26 October 2022 Hong Kong’s Family Office Tax Concession

Oct 11, 2022

Family offices comprise a high-end subset of the private wealth management business, which has become increasingly important to the financial services industry. Hong Kong is well placed to attract the setting up of family offices with its mature and sophisticated financial markets and steady supply of skilled professionals.

To further promote the family office business, as announced by the Financial Secretary in Hong Kong’s 2022/23 Budget in February 2022, the HKSAR government had completed a consultation on a proposal to provide tax concession for family-owned investment holding vehicles (‘FIHVs’) managed by single family offices (‘SFOs’) in Hong Kong in April 2022. The HKSAR government is now undergoing the legislative process. It is expected that proposed tax concession should take effect from the year of assessment commencing 1 April 2022 retrospectively.

In this webinar, our speakers will share their insights and observations on family office.

Highlights of the Webinar · Introduction of family office · Overview of the proposed Family Office Tax Concession · Insights about the environment for family office set-up in HK and Singapore

Event Details Date: 26 October 2022 (Wednesday) Time: 7:00 pm – 8:30 pm Channel: Zoom webinar Fee: $100 for AWAHK members; $150 for non-members CPD: 1.5 hours Language: Cantonese

Speakers Wise Lam - Partner, Private Client Services, PwC Tax Alan Ng – Senior Manager, PwC Tax

For registration, please click HERE