Daniel Tan covers fund-management licensing and operations for VCC Singapore. He writes about the Capital Markets Services (CMS) licence, the external-asset-manager and sub-fund-platform routes, and the day-to-day mechanics of standing up and running a fund — drawing on primary MAS and ACRA guidance to keep the operational detail accurate for managers and their advisers.

How we keep guides accurate

• Every guide is dated and carries a “reviewed” stamp; figures are checked against MAS, IRAS, ACRA and EDB sources, which we cite by name.
• Where the rules changed (for example the 1 January 2025 economic-substance updates), we flag the change and the effective date rather than repeating outdated figures.
• We treat numbers as best-estimates for orientation and tell readers to confirm the current position with the regulator before acting.

What VCC Singapore is — and isn’t

VCC Singapore is an independent informational resource. We partner with MAS-licensed Capital Markets Services (CMS) fund managers to help qualified clients set up VCCs, but the site itself is not a regulator, a law firm, or a tax adviser, and nothing here is legal, tax or financial advice.

Daniel Tan is part of the VCC Singapore editorial team.

VCC Singapore is an independent informational resource and is not a regulator, law firm or tax adviser. Content is general information, not legal, tax or financial advice.