Labuan Foundations and Family Offices
Labuan Foundations provide a high degree of flexibility and legal protection for wealthy individuals As the East has developed it has seen a boom in the number of wealthy individuals emerge from all over the region. The number of High Nett Worth Individuals (HNWIs) from Indonesia, Malaysia, Thailand and other Asian nations has increased significantly with the region taking centre stage as a global economic powerhouse. Serving these HNWIs is a Family Office industry, usually concentrated in a few financial centres such as Singapore and Hong Kong. According to the Monetary Authority of Singapore (MAS), the number of family offices in Singapore rose five-fold between 2017 and 2019 and this […]
Why set up a Labuan Foundation?
Labuan Foundations provide flexibility and legal protection for both corporations and wealthy individuals Labuan Foundations are corporate bodies that exist as legal entities, set up to manage their own property for any lawful charitable or non-charitable purpose. There also exists Labuan Islamic foundations, whose operations must be in compliance with Shariah principles. Labuan Foundations are ideal for wealthy individuals, families, companies and non-profit organisations who wish to control their assets and business while enjoying legal protection. Typically, Labuan Foundations are used for asset protection, charitable purposes, business succession, wealth management and other legal activities. Oversight requirements vary depending on the type of foundation, with Family Foundations (used for private succession […]
Alpadis Group bolsters Swiss team and opens branch in Neuchâtel
Alpadis Group hires Michel Frutiger and Jacques Oguey as Senior Trust Officers Alpadis Group today announces the opening of its branch in Neuchâtel, Switzerland, and the hiring of Michel Frutiger and Jacques Oguey who will provide trust and company administration as well as Family Office services from Alpadis Group’s new office. “Both Michel and Jacques are a highly-respected senior executives and we are delighted that they have become part of Alpadis Group” says Ewald J. Scherrer, Managing Director of Alpadis Group in Switzerland, adding “The expertise that Michel and Jacques bring in the field of international trust management and Family Office services will allow us to further expand our suite […]
A conversation on Family Offices in Asia with Dominik Heer
Dominik Heer is the COO of Alpadis Group, based in Singapore. An expert on Family Offices, Dominik works with the Alpadis Group Singapore and regional teams to advise family offices around the region and beyond, offering expert counsel on how to structure their office, tax incentives, fund administration, succession planning, relocation and more. Here, Dominik tells us about Alpadis Group’s services: Please provide an overview of the role of Alpadis Group’s Family Office Services Alpadis Group assists international families with the setup and day-to-day back office administration of their family office. In addition to that, we offer a suite of value-added services around insurance solutions, citizenship by investment, private equity, […]
A conversation on family governance with Ewald J. Scherrer
Ewald J. Scherrer is the Managing Director of Alpadis Group in Switzerland. He heads up the Group’s office in Zurich where he runs the wealth planning and family office services With a lengthy career in tax and estate planning, family governance as well as fiduciary and trust advisory, Ewald has a deep understanding of the challenges faced by wealthy families and family-owned companies in the region, particularly when it comes to matters of succession and family planning. We sat down with Ewald for a conversation on the needs of outside experts, what has changed over the years and the importance of honesty among other things: Can you provide an overview […]
15 questions with… Robert Payne
Robert is the Associate Director at Alpadis Group’s Hong Kong office. Robert’s main roles are to provide trust services including due diligence, trust structure set-up and management and liaison with intermediaries.
Labuan emerging as destination of choice for Licensed Fund Managers
Following recent economic substance requirements for companies in other offshore jurisdictions, Labuan’s more welcoming regulatory environment and tax regime is beginning to attract attention amongst fund managers. Since the Organisation for Economic Co-operation and Development’s (OECD) recommendations to the G20 on Base Erosion and Profit Shifting (BEPS), more and more jurisdictions are starting to impose economic substance requirements on companies. Economic substance is the extent to which a company has operational and economic activity in a country. For instance, if the company has an office, transactions, employees and other infrastructure then it is deemed to have substance. Under the BEPS framework, if an organisation does not meet a country’s standards […]
15 questions with.. Moritz Gubler
Moritz is Managing Director at Alpadis Group and leads the company’s operations in Malaysia, which include…
Wealth planning – start the conversation now
Global growth over the past few decades has generated a record amount of wealth in many parts of the world. Global growth over the past few decades has generated a record amount of wealth in many parts of the world. Asia is home to 48,245 ultra-high net worth individuals (as of 2018), according to Knight Frank. Europe is home to approx. 70, 627 UHNWIs and is expected to see the number of billionaires increase by 18% by 2023 Yet whether in Asia or Europe, there are lots of challenges that wealthy families face when looking to maintain and grow their wealth, including global economic uncertainty and other risks. These risks […]
海外資産移転
International Planning protects your wealth across multiple jurisdictions, helps save for retirement, allows for international investment and avoids unnecessary liabilities among other benefits. To find out more, please download our factsheet here.