Family Office Opportunities in Hong Kong

The Hong Kong government has recently adopted a comprehensive policy to attract overseas investment for setting up family offices in the city. This policy includes several measures such as tax concessions, a new Capital Investment Entrant Scheme (CIES), and market facilitation measures. The government aims to create a conducive and competitive environment for global family offices and asset owners to thrive in Hong Kong.

Benefits of Setting Up a Family Office in Hong Kong

Hong Kong offers numerous benefits for setting up a family office. These include a low tax environment, a strategic location with access to Mainland China, strong government support, and a robust financial infrastructure. The city's position as a leading financial hub in Asia makes it an attractive destination for family offices.
Hong Kong's family office sector is flourishing, with more than 2,700 single-family offices currently operating in the city. This growth is supported by the city's strong wealth management sector and favorable government policies. Hong Kong has become a premier destination for global family offices and asset owners.

Our Firm's Agreement with Bank of Singapore

In alignment with the government's policy and to provide comprehensive services to our clients, our firm has entered into an agreement with the Bank of Singapore. This partnership will enable us to offer specialized services to clients who are setting up family offices in Hong Kong. The Bank of Singapore's expertise and resources will be invaluable in ensuring the success of these ventures. The Bank of Singapore is a wholly-owned subsidiary of OCBC. Formed in 1932, OCBC is the longest established Singapore bank and the second largest financial services group in Southeast Asia by assets. OCBC is also one of the world’s most highly-rated banks with an Aa1 credit rating by Moody’s for its financial strength and stability.
The Bank of Singapore is renowned for its strong financial services and expertise in wealth management. Their comprehensive range of services, including investment management, estate planning, and family governance, makes them an ideal partner for setting up family offices. Their commitment to excellence and client-centric approach ensures that our clients will receive the best possible support.

Business Associations

In addition to our partnership with the Bank of Singapore, we have established associations with various business professionals in Hong Kong and overseas such as lawyers, tax experts and trustees. These associations are crucial for providing the necessary legal and fiduciary support required in setting up and managing family offices. Our network of trusted professionals ensures that our clients have access to all the resources they need for successful family office operations.

If you are interested in setting up a family office, please contact our CEO Ms. Amie Cheung by email at amie.cheung@lccpa.com.hk , WhatsApp, WeChat or by calling 2521-6692.