{"id":5734,"date":"2026-03-13T02:25:13","date_gmt":"2026-03-13T02:25:13","guid":{"rendered":"https:\/\/titus.com.hk\/?p=5734"},"modified":"2026-07-15T06:38:50","modified_gmt":"2026-07-15T06:38:50","slug":"hong-kong-funds-private-investment-vehicles-guide-zh","status":"publish","type":"post","link":"https:\/\/titus.com.hk\/zh\/hong-kong-funds-private-investment-vehicles-guide-zh\/","title":{"rendered":"\u9999\u6e2f\u57fa\u91d1\u53ca\u79c1\u4eba\u6295\u8cc7\u5de5\u5177\u5be6\u52d9\u6307\u5357\uff1a\u5bb6\u65cf\u3001\u5275\u8fa6\u4eba\u8207\u79c1\u4eba\u8cc7\u672c\u9069\u7528\uff082026\uff09"},"content":{"rendered":"\n<p>\u6700\u5f8c\u66f4\u65b0\uff1a2026\u5e743\u670813\u65e5<\/p>\n<p>\u66ff\u6709\u4e9e\u6d32\u696d\u52d9\u7684\u5bb6\u65cf\u3001\u5275\u8fa6\u4eba\u6216\u79c1\u4eba\u8cc7\u672c\u5718\u968a\u505a\u9867\u554f\uff0c\u300c\u958b\u9593\u516c\u53f8\u300d\u5f9e\u4f86\u4e0d\u662f\u96e3\u8655\u3002\u96e3\u8655\u5728\u65bc\u5efa\u7acb\u4e00\u500b\u67b6\u69cb\uff0c\u65e2\u5728\u6cd5\u5f8b\u4e0a\u8aaa\u5f97\u901a\u3001\u904b\u4f5c\u4e0a\u4e7e\u6de8\u5229\u843d\uff0c\u4e5f\u80fd\u5411\u9280\u884c\u548c\u4ea4\u6613\u5c0d\u624b\u4ea4\u4ee3\u6e05\u695a\u3002<\/p>\n<p>\u672c\u6587\u5be6\u52d9\u5730\u7d9c\u89c0\u9999\u6e2f\u6700\u5e38\u7528\u7684\u5e7e\u7a2e\u9078\u64c7\uff1a\u5982\u4f55\u53d6\u6368\uff0c\u4ee5\u53ca\u4ea4\u6613\u901a\u5e38\u5728\u54ea\u88cf\u51fa\u5c94\u5b50\u3002\u82e5\u60f3\u5c31\u5177\u9ad4\u500b\u6848\u8207\u6211\u5011\u5718\u968a\u5546\u8a0e\uff0c\u53ef\u5148\u700f\u89bd\u6211\u5011\u7684<a href=\"https:\/\/titus.com.hk\/investment-funds\/\">\u6295\u8cc7\u57fa\u91d1\u670d\u52d9<\/a>\u9801\u9762\u3002<\/p>\n<h2 id=\"the-quick-map\">\u901f\u89bd\uff1aLPF\u3001OFC \u8207\u63a7\u80a1\u516c\u53f8\u52a0 SPV<\/h2>\n<h3>\u9078\u64c7\u4e00\uff1a\u63a7\u80a1\u516c\u53f8\u52a0\u7279\u6b8a\u76ee\u7684\u516c\u53f8\uff08SPV\uff09\u2014\u2014\u591a\u6578\u5bb6\u65cf\u7684\u300c\u79c1\u4eba\u6295\u8cc7\u5e73\u53f0\u300d<\/h3>\n<p>\u82e5\u4f60\u53ea\u60f3\u8981\u4e00\u500b\u76f4\u63a5\u7684\u79c1\u4eba\u6295\u8cc7\u5de5\u5177\u53bb\u6301\u6709\u8cc7\u7522\uff08\u7d44\u5408\u6295\u8cc7\u3001\u71df\u904b\u516c\u53f8\u3001\u7269\u696d