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:
- Understand the VCC framework and its regulatory and compliance requirements;
- Apply appropriate accounting and valuation methods for VCCs;
- Examine tax treatments for VCCs;
- 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
- 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
20 Jun 2025 (9:00 AM - 10:00 AM)
Programme Facilitator(s)
Team of Professionals (E196)
Venue
345 Beach Road
Singapore 199568
Testimonial
Funding
1] NTUC Union Training Assistance Programme (UTAP)
UTAP (Union Training Assistance Programme) is an individual skills upgrading account for NTUC members.
NTUC members enjoy 50% *unfunded course fee support for up to $250 each year when you sign up for courses supported under UTAP. NTUC members aged 40 and above can enjoy higher funding support up to $500 per individual each year, capped at 50% of unfunded course fees, for courses attended between 01 April 2024 and 31 March 2027. *This excludes miscellaneous fees such as GST and registration fee etc.
This course is approved for UTAP support for intakes conducted between 28 May 2025 – 31 March 2027.
As UTAP is given on calendar year basis, and calculated based on year of training taken, it cannot be accumulated.
- Maintained paid-up NTUC membership before course, throughout course duration and at the point of claim and;
- Course by training provider must be supported under UTAP and training must commence within the supported period and;
- Unfunded course fee must not be fully sponsored by company or other types of funding
- Unfunded course fee must be S$20.00 and above, and;
- Member must achieve a minimum of 75% attendance for each application and sat for all prescribed examination(s), if any and;
- UTAP application must be made within 6 months after course ends.
To submit for UTAP claims, please visit http://skillsupgrade.ntuc.org.sg/. Terms and conditions apply.
Should you have queries on the funding scheme, you can email to UTAP@e2i.com.sg or call NTUC Membership Hotline at 6213-8008
Programme Facilitator(s)
No Information Available!
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:
- Understand the VCC framework and its regulatory and compliance requirements;
- Apply appropriate accounting and valuation methods for VCCs;
- Examine tax treatments for VCCs;
- 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
- 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)
No Information Available!
