Already an Angel? You can become a VC, and we'll invest in your fund. Learn how September 1.
Save My Free Seat
Previous Post
Next Post
1

Asked by

Community Member

on

in

General

I started negotiations with Swiss-Asia in Singapore to set up a VCC structure there, with Swiss-Asia serving as the licensed fund manager -VCFM (a Singaporean law requirement). However, no cooperation has been agreed upon yet, and no documents have been signed. Is pausing those conversations for the program duration recommended, or do you see no interference?

1 See in Base
0

Answered by

Community Member

on

Yes - you should pause conversations until your figure out where you will domicile together with LPs. Please note that the Singaporean domicile and licensing process can take 1 year or more. Unless you are based in Singapore, we recommend that you try to domicile somewhere else. 

Join VC Lab

Raising your first fund? VC Lab has helped launch 950+ venture firms, with no fees and no equity taken. The average Start Fund reaches first close in 58 days.
Apply Now