23rd September 2022: Greater Bay Area Legal Seminar on Trusts and Family Succession Planning
Mr. Henry Wai, the Vice-Chairman of the Greater China Legal Affairs Committee of the Law Society of Hong Kong, on behalf of the Law Society of Hong Kong, gave a speech on “Family Offices, Limited Partnership Funds, and Family Succession Planning” in the Greater Bay Area Legal Seminar on 23rd September 2022, where Mr. Wai addressed on the following topics:-
What are family offices
Structure of family offices
Structure and tools family offices use to hold assets
Major provisions of the Limited Partnership Fund Ordinance (Cap. 637)
Registration of limited partnership funds
Operation of limited partnership funds
Structure of limited partnership funds in Hong Kong
Redomiciling funds to Hong Kong
Benefits of setting up limited partnership funds in Hong Kong
Preferential policies as to family offices in Hong Kong
Preconditions for tax concessions for family-owned
investment holding vehicle
The FamilyOfficeHK set up by the InvestHK
Advantages of Hong Kong as a wealth management
hub
