RFMC License Singapore
RFMC License Singapore is a permit from Singapore’s government for a business to perform regulated fund management services. RFMC is closely related to LFMC (A/I) regarding the minimum base capital and the type of investors. However, RFMC limits the number of institutional investors that can join the business, at most thirty accredited investors. The Singapore Regulatory Framework requires that every company under RFMC license must have a base capital of at least S$250,000 and a maximum of thirty accredited investors. If your business falls under these specifications, the SFA requires you to get this license to conduct business without legal complications. To know more visit our website RT Compliance and contact us today.
