Course Detail(A315 : Practical Insights into Variable Capital Companies (VCC): Accounting, Tax & Compliance (Classroom))
Not Available

A315 : Practical Insights into Variable Capital Companies (VCC): Accounting, Tax & Compliance (Classroom) NEW

3.50 CPE Hours (Category 1, Others)
Classroom

This course provides accounting and finance professionals with a comprehensive understanding of the Variable Capital Companies (VCC) framework in Singapore. The course will discuss how to incorporate a VCC and its the regulatory requirements and delves into the accounting, taxation, regulation and compliance issues concerning VCCs. Through case studies, participants will learn to apply the knowledge gained to effectively address common issues faced by VCCs.

At the end of this course, you will be able to:

  1. Understand the VCC framework and its regulatory and compliance requirements;
  2. Apply appropriate accounting and valuation methods for VCCs;
  3. Examine tax treatments for VCCs;
  4. Discuss future trends and potential developments in VCCs.

Programme Outline

  • Overview of VCCs
    • Introduction to VCCs - benefits, key features and requirements
    • Differences between VCCs, companies and unit trusts
    • VCC Act 2018 & MAS Guidelines on VCCs
    • Setting up a VCC - challenges and how to overcome them
  • Accounting and Valuation of VCC
  • Financial reporting standards (IFRS, SFRS)
  • Valuation methodologies (Fair value measurement, NAV computation)
  • Audit requirements
  • Common Accounting and Valuation Challenges
  • Taxation of VCC
  • Income tax treatment, including tax benefits for VCC
  • GST treatment
  • Stamp Duty treatment
  • Withholding tax treatment
  • Case Study: Corporate Structure, Tax Incentives, and Tax Treatment
  • Future trends and developments of VCCs in Singapore

Training Methodology

Lecture style with case studies, examples, and practical exercises


Closing Date for Registration*

1 Week before Programme or Until Full Enrolment.

 

Intended For

The course is designed for accountants, auditors, finance professionals, tax professionals, fund managers, legal advisors, compliance officers, and business owners.

Competency Mapping

Category 1 = 1.50 Hours
Others = 2.00 Hours

Schedule & Fees
Date & Time

23 Jul 2025 (9:00 AM - 12:30 PM)

Fee (inclusive of GST)


SGD pricing -

For Members: $ 221.27
For Non-Members: $ 263.78


Programme Facilitator(s)

Team of Professionals(A315)

Venue

60 Cecil Street
Singapore 049709

Testimonial

Funding

No funding Available!

Programme Facilitator(s)


Koh Wee Keong

CA (Singapore)

Wee Keong is a portfolio CFO and a Family Business Advisor helps and supports the Singapore SMEs and family businesses in financial management & analysis, develop and implement financial strategies to support business growth and sustainability, cash flow & working capital management, risk management, fundraising & capital management, business growth & M&A advice, and investment management.

 

He is a seasoned financial professional with over 20 years of experience in corporate finance, financial reporting, mergers & acquisitions, capital raising, valuation, due diligence, and restructuring. His industry experience spans financial services, healthcare, retail, F&B, manufacturing, shipping & logistics, and transport businesses in Singapore, Malaysia, Hong Kong, China, UK, and Australia.

 

Leveraging on his finance expertise, he also assists individuals and businesses with wealth management, investment strategies, portfolio structuring, and estate & succession planning – ensuring financial security and future growth.

 

He is a Chartered Accountant of Singapore, a Fellow of The Association of Chartered Certified Accountants (FCCA) (UK), an Associate Estate Planning Practitioner (AEPP®) and a member of Singapore Institute of Directors.

 

Benjamin Lim

ATA (Income Tax)
 

Benjamin has more than 25 years of well blended tax experience gathered from being an in-house tax advisor and as a professional service provider. He spent more than 14 years in Big 4 accounting firms , serving a wide range of local, multinational and listed companies in various industries. He accumulated an aggregate of more than 9 years in the commercial sector, where he provided the full spectrum of in-house tax support to stakeholders, ranging from tax planning, advisory, compliance, transfer pricing as well as tax reporting matters.

 

He has broad experience in diverse industries, including consumer business, offshore and marine, hospitality, real estate and infrastructure, etc., among others. In particular, he has significant experience in financial services - banks, asset management, investment funds, trusts, private equity and general insurance. He has worked on tax advisory and planning assignments within these industries. They include tax M&A work, corporate restructuring exercises, cross-border transactions, business model optimisation, review of prospectuses and information memoranda, tax ruling requests, tax incentive applications, etc.. He works closely with high net worth individuals and asset managers in setting up family offices, funds, VCCs and advises on various related tax matters.

