Fund Administration Fee Estimator: what NAV, investor services and corporate secretarial cost for a Singapore fund
Set the fund type, size, sub-funds, investor count and NAV frequency, tick the services you need, and see an indicative annual administration budget — then send the scope for a referral.
Your fund
Indicative administration budget
How Singapore fund administration is priced
Administrators price fund accounting and NAV as a basis-point fee on assets with a minimum, scaled by valuation frequency and by the number of ring-fenced sub-funds; a closed-end PE or credit fund with quarterly valuations sits at the low end, a daily-dealing liquid fund at the high end. Investor services (subscriptions, redemptions, registers, capital calls and distributions) scale with investor count. Corporate secretarial, FATCA/CRS reporting and AML/KYC are largely fixed per vehicle with per-investor components; regulatory filings cover ACRA annual returns, MAS returns and VCC-specific submissions. Audit is a separate engagement. What the stack includes, the statutory deadlines and the questions that separate providers are in choosing a VCC fund administrator and fund administration in Singapore; the full running-cost picture is in the VCC cost calculator.
Need fund administration, NAV or corporate secretarial support?
Send us the scope from the estimator. We refer clients to an established international fund-services group with a Singapore office that administers VCCs day in, day out, alongside MAS-licensed managers for the fund-management side.
Request a fund-services referral →Frequently asked questions
How much does fund administration cost for a Singapore VCC?
For a single sub-fund with monthly NAV and a small investor base, fund accounting and NAV typically start around S$25,000–35,000 a year, with investor services, corporate secretarial, FATCA/CRS and AML/KYC adding roughly S$15,000–25,000. Larger or daily-dealing funds, many investors and several sub-funds move the figure up; the estimator shows the lines for your scope.
Does each sub-fund of an umbrella VCC need its own administrator?
No. One administrator, one board and one auditor serve the whole umbrella; each additional sub-fund adds an incremental accounting and audit charge rather than a new mandate. That is the umbrella’s core economic advantage, and the reason a fourth or fifth strategy costs far less than a standalone fund.
Is audit included in administration fees?
No. Audit is a separate statutory engagement, typically from about S$14,000 per sub-fund a year for a straightforward strategy and more for hard-to-value assets. The administrator prepares the financial statements the auditor relies on.
Can a qualifying fund recover GST on administration fees?
Partly. Under the fund GST remission, non-GST-registered qualifying funds — including sub-funds of umbrella VCCs — recover GST incurred on expenses at a fixed recovery rate, which reduces the effective cost of administration, audit and professional fees.
Who do you refer fund-services work to?
An established international fund-services group with a Singapore office that administers VCCs day in, day out — fund accounting and NAV, investor services, corporate secretarial and regulatory reporting — alongside MAS-licensed fund managers for the fund-management side. We are an independent editorial resource and do not administer funds ourselves.
VCC Singapore is an independent informational resource and is not a regulator, law firm, tax adviser or fund administrator. Fee ranges are general estimates, not quotes.