SPV\u3001\u5171\u540c\u6295\u8cc7\u6b0a\u76ca\uff09\uff0c\u800c\u6bcb\u9808\u904b\u4f5c\u57fa\u91d1\u5f0f\u7684\u8a8d\u8cfc\uff0f\u8d16\u56de\u6a21\u5f0f\uff0c\u9019\u662f\u6700\u5408\u9069\u7684\u9078\u64c7\u3002<\/p>\n<p>\u5e38\u898b\u7279\u5fb5\uff1a\u4e00\u9593\u9999\u6e2f\u63a7\u80a1\u516c\u53f8\uff08\u6216\u5c0f\u578b\u67b6\u69cb\u5806\u758a\uff09\uff1b\u6309\u8cc7\u7522\u6216\u7b56\u7565\u5404\u8a2d SPV\uff1b\u7ba1\u6cbb\u898f\u5247\uff08\u5be9\u6279\u3001\u7c3d\u7f72\u6b0a\u3001\u532f\u5831\u5468\u671f\uff09\u5728\u8d77\u6b65\u6642\u5c31\u8a2d\u8a08\u59a5\u7576\u3002<\/p>\n<h3>\u9078\u64c7\u4e8c\uff1a\u6709\u9650\u5408\u5925\u57fa\u91d1\uff08LPF\uff09\u2014\u2014\u79c1\u4eba\u57fa\u91d1\u5f0f\u7684\u67b6\u69cb<\/h3>\n<p>\u82e5\u9019\u500b\u5de5\u5177\u904b\u4f5c\u8d77\u4f86\u5c31\u50cf\u4e00\u96bb\u79c1\u4eba\u57fa\u91d1\u2014\u2014\u96c6\u5408\u8cc7\u672c\u3001\u591a\u540d\u6295\u8cc7\u8005\uff08\u54ea\u6015\u53ea\u662f\u5c0f\u578b\u300c\u4ff1\u6a02\u90e8\u300d\uff09\u3001\u79c1\u52df\u80a1\u6b0a\uff0f\u5275\u6295\uff0f\u4fe1\u8cb8\u5f0f\u7684\u7d93\u6fdf\u5b89\u6392\u3001\u5408\u5925\u7ba1\u6cbb\u8207\u5206\u6d3e\u6a5f\u5236\u2014\u2014LPF \u6700\u70ba\u5408\u9069\u3002<\/p>\n<p>\u5ef6\u4f38\u95b1\u8b80\u6211\u5011\u7684<a href=\"https:\/\/titus.com.hk\/the-limited-partnership-fund-lpf-in-hong-kong-a-complete-guide\/\">\u9999\u6e2f\u6709\u9650\u5408\u5925\u57fa\u91d1\uff08LPF\uff09\u5b8c\u6574\u6307\u5357<\/a>\u3002<\/p>\n<h3>\u9078\u64c7\u4e09\uff1a\u958b\u653e\u5f0f\u57fa\u91d1\u578b\u516c\u53f8\uff08OFC\uff09\u2014\u2014\u516c\u53f8\u578b\u57fa\u91d1\u67b6\u69cb<\/h3>\n<p>\u82e5\u4f60\u60f3\u8981\u516c\u53f8\u5f62\u5f0f\u7684\u57fa\u91d1\u67b6\u69cb\uff0c\u901a\u5e38\u6703\u6d89\u53ca\uff1a\u80a1\u4efd\u767c\u884c\uff0f\u8d16\u56de\u6a5f\u5236\uff1b\u5098\u5b50\u57fa\u91d1\uff0f\u5b50\u57fa\u91d1\u7684\u601d\u8def\uff1b\u4ee5\u53ca\u66f4\u8cbc\u8fd1\u6a5f\u69cb\u7d1a\u57fa\u91d1\u7ba1\u6cbb\u7684\u5408\u898f\u8a2d\u8a08\u2014\u2014OFC \u6700\u70ba\u5408\u9069\u3002<\/p>\n<p>\u5ef6\u4f38\u95b1\u8b80\u6211\u5011\u7684<a href=\"https:\/\/titus.com.hk\/the-open-ended-fund-company-ofc-in-hong-kong-what-you-need-to-know\/\">\u958b\u653e\u5f0f\u57fa\u91d1\u578b\u516c\u53f8\uff08OFC\uff09\u5b8c\u6574\u6307\u5357<\/a>\u3002<\/p>\n<h2 