PUBLICATION & INSIGHTS

Last updated: 3 March 2026 Most “fund formation” pain is not legal theory. It’s execution. The structure looks fine on a diagram, but then: - bank onboarding stalls, - counterparties ask basic questions no one prepared for, - approvals are unclear, - records are...

Last updated: 13 March 2026 “0% carried interest” is one of the most misunderstood headlines in Hong Kong funds marketing. The reality is more nuanced: - there is a carried interest concession regime, - it has effective dates and conditions, - and it’s designed to...

Last updated: 13 March 2026 DIPN 61 is the Inland Revenue Department’s “Departmental Interpretation and Practice Note” explaining how it interprets and applies Hong Kong’s profits tax exemption for funds (often called the “unified fund exemption”). If you are advising...