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[\/et_pb_fullwidth_header][\/et_pb_section][et_pb_section fb_built=”1″ custom_padding_last_edited=”on|phone” _builder_version=”4.16″ custom_padding=”150px||80px||false|false” custom_padding_tablet=”50px||30px||false|false” custom_padding_phone=”” animation_style=”fade” global_colors_info=”{}”][et_pb_row custom_padding_last_edited=”on|phone” _builder_version=”4.16″ width=”90%” max_width=”1300px” module_alignment=”center” custom_margin=”|3px||auto|false|false” custom_padding=”|290px|||false|false” custom_padding_tablet=”|0px|||false|false” custom_padding_phone=”|0%|||false|false” custom_css_before=” content: %22%22;|| background-image: url(\/wp-content\/uploads\/2020\/10\/investment-funds-min-1.png);||width: 20%;|| height: 100%;|| position: absolute;|| top: 50px;|| right: 0px;|| background-size: contain;|| background-repeat: no-repeat;|| visibility: visible!important;|| background-position-y: center;” global_colors_info=”{}” custom_css_before_last_edited=”on|desktop” custom_css_before_tablet=” content: %22%22;|| background-image: url(\/wp-content\/uploads\/2020\/10\/investment-funds-min-1.png);|| width: 20%;|| height: 100%;|| position: absolute;|| top: 0px;|| right: 0px;|| background-size: contain;|| background-repeat: no-repeat;|| visibility: visible!important;|| ” custom_css_before_phone=” content: %22%22;”][et_pb_column type=”4_4″ _builder_version=”4.16″ global_colors_info=”{}”][et_pb_text content_last_edited=”off|desktop” _builder_version=”4.16″ text_font_size=”28px” text_line_height=”1.8em” header_2_font=”|600|||||||” header_2_font_size=”40px” header_2_line_height=”1.4em” max_width_tablet=”600px” max_width_phone=”” max_width_last_edited=”on|tablet” custom_margin=”||0px||false|false” custom_padding=”2px||0px||false|false” text_font_size_tablet=”25px” text_font_size_phone=”20px” text_font_size_last_edited=”on|desktop” header_2_font_size_tablet=”35px” header_2_font_size_phone=”25px” header_2_font_size_last_edited=”on|desktop” global_colors_info=”{}” custom_css_before_last_edited=”on|tablet”]<\/p>\n
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TITUS is the legal backbone for family offices — setup, structuring, the Hong Kong tax concession, trusts and succession — bridging legacy wealth and frontier assets.<\/strong><\/p>\n A Hong Kong law firm builds the legal and structuring foundation of a family office: it designs the holding and fund vehicles, establishes the trusts and succession plans that carry wealth to the next generation, and positions a qualifying Family-owned Investment Holding Vehicle (FIHV) for Hong Kong’s family office tax concession. At TITUS, we act as legal and structuring counsel — not day-to-day administrator or asset manager — advising on entity formation, governance and family constitutions, cross-border estate planning, regulatory and licensing questions, and the custody and structuring of both traditional and digital assets. The result is a structure designed to keep the operating business, the family’s private wealth, and the investment vehicle cleanly separated and tax-efficient, and to be built to last.<\/p>\n A family office is the structure a family uses to hold, govern and pass on significant wealth — investments, property and business interests — as a coordinated whole rather than through personal or operating-company accounts. It separates the management and decision-making layer (the family office itself) from the holding layer (the vehicles that own the assets), so wealth can be preserved, deployed and transferred deliberately.<\/p>\n Single-family office (SFO) vs multi-family office (MFO).<\/strong> A single-family office serves one family exclusively and, where it meets the qualifying conditions, may access Hong Kong’s tax concession. A multi-family office serves several families and is generally a licensed service provider. Which fits depends on your scale, your appetite for control and confidentiality, and whether you would rather own the infrastructure or share it.<\/p>\n Why Hong Kong.<\/strong> Hong Kong offers a rare combination for Asian and international families: a common-law legal system with genuine certainty, a gateway position into Greater China and the wider region, no capital gains tax and no estate duty, a growing double-taxation treaty network, and a dedicated family office tax concession introduced to attract exactly this capital. For families whose wealth increasingly spans both traditional assets and digital assets, Hong Kong’s parallel build-out of a virtual-asset regulatory regime — including the dual licensing framework for virtual asset trading platforms under the Securities and Futures Ordinance and the Anti-Money Laundering and Counter-Terrorist Financing Ordinance — makes it uniquely suited to the next generation of wealth.<\/p>\n Where the lawyer fits.<\/strong> We are the legal and structuring counsel: we design the structure, secure its tax and regulatory footing, provide ongoing legal advice, and coordinate with your administrators, bankers, accountants, and investment managers rather than replacing them.