id=\"why-hong-kong\">\u300c\u70ba\u4f55\u9078\u9999\u6e2f\uff1f\u300d\u2014\u2014\u9867\u554f\u53ef\u4ee5\u7528\u3001\u53c8\u4e0d\u50cf\u5ba3\u50b3\u55ae\u5f35\u7684\u7406\u7531<\/h2>\n<p>\u5c0d\u79c1\u4eba\u8cc7\u672c\u67b6\u69cb\u800c\u8a00\uff0c\u9999\u6e2f\u4ecd\u7136\u662f\u5be6\u7528\u7684\u4e9e\u6d32\u6a1e\u7d10\uff0c\u56e0\u70ba\u5b83\u540c\u6642\u5177\u5099\uff1a\u6210\u719f\u7684\u6cd5\u5f8b\u8207\u5c08\u696d\u751f\u614b\uff1b\u666e\u901a\u6cd5\u7684\u719f\u6089\u611f\uff08\u5c0d\u570b\u969b\u9867\u554f\u5c24\u5176\u7ba1\u7528\uff09\uff1b\u8cbc\u8fd1\u4e9e\u6d32\u8cc7\u672c\u8207\u9280\u884c\u57fa\u5efa\uff1b\u4ee5\u53ca\u65e5\u6f38\u5b8c\u5099\u7684\u57fa\u91d1\u76f8\u95dc\u5236\u5ea6\u8207\u6307\u5f15\u3002<\/p>\n<p>\u5f9e\u6cd5\u5f8b\u670d\u52d9\u7684\u89d2\u5ea6\u770b\uff0c\u6700\u5927\u7684\u300c\u70ba\u4f55\u300d\u59cb\u7d42\u662f\u843d\u5730\u57f7\u884c\uff1a\u82e5\u67b6\u69cb\u8981\u8ddf\u4e9e\u6d32\u9280\u884c\u3001\u4e9e\u6d32\u4ea4\u6613\u5c0d\u624b\uff0c\u4ee5\u53ca\u8de8\u53f8\u6cd5\u7ba1\u8f44\u5340\u7684\u5bb6\u65cf\u7ba1\u6cbb\u6253\u4ea4\u9053\uff0c\u9999\u6e2f\u5f80\u5f80\u662f\u4e00\u500b\u884c\u5f97\u901a\u7684\u91cd\u5fc3\u3002<\/p>\n<p>\uff08\u82e5\u4f60\u6b63\u5728\u6bd4\u8f03\u9999\u6e2f\u5404\u7a2e\u67b6\u69cb\uff0c\u6216\u6e96\u5099\u642d\u5efa\u57fa\u91d1\u5e73\u53f0\uff0c\u6211\u5011\u5718\u968a\u53ef\u5354\u52a9\u4f60\u91d0\u6e05\u5408\u9069\u7684\u8def\u5f91\uff1a<a href=\"https:\/\/titus.com.hk\/investment-funds\/\">\u6295\u8cc7\u57fa\u91d1\u670d\u52d9<\/a>\u3002\uff09<\/p>\n<h2 id=\"five-questions\">\u6c7a\u5b9a\u67b6\u69cb\u7684\u4e94\u689d\u554f\u984c\uff08\u4e5d\u6210\u60c5\u6cc1\u9069\u7528\uff09<\/h2>\n<h3>\u4e00\u3001\u9019\u7a76\u7adf\u662f\u300c\u57fa\u91d1\u300d\uff0c\u9084\u662f\u7d14\u7cb9\u7684\u79c1\u4eba\u6301\u80a1\u5e73\u53f0\uff1f<\/h3>\n<p>\u82e5\u6295\u8cc7\u8005\u96c6\u8cc7\u3001\u7531\u7d93\u7406\u4eba\u64cd\u76e4\u7b56\u7565\uff0c\u90a3\u5c31\u843d\u5165\u57fa\u91d1\u7684\u908f\u8f2f\u3002\u82e5\u53ea\u662f\u5bb6\u65cf\uff0f\u5275\u8fa6\u4eba\u7684\u6295\u8cc7\u5e73\u53f0\uff0c\u63a7\u80a1\u516c\u53f8\u52a0 SPV \u7684\u5806\u758a\u53ef\u80fd\u66f4\u6e05\u723d\u3002<\/p>\n<h3>\u4e8c\u3001\u4f60\u9700\u4e0d\u9700\u8981\u8a8d\u8cfc\uff0f\u8d16\u56de\uff08\u958b\u653e\u5f0f\u7684\u904b\u4f5c\uff09\uff1f<\/h3>\n<p>\u9700\u8981\u7684\u8a71\uff0cOFC \u5c31\u66f4\u76f8\u95dc\u3002\u4e0d\u9700\u8981\uff08\u5c01\u9589\u5f0f\uff09\u7684\u8a71\uff0cLPF \u6216\u63a7\u80a1\u516c\u53f8\u52a0 SPV \u5f80\u5f80\u66f4\u81ea\u7136\u3002<\/p>\n<h3>\u4e09\u3001\u6295\u8cc7\u8005\u6709\u591a\u5c11\uff08\u53c8\u6709\u591a\u8001\u7df4\uff09\uff1f<\/h3>\n<p>\u53ea\u9650\u5bb6\u65cf\u7684\u5de5\u5177\uff0c\u5f80\u5f80\u9996\u91cd\u904b\u4f5c\u7c21\u55ae\u3002\u4ff1\u6a02\u90e8\uff0f\u5171\u540c\u6295\u8cc7\u7684\u5de5\u5177\uff0c\u5247\u5f80\u5f80\u53d7\u60e0\u65bc LPF \u7684\u6a5f\u5236\u8207\u66f4\u6e05\u6670\u7684\u5408\u5925\u4eba\u6b0a\u5229\u3002<\/p>\n<h3>\u56db\u3001\u9280\u884c\u9700\u8981\u770b\u5230\u4ec0\u9ebc\uff1f<\/h3>\n<p>\u82e5\u4f60\u7684\u67b6\u69cb\u7121\u6cd5\u89e3\u91cb\u3001\u7121\u6cd5\u8209\u8b49\uff0c\u958b\u6236\u5c31\u6703\u5361\u4f4f\u3002\u9019\u6b63\u662f\u300c\u53ef\u7372\u9280\u884c\u63a5\u7d0d\u300d\u4e0d\u80fd\u7576\u4f5c\u8a3b\u8173\u7684\u539f\u56e0\u3002\uff08\u6211\u5011\u6709\u8a73\u7d30\u8a0e\u8ad6\uff1a<a href=\"https:\/\/titus.com.hk\/bankable-hong-kong-fund-structures-aml-controls\/\">\u6253\u9020\u300c\u53ef\u7372\u9280\u884c\u63a5\u7d0d\u300d\u7684\u9999\u6e2f\u57fa\u91d1\u67b6\u69cb<\/a>\u3002\uff09<\/p>\n<h3>\u4e94\u3001\u4f60\u6709\u6c92\u6709\u7784\u6e96\u4efb\u4f55\u9999\u6e2f\u57fa\u91d1\u7a05\u52d9\u5236\u5ea6\uff1f<\/h3>\n<p>\u82e5\u4f60\u7684\u5de5\u5177\u78ba\u5be6\u4ee5\u300c\u57fa\u91d1\u300d\u904b\u4f5c\u4e26\u7b26\u5408\u76f8\u95dc\u689d\u4ef6\uff0c\u9999\u6e2f\u7684\u5229\u5f97\u7a05\u5bec\u514d\u6307\u5f15\u5c31\u6d3e\u5f97\u4e0a\u7528\u5834\u3002\u53ef\u5148\u770b\u6211\u5011\u9019\u7bc7\u6dfa\u767d\u8aaa\u660e\uff1a<a href=\"https:\/\/titus.com.hk\/dipn-61-hong-kong-profits-tax-exemption-for-funds\/\">DIPN 61 \u57fa\u91d1\u5229\u5f97\u7a05\u5bec\u514d\u8a73\u89e3<\/a>\u3002<\/p>\n<h2 id=\"timelines\">\u5178\u578b\u6642\u9593\u8868\uff08\u5207\u5408\u5be6\u969b\u7684\u898f\u5283\uff09<\/h2>\n<p>\u6bcf\u5b97\u500b\u6848\u90fd\u4e0d\u540c\uff0c\u4f46\u4ee5\u4e0b\u662f\u6211\u5011\u6700\u5e38\u898b\u7684\u898f\u5283\u5340\u9593\uff1a\u63a7\u80a1\u516c\u53f8\u52a0 SPV\uff0c\u6cd5\u5f8b\u4e0a\u901a\u5e38\u6700\u5feb\uff0c\u771f\u6b63\u727d\u52d5\u6642\u9593\u7684\u5f80\u5f80\u662f\u958b\u6236\u8207\u904b\u4f5c\u8a2d\u7f6e\uff1bLPF \u53ea\u8981\u95dc\u9375\u89d2\u8272\u5230\u4f4d\u3001LPA \u689d\u6b3e\u6e05\u6670\uff0c\u5c31\u76f8\u7576\u53ef\u63a7\uff1bOFC \u5247\u7a0b\u5e8f\u74b0\u74b0\u76f8\u6263\u8f03\u591a\uff0c\u8a17\u7ba1\u4eba\u8207\u6295\u8cc7\u7d93\u7406\u7684\u6c7a\u5b9a\u61c9\u53ca\u65e9\u62cd\u677f\u3002<\/p>\n<h2 