Early leadership transition helps family enterprises stay relevant and grow as the next generation brings fresh ideas while still benefiting from the patriarch or matriarch’s experience and guidance.

Desmond Soo Kwang Teo

EY Asia-Pacific Family Enterprise Leader; Asia-Pacific EY Private Deputy Leader; ASEAN and Asia-Pacific EY Private Tax Leader

Passionate about lifelong learning and building up new areas of work. Family of three children and two dogs, with a passion for all things old.

Desmond is EY Asia-Pacific Family Enterprise Leader and a partner at Ernst & Young Solutions LLP focusing on business tax advisory and private clients.

As one of the pioneering tax advisors for funds and family offices in Singapore, he has extensive experience helping clients with end-to-end solutions for their business structures and operations, ranging from business setup and acquisition to debt or capital restructuring, tax incentives, tax compliance, and exit planning.

He works closely with leading private banks to help their clients navigate through the interconnected requirements of corporate tax, personal tax, FATCA/CRS and operational tax.

Desmond is a regular speaker at conferences around the region. He contributes regularly to industry publications, and his insights are sought by the Singapore authorities and major newspapers.

Desmond graduated from Nanyang Technological University with a bachelor’s degree in Accountancy (Hons). He is a member of the Institute of Singapore Chartered Accountants, and an Accredited Tax Advisor of Singapore Chartered Tax Professionals Limited.

 

How Desmond is building a better working world

 

“During a two-year assignment in New York, I set up the inaugural Singapore Tax Desk as part of the EY Global ITS foreign desk network. My passion to build up new areas of work and collaboration goes hand in hand with providing continued learning and development for my teams and myself.”

Desmond’s latest thinking

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