Family asset management

Family asset management

Asset ManagementHealy Consultants provides our international Clients with complete Family asset management solutions.

Family asset management entities are legal entities able to make tax-efficient investments for a defined group of beneficiaries. A board of members manages these assets in accordance with the will of the founder.

  • Advantages of family asset management

    1. Effective management structures;
    2. Tax efficient;
    3. Increased investment returns;
    4. Separate family business and family wealth;
    5. Optimized management performance and reporting;
    6. Asset transfers are usually not subject to any estate taxes.

Family asset management jurisdictions and comparison

Comparison table for different family asset management jurisdictions:

Family asset management entityLiechtenstein
(Stiftung)
Singapore (LLC)Jersey
(Foundation)
Luxembourg
(SPF)
Cayman Islands (Excluded Person)
Our recommendation in order of preference12345
How long to set the entity up?2 weeks1 week1 month3 weeks1 month
How long to open company bank account?3 weeks1 month1 month1 month1 month
Regulatory license required?NoNoNoNoNo
Total engagement costs?€34,840US$6,980£25,850€17,170US$23,048
Tax exempt on investment profits?YesYesYesYesYes
Location of bank accountLiechtensteinSingaporeJerseyLuxembourgSt. Vincent
Bank signatory must travel?NoYesNoYesNo
Do you travel for entity setup?NoNoNoNoNo
Minimum capital requirementUS$30,000US$0£0€12,395US$0
% of capital to be paid prior to formation100%100%100%100%100%
Allowed to carry out commercial activities?YesYesYesNoYes
Allowed to import/export?YesYesYesNoNo
VAT registration required?NoNoNoNoNo
Minimum number of directors/trustees/managers31111
Resident director/trustee/manager required?YesYesYesNoNo
Can manage and control subsidiaries?YesYesYesYesYes
Beneficiary information public?NoYesYesYesNo
Annual financial statement filing required?NoYesNoYesNo
Access to how many double tax treaties107511750
Country stability rating (out of 100)10097909489

Frequently asked questions

Contact us

For additional information on our family asset management services, please email us at email@healyconsultants.com. Alternatively please contact our in-house country expert, Mr. Paavan Chhabra, directly:
client relationship officer - Paavan