Family Office Integration

---

Forest City’s Single Family Office (SFO) regime mainly helps families who already have global FOs by adding a 0%‑tax, Asia‑centric command or booking centre with strong substance, residency options, and complementary positioning to Singapore/Dubai/Labuan.

1. Tax‑advantaged secondary hub

• You can set up a Forest City SFO as a regional booking centre (Asia mandates, co‑investments, deal SPVs) while keeping your primary FO in London/Singapore/Dubai, with 0% tax on qualifying SFO income for up to 20 years.
• Asset transfers into the SFOV can enjoy stamp duty and CGT exemptions for qualifying new investments within the prescribed window, making it feasible to shift selected portfolios or new Asia allocations into the Malaysian hub.

2. Substance and diversification of FO risk

• By establishing real operations (4+ FTE, local spend, investment professional) in Malaysia, you diversify jurisdictional and substance risk instead of relying on a single FO domicile, which is useful in a BEPS / global minimum‑tax world.
• The SC‑based SFO framework gives institutional‑grade recognition to the Malaysian office, improving bank, regulator and counterparty comfort in Asia without undermining your existing FO platforms.

3. Asia access with better total cost

• Forest City sits in the Johor–Singapore corridor, giving your family office physical access to Singapore’s capital, managers and service providers, while enjoying Malaysia’s lower operating cost and incentive package.
• For global families already active in Asia, this lets you host regional investment teams, Asia co‑investment desks, or family members in a tax‑efficient zone close to Singapore, instead of basing everything in SG or HK alone.

4. Residency and talent platform for next gen

• Forest City SFO comes with a pathway to 10‑year + 10‑year residency and a 15% personal‑tax rate for knowledge workers, which is attractive for next‑gen family members who want to live and work in Asia while developing FO careers.
• You can base a next‑gen “Asia CIO” or PE/VC team there, with competitive after‑tax compensation, while still tying them into the global FO governance framework.

5. Integration with existing structures

• The Forest City SFO can sit above or alongside your existing structures:
  • Holding Labuan foundations/companies,
  • Seeding or co‑investing into Singapore VCCs or other offshore funds,
  • Coordinating global managers under one Asia booking centre.
• Because the scheme is strictly single‑family, you keep continuity of control and can map it cleanly into your existing FO constitution, charters and IC structure.

In short, for a family that already has global offices, Forest City is best used as an Asia‑focused, 0%‑tax FO node that adds jurisdictional diversification, residency options and cost‑efficient substance rather than replacing your existing hubs.