id=\"common-pitfalls\">\u5e38\u898b\u9677\u9631\uff08\u4ee5\u53ca\u5982\u4f55\u907f\u958b\uff09<\/h2>\n<h3>\u9677\u9631\u4e00\uff1a\u642d\u5efa\u8207\u73fe\u5be6\u812b\u7bc0\u7684\u300c\u7d19\u4e0a\u67b6\u69cb\u300d<\/h3>\n<p>\u82e5\u5be6\u969b\u63a7\u5236\u6b0a\u8207\u6587\u4ef6\u6240\u5beb\u7684\u4e0d\u4e00\u81f4\uff0c\u554f\u984c\u5c31\u6703\u5728\u958b\u6236\u3001\u5be9\u8a08\u3001\u7cfe\u7d1b\u548c\u9000\u51fa\u6642\u6d6e\u73fe\u3002<\/p>\n<h3>\u9677\u9631\u4e8c\uff1a\u672a\u5b9a\u7ba1\u6cbb\u5c31\u5148\u9078\u5de5\u5177<\/h3>\n<p>\u67b6\u69cb\u61c9\u8a72\u8ddf\u96a8\u7ba1\u6cbb\u65b9\u6848\u800c\u5b9a\u2014\u2014\u8ab0\u5be9\u6279\u4ec0\u9ebc\u3001\u8ab0\u6709\u7c3d\u7f72\u6b0a\u3001\u9700\u8981\u54ea\u4e9b\u532f\u5831\u3002<\/p>\n<h3>\u9677\u9631\u4e09\uff1a\u5ffd\u7565\u904b\u4f5c\u5c64\u9762<\/h3>\n<p>\u5be6\u9ad4\u7dad\u8b77\u3001\u6703\u8a08\uff0f\u7a05\u52d9\u5354\u8abf\u3001\u7d00\u9304\u4fdd\u5b58\u8207\u5be9\u6279\u65e5\u8a8c\uff0c\u624d\u662f\u4ee4\u67b6\u69cb\u9577\u671f\u904b\u8f49\u7684\u95dc\u9375\u3002<\/p>\n<p>\u6211\u5011\u7684<a href=\"https:\/\/titus.com.hk\/commercial\/\">\u516c\u53f8\u53ca\u5546\u696d\u6cd5\u670d\u52d9<\/a>\u7d93\u5e38\u652f\u63f4\u9019\u985e\u9805\u76ee\u300c\u6301\u80a1\u8207\u7ba1\u6cbb\u300d\u7684\u4e00\u9762\uff1b\u7576\u500b\u6848\u9700\u8981\u6642\uff0c\u6211\u5011\u7684<a href=\"https:\/\/titus.com.hk\/regulatory\/\">\u76e3\u7ba1\u53ca\u5408\u898f\u670d\u52d9<\/a>\u4ea6\u53ef\u5354\u52a9\u68b3\u7406\u5408\u898f\u8207\u98a8\u96aa\u3002<\/p>\n<h2 id=\"how-titus-supports\">TITUS \u4e00\u822c\u5982\u4f55\u652f\u63f4\u9019\u985e\u67b6\u69cb\uff08\u300c\u9999\u6e2f\u670d\u52d9\u53f0\u300d\u6a21\u5f0f\uff09<\/h2>\n<p>TITUS \u652f\u63f4\u6cd5\u5f8b\u8a2d\u8a08\u8207\u843d\u5730\u57f7\u884c\uff1a\u5de5\u5177\u9078\u64c7\uff08LPF\u3001OFC \u6291\u6216 SPV\uff09\uff1b\u6210\u7acb\u6587\u4ef6\u8207\u5404\u9805\u5354\u8b70\uff1b\u57fa\u91d1\u6210\u7acb\u8207\u904b\u4f5c\u6587\u4ef6\uff1b\u6709\u9700\u8981\u6642\u7684\u76e3\u7ba1\u68b3\u7406\uff1b\u4ea4\u6613\u3001\u91cd\u7d44\u8207\u7cfe\u7d1b\u9810\u6848\u3002<\/p>\n<p>\u6211\u5011\u7684\u59ca\u59b9\u516c\u53f8 IMSG \u652f\u63f4\u67b6\u69cb\u7684\u65e5\u5e38\u904b\u4f5c\uff1a\u516c\u53f8\u79d8\u66f8\u8207\u5404\u9805\u5099\u6848\uff1b\u6703\u8a08\uff0f\u7a05\u52d9\u5354\u8abf\uff1b\u6301\u7e8c\u7684\u904b\u4f5c\u5468\u671f\uff08\u7d00\u9304\u3001\u5be9\u6279\u3001\u532f\u5831\uff09\uff1b\u4ee5\u53ca\u5be6\u52d9\u4e0a\u7684\u300c\u53ef\u7372\u9280\u884c\u63a5\u7d0d\u300d\u652f\u63f4\u3002<\/p>\n<p>\u82e5\u4f60\u6b63\u66ff\u5ba2\u6236\u8003\u616e\u9999\u6e2f\uff0c\u53ef\u7531\u6b64\u958b\u59cb\uff1a<a href=\"https:\/\/titus.com.hk\/investment-funds\/\">\u6295\u8cc7\u57fa\u91d1\u670d\u52d9<\/a>\u3002<\/p>\n<h2 id=\"next-step\">\u4e0b\u4e00\u6b65\uff1a\u8207\u4e3b\u7406\u5f8b\u5e2b\u5feb\u901f\u901a\u8a71<\/h2>\n<p>\u82e5\u4f60\u60f3\u5546\u8a0e\u67d0\u500b\u5ba2\u6236\u500b\u6848\uff0c\u6216\u8cb4\u6240\u7d93\u5e38\u9047\u5230\u7684\u9700\u6c42\uff0c\u6211\u5011\u53ef\u5b89\u6392\u8207<a href=\"https:\/\/titus.com.hk\/our-people\/michael-titus\/\">\u6234\u5716\u65af\u5f8b\u5e2b\u884c\u4e3b\u7406\u5f8b\u5e2b Michael Titus<\/a>\u5feb\u901f Zoom \u901a\u8a71\u3002\u8acb\u63d0\u4f9b 2 \u81f3 3 \u500b\u6642\u6bb5\uff0c\u96fb\u90f5\u81f3 info@titus.com.hk\uff0c\u6216 WhatsApp\uff1a+852 9702 3003\u3002<\/p>\n<h2 id=\"related-reading\">\u5ef6\u4f38\u95b1\u8b80<\/h2>\n<ul>\n<li><a href=\"https:\/\/titus.com.hk\/the-limited-partnership-fund-lpf-in-hong-kong-a-complete-guide\/\">\u9999\u6e2f\u6709\u9650\u5408\u5925\u57fa\u91d1\uff08LPF\uff09\u5b8c\u6574\u6307\u5357<\/a><\/li>\n<li><a href=\"https:\/\/titus.com.hk\/the-open-ended-fund-company-ofc-in-hong-kong-what-you-need-to-know\/\">\u958b\u653e\u5f0f\u57fa\u91d1\u578b\u516c\u53f8\uff08OFC\uff09\u5b8c\u6574\u6307\u5357<\/a><\/li>\n<li><a href=\"https:\/\/titus.com.hk\/dipn-61-hong-kong-profits-tax-exemption-for-funds\/\">DIPN 61 \u57fa\u91d1\u5229\u5f97\u7a05\u5bec\u514d\u8a73\u89e3<\/a><\/li>\n<li><a href=\"https:\/\/titus.com.hk\/hong-kong-carried-interest-tax-concession-0-profits-tax\/\">\u9999\u6e2f\u9644\u5e36\u6b0a\u76ca\u7a05\u52d9\u5bec\u6e1b\uff080% \u5229\u5f97\u7a05\uff09<\/a><\/li>\n<li><a href=\"https:\/\/titus.com.hk\/bankable-hong-kong-fund-structures-aml-controls\/\">\u6253\u9020\u300c\u53ef\u7372\u9280\u884c\u63a5\u7d0d\u300d\u7684\u9999\u6e2f\u57fa\u91d1\u67b6\u69cb<\/a><\/li>\n<\/ul>\n<hr>\n<p><em><strong>\u514d\u8cac\u8072\u660e\uff1a<\/strong>\u672c\u6587\u7531\u6234\u5716\u65af\u5f8b\u5e2b\u884c\uff08TITUS Solicitors\uff09\u767c\u4f48\uff0c\u50c5\u4f9b\u4e00\u822c\u8cc7\u6599\u53c3\u8003\uff0c\u4e26\u4e0d\u69cb\u6210\u6cd5\u5f8b\u610f\u898b\u3002\u500b\u5225\u60c5\u6cc1\u5404\u7570\uff0c\u6cd5\u5f8b\u4ea6\u53ef\u80fd\u6709\u8b8a\uff0c\u884c\u52d5\u524d\u8acb\u8aee\u8a62\u5408\u8cc7\u683c\u5f8b\u5e2b\u3002<\/em><\/p>\n\n\n<!