<\/p>\n [\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.16″ use_background_color_gradient=”on” background_color_gradient_direction=”268deg” background_color_gradient_stops=”#232c49 0%|#295185 100%” background_color_gradient_start=”#232c49″ background_color_gradient_end=”#295185″ positioning=”absolute” position_origin_a_tablet=”” position_origin_a_phone=”” position_origin_a_last_edited=”on|tablet” position_origin_f_tablet=”” position_origin_f_phone=”” position_origin_f_last_edited=”on|tablet” position_origin_r_tablet=”” position_origin_r_phone=”” position_origin_r_last_edited=”on|tablet” width=”50%” width_tablet=”100%” width_phone=”” width_last_edited=”on|tablet” max_width=”100%” height=”160px” height_tablet=”150px” height_phone=”100px” height_last_edited=”on|phone” custom_margin=”0px||||false|false” custom_margin_tablet=”0px||||false|false” custom_margin_phone=”” custom_margin_last_edited=”on|phone” custom_padding=”0px||0px||true|false” positioning_tablet=”” positioning_phone=”” positioning_last_edited=”on|tablet” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ global_colors_info=”{}”][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ custom_padding_last_edited=”on|tablet” module_class=”persons-sec” _builder_version=”4.16″ custom_padding_tablet=”0px||0px||false|false” custom_padding_phone=”” animation_style=”fade” global_colors_info=”{}”][et_pb_row column_structure=”1_2,1_2″ make_equal=”on” _builder_version=”4.16″ width=”90%” max_width=”1600px” global_colors_info=”{}”][et_pb_column type=”1_2″ _builder_version=”4.16″ background_enable_image=”off” custom_css_main_element=”margin:auto;” global_colors_info=”{}”][et_pb_image src=”https:\/\/titus.com.hk\/wp-content\/uploads\/2020\/10\/investment-funds-min.jpg” title_text=”investment funds-min” align=”center” force_fullwidth=”on” module_class=”min-500″ _builder_version=”4.16″ custom_css_before=” content: %22%22;|| background-image: url(\/wp-content\/uploads\/2020\/10\/investment-funds2-min.png);|| width: 451px;|| height: 120px;|| position: absolute;|| left: -50px;|| bottom: -40px;|| background-size: contain;|| background-repeat: no-repeat;” global_colors_info=”{}” custom_css_before_last_edited=”on|tablet” custom_css_before_tablet=” content: %22%22;|| background-image: url(\/wp-content\/uploads\/2020\/10\/investment-funds2-min.png);|| width: 351px;|| height: 120px;|| position: absolute;|| left: -30px;|| bottom: -40px;|| background-size: contain;|| background-repeat: no-repeat;” custom_css_before_phone=” content: %22%22;|| background-image: url(\/wp-content\/uploads\/2020\/10\/investment-funds2-min.png);|| width: 351px;|| height: 120px;|| position: absolute;|| left: -30px;|| bottom: -40px;|| background-size: contain;|| background-repeat: no-repeat;”][\/et_pb_image][\/et_pb_column][et_pb_column type=”1_2″ _builder_version=”4.16″ custom_css_main_element=”margin:auto;” global_colors_info=”{}” custom_css_main_element_last_edited=”on|tablet” custom_css_main_element_tablet=”margin-top:50px;” custom_css_main_element_phone=”margin-top:50px;”][et_pb_text module_class=”reduced-text-size” _builder_version=”4.16″ text_text_color=”#1f2a46″ text_font_size=”20px” text_line_height=”1.6em” text_orientation=”justified” custom_padding=”20px||||false|false” custom_padding_tablet=”0px||||false|false” custom_padding_phone=”” custom_padding_last_edited=”on|desktop” text_font_size_tablet=”18px” text_font_size_phone=”17px” text_font_size_last_edited=”on|phone” global_colors_info=”{}”]<\/p>\n We design and implement the full legal architecture \u2014 selecting and forming the right entities (private companies, holding vehicles, OFCs, LPFs and SPVs), layering them for asset segregation and jurisdictional efficiency, and drafting the constitutional and operating documents that tie them together. Where the tax concession is in view, we design the Family-owned Investment Holding Vehicle and the single-family office to meet the qualifying conditions from the outset, recognising that those conditions are subject to legislative change. See Corporate & Commercial<\/a>.<\/p>\n [\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_text module_class=”with-bullets reduced-text-size” _builder_version=”4.16″ text_text_color=”#1f2a46″ text_font_size=”20px” text_line_height=”1.6em” text_orientation=”justified” custom_padding=”||||false|false” custom_padding_tablet=”0px||||false|false” custom_padding_phone=”” custom_padding_last_edited=”on|desktop” text_font_size_tablet=”18px” text_font_size_phone=”17px” text_font_size_last_edited=”on|phone” global_colors_info=”{}”]<\/p>\n <\/p>\n Hong Kong offers a profits-tax concession \u2014 a 0% rate on qualifying transactions and certain incidental transactions (capped at 5% of qualifying receipts)<\/strong> \u2014 for an eligible Family-owned Investment Holding Vehicle (FIHV)<\/strong> managed by an eligible single-family office, subject to conditions on family ownership, minimum assets and local substance. We assess whether your structure qualifies, design it to meet the criteria, and, where useful and appropriate, seek an advance ruling from the Inland Revenue Department on your specific facts; a ruling addresses the facts as presented and does not itself guarantee a particular tax outcome.