 

Benjamin is an Accredited Tax Advisor with the Singapore Chartered Tax Professionals

This course provides accounting and finance professionals with a comprehensive understanding of the Variable Capital Companies (VCC) framework in Singapore. The course will discuss how to incorporate a VCC and its the regulatory requirements and delves into the accounting, taxation, regulation and compliance issues concerning VCCs. Through case studies, participants will learn to apply the knowledge gained to effectively address common issues faced by VCCs.

At the end of this course, you will be able to:

  1. Understand the VCC framework and its regulatory and compliance requirements;
  2. Apply appropriate accounting and valuation methods for VCCs;
  3. Examine tax treatments for VCCs;
  4. Discuss future trends and potential developments in VCCs.

Programme Outline

  • Overview of VCCs
    • Introduction to VCCs - benefits, key features and requirements
    • Differences between VCCs, companies and unit trusts
    • VCC Act 2018 & MAS Guidelines on VCCs
    • Setting up a VCC - challenges and how to overcome them
  • Accounting and Valuation of VCC
  • Financial reporting standards (IFRS, SFRS)
  • Valuation methodologies (Fair value measurement, NAV computation)
  • Audit requirements
  • Common Accounting and Valuation Challenges
  • Taxation of VCC
  • Income tax treatment, including tax benefits for VCC
  • GST treatment
  • Stamp Duty treatment
  • Withholding tax treatment
  • Case Study: Corporate Structure, Tax Incentives, and Tax Treatment
  • Future trends and developments of VCCs in Singapore

Training Methodology

Lecture style with case studies, examples, and practical exercises


Closing Date for Registration*

1 Week before Programme or Until Full Enrolment.

 

Intended For

The course is designed for accountants, auditors, finance professionals, tax professionals, fund managers, legal advisors, compliance officers, and business owners.

Competency Mapping

Category 1 = 1.50 Hours
Others = 2.00 Hours

Programme Facilitator(s)

Koh Wee Keong

CA (Singapore)

Wee Keong is a portfolio CFO and a Family Business Advisor helps and supports the Singapore SMEs and family businesses in financial management & analysis, develop and implement financial strategies to support business growth and sustainability, cash flow & working capital management, risk management, fundraising & capital management, business growth & M&A advice, and investment management.

 

He is a seasoned financial professional with over 20 years of experience in corporate finance, financial reporting, mergers & acquisitions, capital raising, valuation, due diligence, and restructuring. His industry experience spans financial services, healthcare, retail, F&B, manufacturing, shipping & logistics, and transport businesses in Singapore, Malaysia, Hong Kong, China, UK, and Australia.

 

Leveraging on his finance expertise, he also assists individuals and businesses with wealth management, investment strategies, portfolio structuring, and estate & succession planning – ensuring financial security and future growth.

 

He is a Chartered Accountant of Singapore, a Fellow of The Association of Chartered Certified Accountants (FCCA) (UK), an Associate Estate Planning Practitioner (AEPP®) and a member of Singapore Institute of Directors.

 

Benjamin Lim

ATA (Income Tax)
 

Benjamin has more than 25 years of well blended tax experience gathered from being an in-house tax advisor and as a professional service provider. He spent more than 14 years in Big 4 accounting firms , serving a wide range of local, multinational and listed companies in various industries. He accumulated an aggregate of more than 9 years in the commercial sector, where he provided the full spectrum of in-house tax support to stakeholders, ranging from tax planning, advisory, compliance, transfer pricing as well as tax reporting matters.

 

He has broad experience in diverse industries, including consumer business, offshore and marine, hospitality, real estate and infrastructure, etc., among others. In particular, he has significant experience in financial services - banks, asset management, investment funds, trusts, private equity and general insurance. He has worked on tax advisory and planning assignments within these industries. They include tax M&A work, corporate restructuring exercises, cross-border transactions, business model optimisation, review of prospectuses and information memoranda, tax ruling requests, tax incentive applications, etc.. He works closely with high net worth individuals and asset managers in setting up family offices, funds, VCCs and advises on various related tax matters.

 

Benjamin is an Accredited Tax Advisor with the Singapore Chartered Tax Professionals

Upcoming Schedule

Date & Time

23 Jul 2025 (9:00 AM - 12:30 PM)
Fee (inclusive of GST)


SGD pricing -

For Members: $ 221.27
For Non-Members: $ 263.78


Programme Facilitator(s)

Team of Professionals(A315)

Venue

60 Cecil Street
Singapore 049709


Other courses you might like

View Courses 
2.00
CPE Hours
Live Webinar

Is your mental health affecting your “going concern”? – Accountants’ mental health and its implications on Ethics (Live Webinar)

26 Apr 2025 - 26 Apr 2025

  • UTAP
2.00
CPE Hours
Live Webinar

Ethics Update for Professional Accountants in Business (Live Webinar)

28 Apr 2025 - 28 Apr 2025

  • UTAP
7.00
CPE Hours
Live Webinar

Financial Reporting : Analysis from A Managerial Perspective (Live Webinar))

28 Apr 2025 - 28 Apr 2025