-- titus-related-insights -->\n<hr>\n<h3>\u5ef6\u4f38\u95b1\u8b80<\/h3>\n<ul>\n<li><a href=\"https:\/\/titus.com.hk\/zh\/ofc-vs-lpf-hong-kong-fund-structure-zh\/\">OFC \u8207 LPF\uff1a\u9999\u6e2f\u57fa\u91d1\u67b6\u69cb\u600e\u6a23\u9078\uff1f<\/a><\/li>\n<li><a href=\"https:\/\/titus.com.hk\/zh\/the-open-ended-fund-company-ofc-in-hong-kong-what-you-need-to-know-zh\/\">\u9999\u6e2f\u958b\u653e\u5f0f\u57fa\u91d1\u578b\u516c\u53f8\uff08OFC\uff09\uff1a\u4fdd\u7ba1\u4eba\u8981\u6c42\u8207\u6301\u7e8c\u5408\u898f\uff08\u79c1\u4eba OFC\uff09<\/a><\/li>\n<li><a href=\"https:\/\/titus.com.hk\/zh\/the-limited-partnership-fund-lpf-in-hong-kong-a-complete-guide-zh\/\">\u9999\u6e2f\u6709\u9650\u5408\u5925\u57fa\u91d1\uff08LPF\uff09\u5b8c\u6574\u6307\u5357\uff1a\u8a3b\u518a\u3001\u95dc\u9375\u89d2\u8272\u8207\u6642\u9593\u8868\uff082026 \u5be6\u52d9\u7248\uff09<\/a><\/li>\n<\/ul>\n\n","protected":false},"excerpt":{"rendered":"<p>\u6700\u5f8c\u66f4\u65b0\uff1a2026\u5e743\u670813\u65e5 \u66ff\u6709\u4e9e\u6d32\u696d\u52d9\u7684\u5bb6\u65cf\u3001\u5275\u8fa6\u4eba\u6216\u79c1\u4eba\u8cc7\u672c\u5718\u968a\u505a\u9867\u554f\uff0c\u300c\u958b\u9593\u516c\u53f8\u300d\u5f9e\u4f86\u4e0d\u662f\u96e3\u8655\u3002\u96e3\u8655 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":5302,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","_vp_format_video_url":"","_vp_image_focal_point":[],"footnotes":""},"categories":[147,171,153,155],"tags":[],"class_list":["post-5734","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-article-zh","category-investment","category-153","category-155"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>\u9999\u6e2f\u57fa\u91d1\u67b6\u69cb\u5be6\u52d9\u6307\u5357\uff1aLPF\u3001OFC \u8207\u63a7\u80a1\u516c\u53f8\u5982\u4f55\u9078\u64c7 | \u6234\u5716\u65af\u5f8b\u5e2b\u884c<\/title>\n<meta name=\"description\" content=\"\u6234\u5716\u65af\u5f8b\u5e2b\u884c\u5be6\u52d9\u62c6\u89e3\u9999\u6e2f\u57fa\u91d1\u67b6\u69cb\u7684\u4e09\u5927\u9078\u64c7\u2014\u2014\u6709\u9650\u5408\u5925\u57fa\u91d1\uff08LPF\uff09\u3001\u958b\u653e\u5f0f\u57fa\u91d1\u578b\u516c\u53f8\uff08OFC\uff09\u8207\u63a7\u80a1\u516c\u53f8\u52a0 