Hong Kong trust formation

HK finance trust formation solutionsDespite its handover to China in 1997, Hong Kong law is based on English common law, which recognises the concept of a trust. The following information will help you determine whether a Hong Kong trust is the optimum solution to fulfill your personal and/or corporate objectives.

Advantages of trust formation in Hong Kong

  1. Trust beneficiaries enjoy 100% tax exemption on their income, provided they are non-resident;
  2. There is no requirement to register trust documents with the Hong Kong authorities;
  3. A Hong Kong trust is not required to submit audited financial statements or an annual tax return;
  4. Hong Kong is an international financial centre with a reputable, advanced legal system. Hong Kong trustees are bound by the provisions of the Trustee Ordinance.

Disadvantages of trust formation in Hong Kong

  1. A Hong Kong Trust has access to only a very limited number of double taxation agreements.

Main uses for Hong Kong trust formation

  1. To hold assets including property, bank accounts, stocks, shares, and assets of offshore companies; insurance and assurance policies and intellectual property;
  2. To protect assets from creditors.

Healy Consultants fees for trust formation in Hong Kong

Healy Consultants’ fees for assisting Clients with trust formation are US$35,000 in Year, with annual costs of US$15,000 thereafter.

Frequently asked questions

Contact us

For additional information on our trust formation services in Hong Kong, please email us at email@healyconsultants.com. Alternatively please contact our in-house country expert, Ms. Chrissi Zamora, directly:
client relationship officer - Chrissi
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