47 results found

Significant economic growth in Asia has contributed to a meteoric rise of high net worth individuals in the region and private wealth is also expected to almost double in value...

Following the new Trust or Company Service Provider regime we're pleased to have been granted a TCSP License in Hong Kong.

The Securities and Futures Commission of Hong Kong (SFC) has on 2 November 2023 issued guidance for the tokenisation of investment products authorised by it for offer to the public in Hong Kong...

In today's complex wealth landscape, Private Trust Companies (PTCs) remain a popular tool for high-net-worth individuals and families seeking bespoke and sophisticated solutions...

Asian family offices have increased significantly in number, and they come in a wide range of sizes and shapes.

Trusts have long been used by high net worth individuals in Hong Kong as an estate planning, tax planning and asset protection tool.

Never content to be left out of the competition for wealth management of ultra-high-net-worth families from Singapore and Dubai, Hong Kong recently enacted a new tax concession regime ...

The celebrated Chinese restaurant chain entrepreneur's legal trouble stemmed from sale of her founder stake in the multi-billion RMB valued South Beauty Group to CVC Capital...

Trusts have long been used by high net worth individuals in Hong Kong as an estate planning, tax planning and asset protection tool.

The PRC Ministry of Finance and State Taxation Administration have issued a groundbreaking announcement imposing individual income tax on offshore trusts with Chinese connections, treating them as tax transparent structures. This regime creates tax triggers throughout the trust lifecycle and includes a critical 90-day transitional filing window for existing structures. Affected individuals with offshore trusts connected to PRC residents or assets must urgently assess their compliance obligations under this

The ground-breaking English High Court decision JSC Mezhdunarodniy Promyshlenniy Bank v Pugachev [2017] has potentially introduced the concept of an "illusory trust", a rather different concept...

In a judgment delivered on 22 November 2019, the Hong Kong Court of Final Appeal has determined the extent to which ‘anti-Bartlett' clauses commonly found in trust instruments are effective

Every family is different, not just in terms of the dynamics of its constituent members, but in terms of its accumulated wealth, investments, real estate, or any underlying operating businesses.

This article brings to light the necessity for tightening controls for corporate service providers and trust management companies in Hong Kong.

Hong Kong has the lowest home ownership rate in the world, and the average home in the city costs as much as the average family earns in 16.7 years.

A letter of wishes expresses the wishes of a settlor as to what the trustee should do in relation to particular matters.

As the conflict is a family matter, family members can be involved in various ways, either voluntarily or otherwise. So too can relevant corporations and trusts. If necessary, such parties can be joined as parties to the action.