Private Client and Family Office: Legal Advisory

For an international family, the Gelephu Mindfulness City offers a 0% personal rate for non-citizens until the end of 2030, a 15% corporate rate, and a family-office exemption written into the statute. Getting the structure right means knowing how each of those applies to the family. Basnet Law Pte. Ltd. is the first incorporated law firm in GMC.

Advising on structuring family investment holding companies around the share disposal exemption and the 15% corporate rate.

Personal tax planning around the 0% rate for non-citizen individuals to 31 December 2030.

Advising on the family-owned investment holding company exemption.

Trust and estate planning under the Income Tax Act 2025's trust income rules.

Deciding whether the family office needs a licence for Managing Assets under the Financial Services Act 2025 or falls within the bare trustee and group exclusions.

Residency and work passes for principals and staff, and the resident-director requirement under the Companies Act 2025.

International families considering GMC as a holding and residence base. Principals relocating before the 31 December 2030 tax window closes. Single-family offices deciding whether to be licensed or to sit within the exclusions. Trustees and private banks with clients moving assets to GMC.