Trust Business Licence

Apply for Trust Business Licence

Monetary Authority of Singapore (MAS)

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Application Details

Licensed Trust Companies are licensed under section 3 of the Trust Companies Act (Cap. 336) to carry out trust business specified in the First Schedule to the Trust Companies Act. Trust business refers to:
(a) the provision of services with respect to the creation of an express trust;
(b) acting as trustee in relation to an express trust;
(c) arranging for any person to act as trustee in respect of an express trust;
(d) the provision of trust administration services in relation to an express trust.