The Hong Kong government plans to enhance the preferential tax regime for funds and family offices to attract more entities in the city, The Standard reported Monday, citing Secretary for Financial Services and the Treasury Christopher Hui Ching-yu said.
An amendment bill into the Legislative Council is expected in the first half of 2026 and could include a number of improvements, including broadening the definition of funds to cover retirement funds, endowment funds and certain single-investor funds, the report said.
It could also relax tax exemption arrangements for specified entities and expand the scope of qualifying investments, according to The Standard.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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