Family Office and Fund Administration

Your Trusted Corporate Business Solutions Provider

At Astria, we have the expertise to support family offices and help high net worth individuals and their families to use Singapore as their base to manage your wealth.

Family offices are complex organizations that require deep knowledge — not just of investment variables, but also a host of other factors. As trusted advisors to ambitious business-owning families, Astria has the experience and know-how to help the entire family enterprise — families, their family business and their family office — pursue growth opportunities while preserving values and building the family legacy.

Astria’s team of professionals are experienced in pinpointing and helping to optimize the drivers that impact family businesses’ growth and longevity, preserve wealth and culture, and solidify multigenerational legacies.

A family office supports the family vision and legacy, ownership transitions, leadership transitions and successful wealth transitions. The benefits include privacy and confidentiality as the family office is the sole entity that keeps all information for all family members, covering the entire portfolio of assets, activities, tax and general personal information. Other advantages include transparent governance and management structure, alignment of interests, potential higher returns, and improved risk management.

What We Offer

One-Stop Solution Throughout Your Growth Journey

As a full-suite corporate business solutions provider, we have the expertise to support family offices and help HNWIs and their families to use Singapore as their base to manage their wealth.

Family Office Advisory & Set-up

Astria Consulting offers comprehensive advice on the family office structure, definining the governance frameowkr, asset protection strategies, regulatory compliance and applying for tax incentives under the MAS.

Fund Management Company and Fund Entity Set-up

With our deep expertise, we assist clients in setting up fund management companies, including structuring fund vehicles, entity incorporation, compliance frameworks, and operational setup.

Fund Management License Application

Singapore’s Fund Management sector is regulated by the MAS and require fund managers to obain the appropriate licence. Our team ensures a smooth process by preparing regulatory submissions, drafting compliance policies, engaging with MAS, and advising on ongoing governance requirements.

Fund Administration & Accounting

Astria Consulting offers comprehensive fund administration services to Singapore-based fund managers, ensuring accurate financial reporting and regulatory compliance.

FATCA & CRS Reporting

Our experts in Astria ensures that your fund remains compliant with Singapore’s reporting obligations, avoiding penalties and regulatory scrutiny.

Captive Management

Singapore is a leading jurisdiction for captive insurance companies, offering regulatory flexibility and tax efficiencies. We assist businesses in setting up and managing captive insurance entities for risk management and self-insurance purposes.

Family Office Advisory & Set-up

Singapore has emerged as a premier destination for family offices, offering a stable financial ecosystem, attractive tax incentives, and a well-regulated environment. We provide comprehensive advisory services to ultra-high-net-worth individuals (UHNWIs) looking to establish a Single Family Office (SFO) or Multi-Family Office (MFO) in Singapore.

Our services include structuring the office, defining governance frameworks, asset protection strategies, regulatory compliance, and applying for tax incentives under the Monetary Authority of Singapore’s (MAS) Section 13O and 13U schemes.

Fund Management Company and Fund Entity Set-up

Singapore is a leading global fund management hub, offering robust regulatory frameworks and flexible fund structures like the Variable Capital Company (VCC). We assist clients in setting up fund management companies, including structuring fund vehicles, entity incorporation, compliance frameworks, and operational setup.

Whether you require a private equity, hedge fund, or venture capital structure, we ensure that your entity aligns with Singapore’s financial regulations and tax efficiencies.

Fund Management License Application

Singapore’s fund management sector is regulated by MAS, requiring fund managers to obtain the appropriate license. We guide clients through the application process for different fund management licenses, including:

Registered Fund Management Company (RFMC) – For fund managers with up to 30 qualified investors and AUM below S$250 million.
Licensed Fund Management Company (LFMC) – For larger-scale fund managers serving accredited and institutional investors.
Venture Capital Fund Manager (VCFM) – A streamlined licensing regime for venture capital firms.

Our team ensures a smooth process by preparing regulatory submissions, drafting compliance policies, engaging with MAS, and advising on ongoing governance requirements.

Fund Administration & Accounting

We offer comprehensive fund administration services to Singapore-based fund managers, ensuring accurate financial reporting and regulatory compliance.

Our Services Include

Net Asset Value (NAV) calculations
Investor reporting and capital account statements
MAS and ACRA regulatory filings
Financial statements preparation in compliance with IFRS/SFRS
Audit support and tax filings

By leveraging industry-leading technology and best practices, we enhance efficiency and transparency in fund operations.

FATCA & CRS Reporting

Singapore-based financial institutions, including fund managers and family offices, must comply with international tax reporting regulations under the Foreign Account Tax Compliance Act (FATCA) and Common Reporting Standard (CRS).

We Assist Clients With

Investor due diligence and classification
Data collection and validation
Preparation and submission of FATCA and CRS reports to IRAS
Compliance framework development to mitigate regulatory risks

Our expertise ensures that your fund remains compliant with Singapore’s reporting obligations, avoiding penalties and regulatory scrutiny.

Captive Management

Our Services Include

Feasibility studies and regulatory assessments
Captive incorporation and licensing with MAS
Policy drafting, underwriting, and claims management
Financial reporting, tax compliance, and actuarial support

By leveraging Singapore’s pro-business environment, we help companies optimize their risk management strategies while achieving cost savings through captive insurance structures.

How it Works?

Here’s 3 simple steps to engage Astria for all your Family Office requirements.

Step

Initial Consultation

Consult with us on the latest regulations concerning family offices and hear from our experts on how to preserve value and build the family legacy.

Step

Setting Up the Family Office and Fund Management License Application

After understanding the different requirements, we will work out with you on how to manage the set-up process seamlessly and exchange information in the most efficient manner to ensure that the MAS application is smooth.

Step

Schedule Regular Discussions

We will work closely with you to share insights and best practices in the market and industry that you are in so that you are kept updated on the changes and remain compliant.

We provide expert advice customised to suit all businesses.

From company incorporation to accounting, compliance, and beyond – we provide expert support at every stage of your business journey