Hong Kong Family Office Incentives Gain Momentum With Wealth Push

Hong Kong family office incentives are becoming a central pillar of the city’s wealth strategy as it seeks to attract global capital and strengthen its asset management industry.

Financial Services and the Treasury Secretary Christopher Hui said enhanced tax regimes for funds, single-family offices and carried interest will be expanded to include funds-of-one and a broader range of investments from the 2025/26 assessment year.

The New Capital Investment Entrant Scheme, launched in March 2024, has received over 3,300 applications with expected investment of around HKD99bn, reflecting strong demand from high-net-worth investors.