<\/p>\n The FIHV regime is enacted under the Inland Revenue (Amendment) (Tax Concessions for Family-owned Investment Holding Vehicles) Ordinance 2023, effective retrospectively from year of assessment 2022\/23. In outline, the current qualifying conditions are:<\/p>\n Qualifying transactions cover securities, private company shares, debentures and loan stock, futures and foreign exchange contracts, specified deposits, exchange-traded commodities, foreign currencies and OTC derivatives, as set out in Schedule 16C. Legislation is currently before the Legislative Council that, if passed, would broaden the minimum-asset test and expand the range of qualifying asset classes, with retrospective effect. It has not been enacted, and the position above reflects the regime as currently in force.<\/p>\n We build the instruments that move wealth safely across generations and borders: Hong Kong-law and offshore trusts (Hong Kong permits settlor-reserved powers and dynastic trusts \u2014 the Perpetuities and Accumulations Ordinance was amended in 2013 to abolish the rule against perpetuities and the rule against excessive accumulations for Hong Kong trusts created on or after 1 December 2013, allowing trusts of unlimited duration \u2014 with statutory protection under the Trustee Ordinance (Cap. 29) for lifetime transfers of assets into a Hong Kong-law trust, which can help insulate the trust from certain foreign forced-heirship claims, subject to the specific facts and the approach of any foreign court asked to recognise or enforce such claims), wills and multi-jurisdiction will coordination, enduring powers of attorney, and probate and estate administration. Hong Kong abolished estate duty with effect from 11 February 2006, which \u2014 combined with these tools \u2014 makes it a strong base for planning an orderly, private succession. See our Wills & Estate Planning<\/a> practice.<\/p>\n Many families run their investment layer through a Hong Kong fund vehicle. The Open-ended Fund Company (OFC)<\/strong> suits a pooled, open-ended, redeemable strategy in a regulated corporate wrapper; the Limited Partnership Fund (LPF)<\/strong> suits closed-end private-market strategies \u2014 private equity, venture and private credit \u2014 and co-investment alongside external managers. An FIHV may also establish family-owned special purpose entities (FSPEs) to hold specific investments, subject to conditions including that the FSPE holds no more than 50% of its assets in short-term assets. We advise on which vehicle fits, form it, and integrate it with the family\u2019s holding and tax structure. See Investment Funds<\/a>.<\/p>\n Structure without governance rarely survives a generation. We draft the family constitution or charter \u2014 the shared rules on decision-making, leadership, entry and employment, distributions and dispute resolution \u2014 and, crucially, align it with the binding legal documents (trust deeds, shareholders\u2019 agreements, company constitutions) so that intentions are enforceable where it matters. We also establish philanthropy vehicles, including tax-exempt charitable structures recognised under section 88 of the Inland Revenue Ordinance.<\/p>\n A growing share of family wealth is now held in tokens, not just shares and property. We structure how digital assets are held and transferred within the family office \u2014 addressing custody and private-key control, legal title, succession (who can access the assets if something happens to the holder), and whether any given activity engages Hong Kong\u2019s virtual-asset regime, a determination that depends on the specific token, activity and counterparties involved. Hong Kong operates a dual licensing regime: centralised platforms trading security tokens require a licence for Type 1 (dealing in securities) and Type 7 (automated trading services) regulated activities under the Securities and Futures Ordinance, while platforms trading non-security tokens require a virtual asset service provider (VASP) licence under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance; operating without the required licence carries criminal penalties. This is where TITUS is genuinely differentiated: we combine traditional structuring with hands-on virtual-asset and stablecoin experience. See Cryptocurrency<\/a>.<\/p>\n We map your activities against Hong Kong\u2019s regulatory perimeter. Whether a single-family office requires a licence under the Securities and Futures Ordinance depends on whether its activities amount to a regulated activity carried on as a business in Hong Kong; a single-family office that does not carry on business for profit and serves only its own family will generally fall outside the licensing requirement, but this must be assessed against the office\u2019s specific activities, and multi-family offices providing services to third-party families are generally required to be licensed. We also handle AML\/KYC obligations under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance, Common Reporting Standard (CRS) reporting, the substance requirements underpinning the FIHV concession, and data privacy compliance under the Personal Data (Privacy) Ordinance. See Regulatory<\/a>.<\/p>\nWhat is a family office, and why Hong Kong?<\/h3>\n
Our family office services<\/h2>\n
Family office setup & structuring<\/h3>\n
The Hong Kong family office tax concession (FIHV)<\/h3>\n
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Trusts, succession & estate planning<\/h3>\n
Fund & holding structures (OFC and LPF)<\/h3>\n
Governance & the family constitution<\/h3>\n
Digital-asset & virtual-asset wealth<\/h3>\n
Regulatory, licensing & compliance<\/h3>\n
Disputes, asset protection & confidentiality<\/h3>\n