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Procure investment-grade 1kg gold bars at spot +0.25%. Enquire within.

Why hold gold under a holding company

This article applies only to holding companies domiciled in Singapore.

Generally, capital gains are not taxable in Singapore. These include;

Gains from diversifying into assets such as gold and other precious metals for long-term investment purposes
Gains on sales of fixed assets
Gains on foreign exchange on capital transactions

Furthermore, corporate tax is exempted in Singapore for;

Income arising from funds managed by a fund manager in singapore
Income arising from asset securitisation transactions
Income of a trust nature of which a beneficiary is appointed and entitled to
Income of eligible family-owned investment holding company
Income of gains or profits from disposal of ordinary shares regardless of investee country

This all means that Singapore does not impose capital gains tax and corporate tax from companies registered in Singapore who made;

Capital gains from owning investment-grade (>99.5% purity) gold
Capital gains from owning ordinary shares in gold mining companies
Capital gains from assets managed by fund managers in Singapore
Capital gains from selling fixed assets like machinery
Income from securities created by asset-backed securitisation companies in Singapore

The above also means you should use a Singapore holding company to;

Own investment-grade (>99.5% purity) gold bars
Own ordinary shares in other gold mining or development companies
Manage funds, stocks and shares wherever they are
Buy and sell fixed assets like heavy machinery
Conduct asset securitisation activities (e.g asset-backed crypto)

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