Next Generation Partners

Firms To Watch: Private wealth: PRC firms

The private wealth practice at Jingtian & Gongcheng is led by Miao Zhao. The firm advises private companies, family offices, and high-net-worth individuals on family-related disputes, inheritance planning, and complex marriage arrangements.
The boutique firm Shanghai Hairuo Partners specialises in family and private wealth management, providing legal services to clients in the areas of family wealth inheritance planning, cross-border asset allocation, corporate equity structure planning and family trust, as well as complex family dispute resolution. The practice is led by founding partner Weiyi Wu, who brings rich litigation experience, including knowledge in marriage and inheritance disputes.

Firms in the Spotlight Private wealth: PRC firms

Chang Tsi & Partners

Chang Tsi & Partners logo

Since its establishment in 2002, Chang Tsi & Partners has become one of the leading law firms in China. The firm has constantly been referred to as a “National Outstanding Law Firm”, “The Best IP Law Firm in China”, “China IP Law Firm” and “Tier 1 IP Law Firm of the Year” by the Ministry …

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Kangxin Partners, p.c.

Kangxin Partners, p.c. logo

Since its establishment in 1994, Kangxin has grown into a leader amongst IP law firms in China, with offices in Beijing, Tianjin, Qingdao, Xi’an, Wuhan, Hangzhou, Guangzhou and Dongguan. Our client base includes domestic Chinese enterprises and international companies from around the world. We represent many different businesses, including start-ups, well-known domestic entities, and Fortune …

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Private wealth: PRC firms in China

Zhong Lun Law Firm

Zhong Lun Law Firm is widely recognised for its excellence in providing tax advisory and wealth planning services to multinational clients, prominent business funds, and ultra-high-net-worth individuals across various industries. The group shines in handling complex cross-border tax issues and resolving disputes arising from international investments and transactions. The team is led by Mingjun Jia, who specialises in family matters and acts for a number of top high-net-worth individuals in China, alongside Yunxiang Guan and Fei Wang, who co-head the practice’s corporate department. Peter Ni brings vast experience in international tax matters, including significant work in the US. Mark Gao is celebrated for his expertise in tax and wealth planning for ultra-high-net-worth individuals, including setting up domestic and offshore family trusts. Corporate and private tax expert Hengka (Henry) Ji provides wealth planning advice to Chinese ultra-high-net-worth individuals, private banks and family offices in relation to global asset protection, offshore family trusts, and succession matters. Ashley Hu provides tax and wealth planning for private clients, including assisting with the establishment of offshore family trusts for founders and executives of listed companies.

Practice head(s):

Scott Guan; Fei Wang; Mingjun Jia


Other key lawyers:

Peter Ni; Mark Gao; Hengka (Henry) Ji; Ashley Hu; Sakura Ji; Xin (Amber) Guan


Testimonials

‘Zhong Lun’s legal team is very well-known in the industry, and there are relatively few lawyers with wealth planning and tax knowledge in the market. Therefore, they are my preferred partners within China.’

‘Based on my many cooperations with Mark Gao, he is very professional, can give feedback quickly and provides practical solutions. Compared with other lawyers, Gao has a very high emotional intelligence, is good at communication and expression, and can gain the trust of clients in a short period of time.’

‘Professional, timely, understand the underlying needs and confusions and provide practical solutions. Peter Ni is highly recommended! He maintains constant communication.’

‘Peter Ni is very professional, familiar with domestic and foreign laws and regulations, and formulates appropriate solutions to match the needs of customers.’

‘The team is very familiar with and experienced in charity law and laws related to charities, and can provide very complete and practical legal advice.’

‘With regard to laws and regulations in the field of charity and foreign affairs, Hengka (Henry) Ji’s analysis and services exceed the professionalism and rigour of other law firms. He can give advice in both theoretical and practical areas.’

‘Zhong Lun has very sophisticated lawyers and they are capable of advising high net worth clients on complex private wealth matters.’

‘Mark Gao has extensive experience handling tax and wealth planning matters for high-net-worth clients. He is brilliant and always puts the client first.’

