Hong Kong family office tax push is gaining momentum as the Iran war dents Dubai’s appeal as a safe haven, prompting renewed interest from wealthy investors. Lawyers and consultants said enquiries have surged, with near-daily discussions with families considering setting up in the city. The government proposed expanding concessions to cover assets including gold, cryptocurrencies, private credit and overseas real estate, with legislation expected by June. Despite the momentum

Hong Kong family office tax exemptions could widen as authorities seek to strengthen the city’s position as a global wealth hub. Financial Services and the Treasury Secretary Christopher Hui said the government plans to expand profits-tax exemptions for eligible family offices and funds to include assets such as private credit, gold and commodities, carbon credits, insurance-linked securities and certain digital assets. The Hong Kong family office tax exemptions proposal will