Establishing a Single Family Office in Hong Kong

Single Family Office in Hong Kong

Hong Kong has emerged as Asia's leading hub for Single Family Offices (SFOs), offering a robust financial ecosystem, strategic access to Mainland China, and a favourable tax regime. At Zetland Fiduciary Group, we guide Ultra High Net Worth (UHNW) families through every step of establishing and managing their SFO, ensuring compliance, efficiency, and long-term legacy planning.

Discover how to set up a Single Family Office (SFO) in Hong Kong with Zetland Fiduciary Group. Learn about legal structures, tax advantages, and why Hong Kong is one of Asia's top choices for UHNW families.

What Is a Single Family Office (SFO)?

An SFO is a private entity that manages the financial and personal affairs of one family. It centralises wealth management, succession planning, legal and tax advisory, philanthropy, and concierge services.

Why Hong Kong?

  • As of mid-2025, Hong Kong is projected to reach 3,000 Single Family Offices (SFOs), according to the Financial Services and the Treasury Bureau.
  • No capital gains, estate, or dividend tax
  • New tax concessions under the Inland Revenue (Amendment) Bill 2022
  • Fast-track residency via the Capital Investment Entrant Scheme (CIES)
  • Access to Greater Bay Area and Mainland China markets

Legal Structure

  • Typically a Hong Kong private limited company
  • May include Family Investment Holding Vehicles (FIHVs) and trusts
  • No SFC licensing required if serving only one family

Tax Advantages

  • 0% profits tax on qualifying transactions for FIHVs
  • Territorial tax system: foreign-sourced income is generally not taxable
  • Low corporate tax rates (8.25%-16.5%)

Key Requirements

  • Minimum HKD 240 million in assets under management
  • At least 2 full-time investment professionals (can be family members)
  • Minimum HKD 2 million in annual operating expenditure
  • 95% beneficial ownership by the family (or 75% with charitable involvement)

Zetland's Expertise

With decades of experience in fiduciary services, Zetland offers:

  • Incorporation and structuring of SFOs and FIHVs
  • Trust and succession planning
  • Payroll, tax filing, and visa support
  • Ongoing compliance and governance advisory
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