Work highlights


  • Advised DBS Bank Ltd on providing legal and tax consulting services to ad-hoc queries.
  • Advised Mishcon de Reya LLP and its clients on various cross-border family succession and tax planning issues, including, utilizing various wealth management tools such as trust, real estate fund, single family office for cross-border wealth succession; and advise on the personal and corporate tax compliance, design cross-border tax structure to reduce tax burden involved in the succession process.
  • Advised the UNHCR on the legal framework, feasibility, and key issues in implementing a Gifts in Wills Program in China. The analysis involves examining the laws and regulations relevant to Wills, testamentary trust, the family law, the property law, tax on succession, and relevant non- profit laws to address issues involved in implementing the program in China and the legal and security compliance requirement for non-profit operating in China.

AllBright Law Offices

AllBright Law Offices is renowned for its non-litigation expertise in marriage and family affairs, family dispute resolution, family trust and wealth management, inheritance, and family enterprise management. The firm’s services extend to clients with cross-border needs, including cross-border marriage consultation, planning, and inheritance, covering jurisdictions such as the US, UK, Japan, Singapore and Hong Kong. Its client base spans various high-net-worth groups, including actual controllers, chairmen, and executives of listed companies, as well as insurance companies, banks, and other institutions. Xuanling Guo, head of the private wealth team, specialises in marriage, inheritance and family dispute resolution, as well as family wealth management and inheritance business. Xianming Li’s primary focus lies in wealth management and financial trust business, while Han Zhang is an expert in asset management, family wealth management, and trusts. Qing Fang stands out for her expertise in non-litigation marriage and family matters, resolution of major and complex family disputes, family wealth management and inheritance.

Practice head(s):

Xuanling Guo


Other key lawyers:

Xianming Li; Han Zhang; Qing Fang


Key clients

Shenzhen Branch of China CITIC Bank Co., Ltd


Nanyang Commercial Bank


Qianhai Life Insurance Co., Ltd


ShineWing Certified Public Accountants


Kunlun Trust Co., Ltd


Shanghai International Trust Co., Ltd


Kunlun Trust Co., Ltd


Hunan Caixin Trust Co., Ltd


Minmetals International Trust Co., Ltd


Work highlights


Dacheng Law Offices

Dacheng Law Offices is recognised for its extensive experience in wealth management, encompassing areas from family trusts to international tax regulations and private banking. The firm offers comprehensive services in family and corporate wealth preservation and inheritance, especially for Chinese banks, financial institutions, and ultra-high-net-worth clients both within and outside of China. The practice, co-led by Jacky Wang, Lijun Huang, Naidong (Michael) Ma, Jing Xue, Jun Zhang and Xiaochu Zhang, offers a wide spectrum of specialised services. Huang is an expert in family wealth inheritance, asset isolation, and second-generation enterprise inheritance planning, with proficiency in marriage wealth protection and family trust consultancy. Ma focuses on global wealth management and inheritance including thorough due diligence investigations of marriage property worldwide, as well as expert arrangements for wealth inheritance. Xue offers innovative services including family trust, family business governance, and equity inheritance, while Jun Zhang excels in family governance, ownership restructuring, and both onshore and offshore family trust planning. Xiaochu Zhang’s forte is representing Chinese tycoons and major financial institutions, especially in planning cross-border assets and inheritance.

Practice head(s):

Jacky Wang; Lijun Huang; Naidong (Michael) Ma; Jing Xue; Jun Zhang; Xiaochu Zhang


Other key lawyers:

Chuan Xu; Sean Wang; Huimin Zhang; Septima Li; Yifan Lai


Testimonials

‘Naidong (Michael) Ma was able to organise in an orderly manner various messy details, and his communication skills were very strong! He has a strong will, a clear mind and a calm manner.

‘Partners Lijun Huang, Huimin Zhang, Jun Zhang, and Yifan Lai provided professional quality services with outstanding communication.’

‘In my opinion, in the field of wealth management, the service ability and professionalism of the team are top-notch in China. They are leading, and able to fully respond to the different demands of customers based on environmental changes. In the field of family wealth management, the team satisfies customers’ demands through systematic, overall solutions instead of only solving single points.’

Work highlights


  • Served as the perennial legal counsel for the 1929 family office and Beijing branch of Taiping Life Insurance Co., Ltd., and provided legal and tax training and high-customer consulting services for many branches across the country.
  • Provides full range of litigation and non-litigation legal services for divorce disputes between spouses of well-known persons.
  • Provide legal services on the delisted overseas corporate structure demolishing and plan implementation for real estate companies listed on New York Stock Exchange, and complete the family wealth inheritance planning and arrangement for actual controllers on that basis.

Haiwen & Partners

Specialising in cross-border private wealth management, Haiwen & Partners is notable for its expertise in offshore trust matters. With a focus on holistic wealth planning, the practice employs a diverse range of planning tools to craft tailored solutions for clients, including PRC onshore trusts, wills, pre-nuptial and post-nuptial agreements, and nominee holding arrangements. The firm has also increasingly ventured into charitable trust projects to support clients’ philanthropic efforts. Leading the department is Han Bao, a seasoned advisor to high-profile Chinese business owners and foreign investors with significant interests in China. Her extensive experience covers the full spectrum of family trust projects, from establishment to restructuring and termination, covering diverse jurisdictions including Hong Kong, Singapore, and the Cayman Islands. Huijuan Sun complements the team by delivering advice to private clients in both contentious and non-contentious inheritance and matrimonial matters.

Practice head(s):

Han Bao


Testimonials

‘The Haiwen team is very experienced in offshore family trusts. They are particularly strong in handling complex cross-border matters. They provide bespoke and practical advice to clients. Their work is of consistently high quality.’

‘Han Bao is a well-known expert in offshore family trusts. She is very knowledgeable and reliable. She is good at leading complex projects involving multiple jurisdictions. She cares deeply about clients and is a pleasant person to work with.’

Work highlights


King & Wood Mallesons

King & Wood Mallesons delivers a robust suite of legal services to high-net-worth individuals and families from China. Spanning various areas such as marriage, taxation, and contentious matters, the firm’s comprehensive offerings encompass investment management, succession planning, charitable planning, and tax planning, among others. Leading the team is Hui Wang, whose experience includes assisting family enterprises with structuring wealth security and inheritance, establishing family offices and funds, and formulating family charters. Hui Feng brings a wealth of expertise in marriage and family inheritance, particularly in family assets management, marriage crisis response, and inheritance disputes. Peng Wu stands out in litigation and arbitration related to family and private wealth, handling cases concerning divorce, inheritance, and property distribution disputes. Hui Zheng provides valuable insights into cross-border family wealth management, with experience in setting up trust structures for global assets and resolving trust-related disputes, while Yongqing (Bill) Ye aids high-net-worth individuals in planning and managing their wealth by providing tax advice.

Practice head(s):

Hui Wang


Other key lawyers:

Hui Feng; Peng Wu; Hui Zheng; Daisy Duan; Yongqing (Bill) Ye


Testimonials

‘In my opinion, the biggest advantage of the KWM private wealth team lies in its ability to integrate resources, meet customer needs in multiple ways, and provide integrated services. For example, the team is very experienced in the capital market and can meet clients’ wealth inheritance needs while complying with the laws and regulations of the securities market. In addition, as a global law firm, KWM also has advantages in cross-border business.

‘Hui Wang is very good.

‘The team is proficient in legal compliance requirements and various front-line tax practices. They have performed well and provided high-value legal services for our core executives, which impressed our company deeply.

Key clients

AIA Life Insurance Co., Ltd. (AIA China)


CCB Trust Co., Ltd.


CITIC Trust Co., Ltd.


Work highlights


DeHeng Law Offices

DeHeng Law Offices’ wide range of private wealth practice areas spans trust, insurance, family wealth management, and corporate governance. The department is led by Weifeng Guo, who specialises in services such as family office establishment, domestic and overseas trust creation, and global identity planning. He also assists clients with immigration asset arrangements and marriage inheritance matters. Qi Cao brings his expertise in equity funds, corporate securities, mergers and acquisitions, and corporate governance to the table, serving high-net-worth clients. Counsel Jiaji Du adds experience in regulatory policy and legal due diligence to the firm’s offerings.

Practice head(s):

Weifeng Guo


Other key lawyers:

Qi Cao; Jiaji Du


Key clients

HT Capital


Beijing Air Business Investment Management Co., Ltd./Air Business College (北京空中商学投资管理有限公司/空中商学院)


CITIC Trust Co., Ltd.


Work highlights


  • Advised HT Capital on a series of domestic and overseas investments, with accumulated investment value over 20 billion RMB.
  • Advised Beijing Air Business Investment Management Co., Ltd. on a series of domestic and overseas investments as well as its daily operation, with accumulated investment value over 1 billion RMB.
  • Advised CITIC Trust Co., Ltd. on the establishment of multiple family office and investment platforms, provided a series of family business, family office and wealth management services including the creation of many family charters, family funds and so on.

Global Law Office

Global Law Office offers comprehensive wealth management services, spanning marital wealth planning, family wealth inheritance, tax planning, insurance and more. The practice is under the joint leadership of Feng Sheng, Jerry Liu, Jun Qian, Shino Hu, and Tim Yimin Liu. Sheng specialises in asset protection, transfer, and inheritance, offering planning and audit optimisation for high-net-worth individuals and shareholders. Jerry Liu’s expertise lies in investment and dispute resolution, while Qian’s background in finance and taxation complements the team’s offerings. Tim Yimin Liu supports insurance clients with his insurance and dispute resolution expertise.

Practice head(s):

Feng Sheng; Jerry Liu; Jun Qian; Shino Hu; Tim Yimin Liu


Testimonials

‘The members of the team have extensive knowledge backgrounds, solid legal foundation, and are familiar with the rules of the financial regulatory system. The team can always provide the most precise and efficient solutions based on our actual needs. The lawyers are not only professional and highly dedicated but also have won unanimous praise from all parties for their excellent character quality and high sense of responsibility.’

‘Feng Sheng has experience in insurance supervision, communicated smoothly with us when dealing with difficult legal issues and proposed creative solutions. What’s even more rare is that Sheng always puts the needs of clients first, and can always efficiently respond to our demands no matter when and where.’

Key clients

Taiyangchuanshi Family Office with Taiping Life Insurance Company


China Will Registration Center


Dajia Health Pension Industry Investment Management Co., Ltd.


ABC Wealth


Work highlights


  • Advised ABC Wealth on the Preparation of Wealth Management Joint Venture.
  • Advised CITIC Trust and Dajia Health Pension Industry Investment Management Co., Ltd. on landing the first Community Direct Payment Service Pension Trust.
  • Assisted Taiping Life Insurance Company with setting up the Taiyangchuanshi Family Office, which is the first Family Office set up by a large state-owned life insurance company in China.

Han Kun Law Offices

The private wealth expertise of Han Kun Law Offices covers both contentious and non-contentious issues, with a special focus on estate planning, matrimonial and inheritance disputes, philanthropy, and immigration. At the helm of the practice is Han (Antonio) Chen, whose reach spans private banks, trustee companies, asset management firms, and investment advisors, offering them valuable insights into family trusts, family offices, and comprehensive wealth planning. Jing Shen focuses on tax advisory related to family wealth planning, while Dongni Jiang’s expertise offers expertise in individual income tax planning related to stock incentives, family trust designs, and private wealth management.

Practice head(s):

Han (Antonio) Chen


Other key lawyers:

Jing Shen; Dongni Jiang; Huiyi Song


Testimonials

‘They can collaborate with upstream and downstream wealth management service providers.’

Work highlights


JunZeJun Law Offices

JunZeJun Law Offices provides a full range of family wealth management and inheritance services for high-net-worth customers, including equity top-level design, family trust establishment, family tax planning, and family property heritage planning. The private wealth practice is led by Xiangchun Zhong, a financial asset management, family wealth management, and dispute resolution expert, and Yinan Zhang. Xiuxiu Liang specialises in traditional trust business, asset management, private equity and family trust, and Haizhou Huang provides family wealth and asset planning legal services such as will inheritance, domestic and overseas asset planning and design, and living trusts.

Practice head(s):

Xiangchun Zhong; Yinan Zhang


Other key lawyers:

Xiuxiu Liang; Haizhou Huang


Testimonials

‘Partners Xiangchun Zhong and Xiuxiu Liang are the first lawyers in China to conduct business in the fields of private wealth, family wealth management, and family trusts. They have rich experience and are capable of providing innovative business solutions and proposals for new businesses. Zhong and Liang are highly educated and experienced; the fees are reasonable and competitive.’

‘Good quality of legal professionalism; high work efficiency; quick response; strong business ability. Can provide reasonable solutions from a professional point of view.’

Work highlights


  • Provided family trust legal services with wealth management and inheritance as the core concept for Foreland Wealth Management Co., Ltd.
  • Advised on the establishment of Shandong Trust-Deshan Qijia No. 101 Wealth Heritage Property Trust.
  • Provided stable operation and risk prevention and control solutions for the actual beneficial owner of Optima Integration Group.

Merits & Tree Law Offices

Merits & Tree Law Offices represents clients on both non-contentious and dispute resolution cases, particularly those involving domestic and overseas family trusts, family affairs, and private wealth management for cross-border families. The firm’s specialties also include complex family dispute resolution and data compliance in the wealth management area, and its client base spans high-net-worth individuals, trust companies, banks, and insurance companies. Steering the practice are Fangfei Ouyang, Chunjie Zheng, and Kailun Li. Ouyang focuses on family law and private wealth, with a particular emphasis on both traditional and innovative family trusts. Zheng specialises in dispute resolution, offering expertise in marriage and inheritance, equity succession, wealth management, and family business governance. Li complements the team with experience in banking and finance.

Practice head(s):

Fangfei Ouyang; Chunjie Zheng; Kailun Li


Other key lawyers:

Lu Zhou; Xinghan Wu


Testimonials

‘Experienced personnel, high quality of non-litigation documents, fast delivery of documents, and rapid feedback on changes in cutting-edge wealth management and family trust policies.’

‘Fangfei Ouyang, Xinghan Wu and Lu Zhou are outstanding partners. Reasons: extremely high response speed, sufficient experience in innovative and complex business fields, and high-quality documents.’

Key clients

Minmetals International Trust Co., Ltd 五矿国际信托有限公司


Everbright Xinglong Trust Co., Ltd. 光大兴陇信托有限责任公司


Kunlun Trust Co., Ltd 昆仑信托有限责任公司


Beijing International Trust Co., Ltd 北京国际信托有限公司


SDIC Taikang Trust Co., Ltd. 国投泰康信托有限公司


CITIC Trust Co., Ltd. 中信信托有限责任公司


China Industrial International Trust Limited 兴业国际信托有限公司


Jiangsu International Trust Corporation Limited 江苏省国际信托有限责任公司


Qingdao CreditEase Family Office Co., Ltd. 青岛宜信家族办公室有限公司


China Industrial Bank 兴业银行股份有限公司


China Credit Trust Co., Ltd. 中诚信托有限责任公司


Shanghai Trust 上海国际信托有限公司


Taikang Insurance Group 泰康保险集团


JIC Trust Co., Ltd. 中建投信托有限责任公司


China Jingu International Trust Co.,Ltd 中国金谷国际信托有限责任公司


Work highlights


  • Advised Taikang Insurance Group on the establishment of the business model involving the direct payment of senior care expenses from a life insurance trust.
  • Advised China Credit trust Co., Ltd on the establishment of the “Caring for Star-Children” series special needs service trust.
  • Advised China Industrial International Trust Limited on the “CIIT -Cang Long (藏珑)” series family service trust product design and app online sale compliance.

Shanghai Hairuo Partners

The boutique firm Shanghai Hairuo Partners specialises in family and private wealth management, providing legal services to clients in the areas of family wealth inheritance planning, cross-border asset allocation, corporate equity structure planning and family trust, as well as complex family dispute resolution. The practice is led by founding partner Weiyi Wu, who brings rich litigation experience, including knowledge in marriage and inheritance disputes. Shanjing Lu focuses on civil and commercial dispute resolution as well as family and private wealth management, with expertise in complex cross-border matrimonial and succession litigation, cross-border premarital estate planning, trust and enterprise governance.

Practice head(s):

Weiyi Wu


Other key lawyers:

Shanjing Lu; Feier Gu


Testimonials

‘Shanghai Hairuo Law Firm has long been focusing on the field of private wealth legal services, including the inheritance and protection of family wealth, the governance of family businesses, and tax planning. They can comprehensively use various inheritance tools to solve and effectively avoid many wealth management problems. The team can accurately understand the demands and intentions of high-net-worth individuals and provide high-quality legal services.

‘Weiyi Wu has been in the business for more than ten years, and has a solid legal foundation and rich practical experience in the field of private and family wealth inheritance and protection. He has a solid cooperative relationship with domestic and foreign financial institutions and can provide a full range of services. Working with him is very pleasant and smooth, and I trust him with handling family wealth management matters.’

Key clients

Mr. Wu


Work highlights


  • Represented Mr. Wu in a RMB 4mln succession litigation.

Yingke Law Firm

Yingke Law Firm’s private wealth offering covers a broad spectrum of areas including marriage, inheritance, insurance, trust, tax planning, and equity structure. The practice’s capabilities extend to cross-border private wealth management and property isolation, as well as private wealth litigation and dispute resolution. Qin Du leads the practice, bringing expertise in dispute resolution, wealth management, and inheritance planning and implementation. Wei Li adds experience in the establishment and implementation of family trusts, along with knowledge in wealth planning inheritance, while Xi Chen hones his focus on equity family trusts, family business equity inheritance and reorganization, equity incentives, fiscal and taxation review, and dispute resolution related to private wealth. Meanwhile, Xiaojing Cao is adept at handling family wealth management and inheritance matters including family business governance and planning.

Practice head(s):

Qin Du


Other key lawyers:

Wei Li; Xi Chen; Xiaojing Cao


Testimonials

‘Xiaojing Cao’s family wealth and inheritance department is very professional, has strong professional theoretical knowledge in family asset planning and isolation, company equity structure design etc., has rich experience in handling cases, and can calmly deal with complex cases. Yingke Law Firm is a large-scale law firm that can provide customers with comprehensive and professional legal services.’

‘They can provide professional solutions according to customer needs.’

‘Xi Chen has strong professionalism, vivid and interesting stories and cases, and excellent customer feedback.’

Key clients

CICC Wealth Management Global Family Office


Hebei Construction Group Corp., Ltd.


Accounting Qualification Evaluation Center of the Ministry of Finance


Beijing Xifu Cultural Development Center


Chimi Wine (Beijing) Co., Ltd.


Industrial and Commercial Bank of China Sichuan Branch


ICBC-AXA Life Insurance Co., Ltd.


China Merchants Cigna Life Insurance Co., Ltd.


CITIC Prudential Life Insurance Co., Ltd. Sichuan Branch


Bank of China Samsung Life Insurance Co., Ltd. Sichuan Branch


Bank of China Samsung Life Insurance Co., Ltd. Guangdong Branch


Work highlights


  • Assisted Ms. Ji with planning for the arrangement of her assets worth CNY 60mln.
  • Assisted Hidemi Tanaka with ensuring the integrity and inheritance of family wealth through the resolution of several disputes. The assets involved amounted to CNY 50mln.
  • Assisted Director Z, the founder and majority shareholder of a listed company, with establishing the family equity trust.