Establishing a Multi-Family Office in Hong Kong
Hong Kong is rapidly becoming Asia's leading destination for Multi-Family Offices (MFOs), offering a sophisticated financial ecosystem, strategic access to Mainland China, and a competitive tax regime. At Zetland Fiduciary Group HK, we provide tailored solutions for Ultra High Net Worth (UHNW) families seeking to pool resources, streamline operations, and preserve wealth across generations.
Learn how to set up a Multi-Family Office (MFO) in Hong Kong with Zetland. Explore legal structures, licensing, tax advantages, and why Hong Kong is Asia's top choice for UHNW families.
What Is a Multi-Family Office (MFO)?
An MFO is a professional wealth management firm that serves multiple UHNW families. It centralises services such as investment advisory, tax planning, estate structuring, philanthropy, and concierge support—delivering economies of scale and institutional-grade expertise.
- Typically structured as a Hong Kong private limited company
- May require SFC licensing under the Securities and Futures Ordinance (SFO):
- Type 1: Dealing in securities
- Type 4: Advising on securities
- Type 9: Asset management
- Can include Family Investment Holding Vehicles (FIHVs) and Special Purpose Entities (SPEs)
- Two-tier profits tax system:
- First HKD 2 million taxed at 8.25%
- Remaining profits taxed at 16.5%
- No capital gains, dividend, estate, or withholding tax
- Tax concessions available for qualifying FIHVs managed by family office
- Cost efficiency through shared infrastructure
- Access to professional expertise across legal, tax, and investment domains
- Scalability for growing family needs
- Privacy and governance tailored to each family's values
- Residency support via schemes like QMAS and Capital Investment Entrant Scheme
Zetland's MFO Services
- Incorporation and licensing support
- Investment structuring and compliance
- Trust and estate planning
- Tax advisory and reporting
- Immigration and concierge services