Hong Kong to expand tax exemptions for family offices, AIIB and pension fund investment

South China Morning PostEN 2 min read 100% complete by Enoch YiuMarch 2, 2026 at 09:21 AM

AI Summary

short article 2 min

Hong Kong plans to expand tax exemptions for family offices and funds managed by international organizations like the AIIB to bolster its position as a wealth management hub. The government will submit a bill in the first half of the year to the Legislative Council to broaden the range of eligible investments for tax exemption, including private credit, gold, carbon credits, and digital assets, beyond traditional stocks and bonds. The proposed law will also extend exemptions to charity funds, pension funds, and fund-of-one structures established by international organizations, requiring these structures to hold at least HK$240 million in qualified assets. Secretary for Financial Services and the Treasury, Christopher Hui Ching-yu, stated that these enhancements aim to attract more funds and family offices to Hong Kong, supporting its development in areas like digital assets and commodities trading.

Key Entities & Roles

Key Player Opposition Context

Christopher Hui Ching-yu 60% Asian Infrastructure Investment Bank (AIIB) 70% Hong Kong ×280%

Keywords

tax exemptions 100% family offices 90% wealth management hub 80% investment products 70% pension funds 60% digital assets 60% hong kong 50% fund-of-one 50% aiib 40%