, you’ll ensure a smooth journey in setting up your family office.
Servcorp is the only workspace provider with reliable in-house IT support and infrastructure. You’ll gain access to secure high-speed internet, disaster recovery solutions, and world-class cybersecurity to safeguard your family’s sensitive wealth data.
We’re always ready to provide the key administrative support you’ll need to run your family office smoothly. No matter what your daily operational needs are, you’ll have access to our dedicated receptionists as well as legal and secretarial services on demand.
It’s a big world out there for those living in the little red dot, and it's necessary for your family office to have global connections. Servcorp connects you with over 50,000 other global businesses, enabling you to potentially find strong family office professionals for your staff. you’ll gain access to a dedicated international network for you to utilise, offering seamless expansion opportunities and networking potential to find investment professionals and other family offices worldwide.
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Be it in Downtown CapitaGreen, Marina Bay, or Suntec, you’ll have the option to host family offices in any of these downtown business addresses, along with many in-house amenities for you and your family office staff to enjoy.
Our business locations are a cut above the rest - you can expect only the highest quality leather and marble in our offices, and a spectacular view of Singapore’s iconic landmarks, providing an elite environment that reflects the prestige of your family office.
Need a bit more real estate? Servcorp offers flexible lease terms, ensuring you only pay for the space you need, with the ability to scale up or down seamlessly when required. With how tight and competitive space is in Singapore, flexibility is key to having your family office running without any stops.
Seamlessly access all billing information via Servcorp Home, an all-in-one business platform for your use.
If you encounter any issues with any of our facilities or services, you can be sure to receive comprehensive IT support and reliable high-speed WiFi in any of our locations.
Enjoy 24/7 access to your secure office space which provides total autonomy over your family office operations.
Join the best family office workspace solution service in the world, and reach out to our friendly team for a personal tour of your future space.
Gain access to flexible leases and support from the only workspace provider with unmatched team support.
The only integrated global operator | 3 days free private office usage outside your home location | Reduce risk & upfront costs
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Family offices are business entities that specialise in wealth management advisory, aimed to service wealthy families and/or ultra-high net worth individuals. They take on responsibilities such as asset management, succession planning, and managing family wealth in general.
Currently there are three types of family offices you can set up: Single family offices (SFO), multi family offices (MFO), and the new virtual family offices (VFO).
Single family offices are personalised to manage the wealth of just one family, and are the most expensive. Multi family offices manage multiple families with less personalisation, but are cheaper.
Virtual family offices get the best of both worlds, enabling you to start a single family office that operates through a virtual office, saving much of the expensive overhead from rent and office supplies while still giving family office principals the necessary amenities to run the business smoothly.
Family offices are a growing trend in Singapore along with its wealth management sector thanks to its political and financial stability. Its GDP has continued to skyrocket ever since its independence, and earned its prestigious title as one of the four Asian Tigers in the Asia-Pacific. It also serves as one of the pivotal global trading hubs in Southeast Asia, where many like-minded business folk find vast opportunities to network with high-profile individuals from across the globe.
The targeted tax incentives are very lucrative in Singapore, thanks to their low tax rates for individuals and corporations.
There are a number of schemes and institutes in place by the government that enable family offices to maintain their monetary authority, such as the Enhanced Tier Tax Scheme and the Wealth Management Institute (WMI) providing numerous tax incentives that make setting up family offices accessible and viable.
Servcorp provides you with only the best business-enhancing amenities, a 5-star furnished office space, and world-class administrative services without the expensive overhead. Whether it’s single family offices or a multi family office you’re hosting, you’ll be sure to experience a smooth set up and journey towards managing your Singapore family office.
All of Servcorp’s business locations are perfect for a Singapore family office. Its location is both iconic and convenient, with convenient access to the central shopping district in Suntec and key landmarks. It provides amazing views of the city, world-class amenities and luxury coworking spaces, Servcorp exudes prestige and elegance in both form and function - exactly where a family office needs to be.
