Practical Insights into Variable Capital Companies (VCC): Accounting, Tax & Compliance (Classroom)
Date:
23 July 2025, Wednesday
Venue:
ISCA House
60 Cecil Street
Singapore 049709
Details/ Promotion:
Please click
here for more details and to register.
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Contact:
Please refer to organiser’s webpage here.
Programme Synopsis
This course by ISCA provides accounting and finance professionals with a comprehensive understanding of the Variable Capital Companies (VCC) framework in Singapore. It 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.
Programme Outline
A Highlight of Key Areas:- 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
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