Introducing the Amicorp Dividend Comparison Calculator

Introducing the Amicorp Dividend Comparison Calculator

An Illustrative Tool for Early-Stage Cross-Border Investment Planning

For anyone investing across borders, understanding how much of your return reaches you can be challenging.

Dividend withholding tax (WHT) varies widely by jurisdiction and is influenced by where the Ultimate Beneficial Owner (UBO) is based, as well as the structures used to hold the investment. High-net-worth individuals, family offices, institutional investors, and intermediaries often face the same questions:

• How much WHT is applied if I invest directly?
• Would a fund or holding structure improve efficiency?
• What would the long-term impact be on my returns?

Getting answers to that requires lengthy tax analysis before any planning discussions can begin.

The global investment landscape is rich with opportunity, but the structures chosen to hold those investments can significantly influence the outcomes. By modelling different combinations of investment target countries (such as India, South Africa, and Mexico), UBO-based jurisdictions (including Luxembourg, Singapore, and Mauritius), and investment structures like the Singapore Variable Capital Company (VCC), investors can begin to see how these factors interact to shape their net returns.

This high-level view can highlight how different structures may impact net returns over time through applicable treaty benefits, understand the trade-offs between set-up and maintenance costs versus long-term savings, and plan the life cycles of their structures more effectively. These early insights help investors focus their time and resources on the areas where deeper professional advice will add the most value.

Amicorp has created an interactive tool to help with that. The Dividend Comparison Calculator aims to give you a clearer, visual view of these potential outcomes purely for illustrative purposes, to facilitate early-stage planning discussions*.

How the Calculator Works:

1. Select your investment country
2. Enter your UBO (residence) country
3. Compare direct vs. structured investment
4. Review indicative savings, including:
   • Expected Pre-Tax Annual Rate of Return (%)
   • Estimated Annual Return on Investment (after WHT)
   • Indicative WHT rates for direct vs. structured routes
   • Estimated annual net savings (from Year 2 onwards)
   • Total net savings over the life of the structure

Plan with Confidence

With more investment and UBO jurisdictions being added soon, the Dividend Comparison Calculator aims to serve as a useful aid in the early stage of cross-border investment planning. See how indicative WHT rates could affect your net returns, before you invest. Click here to find out more.

Our Fund Guide: Smart Fund Structures for Global Investors explores different structuring options, including VCCs, Incorporated Cell Companies (ICCs), Reserved Alternative Investment Funds (RAIFs), Notified Alternative Investment Funds (NAIFs), and Segregated Portfolio Companies (SPCs).

Download the Guide to Smart Fund Structuring

*Note: This is an educational planning tool. It does not provide tax, legal, or investment advice. WHT rates shown are indicative and may be subject to conditions such as ownership thresholds, holding periods, and limitation-on-benefits provisions.