Family asset management in 2022

pay fee by instalmentsbusiness setup without travelGuaranteed solutions

Healy Consultants Group provides our international Clients with complete Family wealth advisory & management solutions.

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

  • Advantages of family asset management

    1. An 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 entity Liechtenstein
(Stiftung)
Singapore (LLC) Jersey
(Foundation)
Luxembourg
(SPF)
Cayman Islands (Excluded Person)
Our recommendation in order of preference 1 2 3 4 5
How long to set the entity up? 2 weeks 1 week 1 month 3 weeks 1 month
How long to open company bank account? 3 weeks 6 weeks 1 month 1 month 1 month
Regulatory license required? No No No No No
Total engagement costs? €32,195 US$12,246 £16,700 €23,170 US$31,472
Tax exempt on investment profits? Yes Yes Yes Yes Yes
Location of bank account Liechtenstein Singapore Jersey Luxembourg St. Vincent
Bank signatory must travel? No Yes No Yes No
Do you travel for entity setup? No No No No No
Minimum capital requirement US$30,000 US$0 £0 €12,395 US$0
% of capital to be paid prior to formation 100% 100% 100% 100% 100%
Allowed to carry out commercial activities? Yes Yes Yes No Yes
Allowed to import/export? Yes Yes Yes No No
VAT registration required? No No No No No
Minimum number of directors/trustees/managers 3 1 1 1 1
Resident director/trustee/manager required? Yes Yes Yes No No
Can manage and control subsidiaries? Yes Yes Yes Yes Yes
Beneficiary information public? No Yes Yes Yes No
Annual financial statement filing required? No Yes No Yes No
Access to how many double tax treaties 10 75 11 75 0
Country stability rating (out of 100) 100 97 90 94 89

Frequently asked questions

Contact us

For additional information on our family asset management services, please contact our in-house country expert, , directly: