Zhong Lun Law Firm has a strong reputation for advising multinational clients and business funds from across a variety of industries in relation to tax advisory and wealth planning matters. It offers expertise in cross-border tax matters, as well as in disputes arising from cross-border investment and transactions. It also specialises in wealth planning for ultra-high-net-worth individuals and families. 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 has extensive experience in international tax matters, including in the US. Mark Gao has expertise in domestic and offshore family trusts, employee benefit trusts and cross-border inheritance matters, whilst Hengka Ji focuses on international tax and transaction tax cases, including tax planning and compliance, tax-efficient structuring, and tax disputes.
Private wealth: PRC firms in China
Zhong Lun Law Firm
Yunxiang Guan; Fei Wang; Mingjun Jia
Other key lawyers:
Peter Ni; Mark Gao; Hengka Ji
‘Zhong Lun’s private wealth team has always been able to provide succinct and clear advice in navigating the PRC tax and legal landscape. They are able to provide definitive views on often grey areas of regulations and laws, and have also been able to provide guidance on the optimal ways to advise high-net-worth families in their wealth planning strategies.’
‘Hengka Ji is decisive, clear and highly efficient in his deliverables.’
‘A strong private client team for PRC tax and legal issues concerning the will, trust and estate matters.’
‘Peter Ni and his team are responsive and very capable at identifying and resolving issues, often thinking outside the box.’
‘Zhong Lun provides well-rounded services and they always develop customized solutions to match clients’ needs. They work seamlessly with other teams specializing in practice areas such as corporate matters, capital markets, labour, and dispute resolution when necessary. They collaborate with professional service agencies in private client practices from overseas countries and regions.’
‘Mark Gao has extensive experience in providing legal services of wealth planning to ultra-high-net-worth individuals, especially in domestic and offshore family trusts, employee benefit trusts, and cross-border inheritance. He has a breadth of knowledge in the planning and administration of substantial and complex trusts and estates, and his expertise in tax law matters sets him apart from his competitors.’
‘Mark Gao is a complete all-rounder who has an excellent rapport with clients.’
The Office of the United Nations High Commissioner for Refugees
DBS BANK LTD
Henley & Partners Hong Kong Ltd
AllBright Law Offices
AllBright Law Offices offers expertise across a range of private wealth matters, primarily focusing on non-litigious marriage and family affairs, family trust, family wealth management, inheritance business, and family enterprise management business. It also frequently acts for banks and insurance companies, providing wealth inheritance advice to their high-net-worth clients. The team is also experienced in advising on cross-border marriage consultation and planning, with expertise across a variety of jurisdictions including the US, UK, Japan, Singapore, and Hong Kong. Xianming Li heads the practice, specialising in wealth management and financial trust matters. Xuanling Guo focuses on marriage, inheritance and contentious family matters, whilst Han Zhang provides additional expertise in the family trust, testamentary trust, charitable trust planning and establishment matters.
Other key lawyers:
Xuanling Guo; Han Zhang
Ping An Bank Co. Ltd
China Merchants Bank Co. Ltd
Bank of China Limited
Qianhai Life Insurance Co. Ltd
China Ping An Life Insurance Co. Ltd
Bocom International Trust Co. Ltd
Shanghai International Trust Co. Ltd
Kunlun Trust Co. Ltd
Zhongyuan Trust Co. Ltd
Huaneng Guicheng Trust Co. Ltd
Lujiazui International Trust Co. Ltd
The private wealth team at Dentons China handles a variety of matters for private banks, trust companies, insurance companies, and wealth management agencies. It is also well adept in advising high-net-worth individuals on cross-jurisdictional matters, and it has seen increased growth in inheritance planning work. The team is co-led by Jun Zhang, who has extensive expertise in family wealth management, family trust and charitable trust business, alongside Lingli Xie. Naidong Ma leads the Shanghai branch, focusing on family disputes for ultra-high-net-worth clients as well as providing wealth protection and inheritance advice. Meanwhile, Xiaochu Zhang is experienced in family enterprise governance and family business succession planning, as well as in cross-border matters.
Jun Zhang; Lingli Xie
Other key lawyers:
Naidong Ma; Xiaozhu Zhang; Hu Wan
‘Very professional, efficient, knowledgeable.’
‘Top-notch strategy. Knowledgeable and internationally connected, knows in-depth cross-border legal mechanisms.’
‘Very professional team. Knowledgeable and friendly.’
‘Hu Wan responds quickly to client’s needs and uses language which allows the client to understand clearly.’
China CITIC Bank
China CITIC Trust Company
Haiwen & Partners
Haiwen & Partners’ private wealth practice is experienced in advising on domestic succession and matrimonial matters, though it has particular expertise in offshore trust matters acting for PRC clients. The team is led by Han Bao, who recently joined from Zhong Lun Law Firm, and advises high-net-worth individuals and both Chinese and international financial institutions on a range of private wealth matters. Bao also has significant experience acting on cross-border matters and is qualified both in PRC law and in the US.
‘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 and cares deeply about clients.’
King & Wood Mallesons
King & Wood Mallesons has a comprehensive private wealth offering and is particularly active in family wealth management and inheritance cases. It regularly acts for high-net-worth individuals, shareholders and family investment trusts in a range of matters, including investment management and restructuring, succession planning, wealth protection, tax planning and family disputes. Wang Hui leads the team, specialising in family wealth management and inheritance, with additional experience in domestic and overseas listings and financing. Daisy Duan is experienced in providing tax advice for enterprises and individuals, whilst Hui Zheng has expertise in cross-border family wealth management projects. Peng Wu focuses on disputes pertaining to marriage and family wealth issues.
Other key lawyers:
Daisy Duan; Hui Zheng; Peng Wu; Han Yang; Mengke He
‘The team led by Hui Zheng is able to provide a one-stop shop service to PRC clients who wish to have their businesses listed in China, or overseas in either Hong Kong or the US using an offshore structure, as well as setup of an offshore trust for asset protection and succession planning.’
‘The team has good experience in dealing with matters concerning UK and US.’
‘Hui Zheng’s expertise in handling cross-border transactions, internal personal taxes and wealth planning issues stands out from other PRC wealth planning advisers.’
‘Mengke He is a credible private client lawyer with ample experience in advising clients setting up offshore trusts.’
Yingke Law Firm
Yingke Law Firm provides an integrated service for private clients, acting on a range of private wealth matters, including domestic and cross-border private wealth risk management and property isolation, wealth planning and directional inheritance, equity inheritance dispute resolution, and family trust matters. The team is led by Wei Li who has a strong reputation in advising on family trust and wealth protection inheritance planning matters, and is further supported by Qin Du and Xiaojing Cao, who specialises in family litigation and family business management and planning, respectively. Xi Chen is particularly active in corporate equity inheritance, corporate equity incentives and equity family trust matters.
Other key lawyers:
Qin Du; Xiaojing Cao; Xi Chen
CICC Wealth Management
CITIC-Prudential Life Insurance
National Accounting Evaluation Center of Ministry of Finance of the PRC
ICBC AXA Life Insurance Co., Ltd.
Da Cheng International Asset Management Co., Ltd.
- Advising a client as the majority shareholder of the company, on setting up a family trust over the shares held by the family and providing a solution to the family governance and multi-generational succession.
- Advising a client on filing a lawsuit regarding an inheritance scheme, with a view to protect the integrity and inheritability of the family wealth.
- Advising a client on the distribution of his assets.
DeHeng Law Offices
DeHeng Law Offices’ private wealth practice is led by Weifeng Guo, who has significant experience in advising domestic family members and family offices in private wealth management matters. The team advises on a variety of matters, including family office establishment and operation, domestic and overseas trust establishment, private tax planning, asset allocation, and marriage inheritance.
Other key lawyers:
Qi Cao; Jiaji Du
Beijing Air Business Investment Management Co. Ltd./Air Business College
CITIC Trust Co. Ltd.
- Advised HT Capital on a series of domestic and overseas investments, with an accumulated investment value of over RMB20bn.
- Advised Beijing Air Business Investment Management Co., Ltd. on a series of domestic and overseas investments as well as its daily operation, with an accumulated investment value of over RMB1bn.
- Advised CITIC Trust Co. Ltd. on the establishment of multiple family office and investment platforms, and provided a series of family business, family office and wealth management services including the creation of many family charters and family funds.
Global Law Office
With its international expertise, Global Law Office is particularly adept at handling cross-border tax issues for high-net-worth individuals. More broadly, the practice advises on matrimonial and inheritance disputes, as well as property distribution planning, family trust and insurance planning and inheritance matters. Feng Sheng co-leads the practice, specialising in wealth management and private client tax planning, alongside Jerry Liu and Jun Qian who are both experienced in investment-related matters and dispute resolution.
Feng Sheng; Jerry Liu; Jun Qian
Taiyangchuanshi Family Office with Taiping Life Insurance Company
China Will Registration Center
- Established the Taiyangchuanshi Family Office with Taiping Life Insurance Company, which is the first family office set up by a large state-owned life insurance company in China.
- Advising China Will Registration Center on inheritance and providing will planning and inheritance paths for high-net-worth clients.
Han Kun Law Offices
Han Kun Law Offices handles a range of private wealth matters, including issues relating to family trusts, family offices, divorce and estate planning, with particular experience advising clients in the business community due to strong ties with the firm’s wider PE finance and capital markets departments. It is also heavily involved in advising both domestic and global private banks, trust companies, and asset management companies. Han Chen leads the team, with extensive experience in family wealth management and intergenerational inheritance matters.
Llinks Law Offices
Llinks Law Offices advises on a number of private wealth matters, primarily acting for high-net-worth individuals and families from a variety of sectors. The team is led by Steven Wang, a specialist in private wealth management, with significant experience in succession and wealth planning and assets protection for private individuals. Wang is also experienced in advising financial institutions in setting up their wealth planning business platforms, design structures and development products.
Merits & Tree Law Offices
The family law and private wealth team at Merits & Tree Law Offices advises clients on a range of contentious and non-contentious private client matters, including domestic and overseas family trust, wealth management, and family disputes. The team is co-led by Fangfei Ouyang, Chunjie Zheng, and Kailun Li. Ouyang specialises in family trust matters, Zheng focuses on dispute resolution in the area of private wealth, and Li has significant experience in family wealth management matters.
Fangfei Ouyang; Chunjie Zheng; Kailun Li
Minmetals International Trust Co., Ltd
Everbright Xinglong Trust Co., Ltd
Kunlun Trust Co., Ltd
Beijing International Trust Co., Ltd
SDIC Taikang Trust Co., Ltd
CITIC Trust Co., Ltd
China Industrial International Trust Limited
Jiangsu International Trust Corporation Limited
Qingdao CreditEase Family Office Co., Ltd
- Advising Minmetals International Trust Co., Ltd on full-series family trust projects.
- Advising Beijing International Trust Co., Ltd on full-series family trust projects.
- Advising CreditEase on civil family trust projects.