SPV\uff0c\u6559\u5bb6\u65cf\u3001\u5275\u8fa6\u4eba\u53ca\u79c1\u4eba\u8cc7\u672c\u6309\u7ba1\u6cbb\u3001\u6295\u8cc7\u8005\u8207\u9280\u884c\u9700\u6c42\u9078\u5c0d\u67b6\u69cb\uff0c\u4e26\u907f\u958b\u5e38\u898b\u9677\u9631\u3002\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/titus.com.hk\/zh\/hong-kong-funds-private-investment-vehicles-guide-zh\/\" \/>\n<meta property=\"og:locale\" content=\"zh_HK\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\u9999\u6e2f\u57fa\u91d1\u67b6\u69cb\u5be6\u52d9\u6307\u5357\uff1aLPF\u3001OFC \u8207\u63a7\u80a1\u516c\u53f8\u5982\u4f55\u9078\u64c7 | \u6234\u5716\u65af\u5f8b\u5e2b\u884c\" \/>\n<meta property=\"og:description\" content=\"\u6234\u5716\u65af\u5f8b\u5e2b\u884c\u5be6\u52d9\u62c6\u89e3\u9999\u6e2f\u57fa\u91d1\u67b6\u69cb\u7684\u4e09\u5927\u9078\u64c7\u2014\u2014\u6709\u9650\u5408\u5925\u57fa\u91d1\uff08LPF\uff09\u3001\u958b\u653e\u5f0f\u57fa\u91d1\u578b\u516c\u53f8\uff08OFC\uff09\u8207\u63a7\u80a1\u516c\u53f8\u52a0 SPV\uff0c\u6559\u5bb6\u65cf\u3001\u5275\u8fa6\u4eba\u53ca\u79c1\u4eba\u8cc7\u672c\u6309\u7ba1\u6cbb\u3001\u6295\u8cc7\u8005\u8207\u9280\u884c\u9700\u6c42\u9078\u5c0d\u67b6\u69cb\uff0c\u4e26\u907f\u958b\u5e38\u898b\u9677\u9631\u3002\" \/>\n<meta property=\"og:url\" content=\"https:\/\/titus.com.hk\/zh\/hong-kong-funds-private-investment-vehicles-guide-zh\/\" \/>\n<meta property=\"og:site_name\" content=\"Titus\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/titus.com.hk\" \/>\n<meta property=\"article:published_time\" content=\"2026-03-13T02:25:13+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-07-15T06:38:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/titus.com.hk\/wp-content\/uploads\/2026\/03\/Fund00-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1396\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Michael Titus\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@spaceship\" \/>\n<meta name=\"twitter:label1\" content=\"\u4f5c\u8005\" \/>\n\t<meta name=\"twitter:data1\" content=\"Michael Titus\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"\u9999\u6e2f\u57fa\u91d1\u67b6\u69cb\u5be6\u52d9\u6307\u5357\uff1aLPF\u3001OFC \u8207\u63a7\u80a1\u516c\u53f8\u5982\u4f55\u9078\u64c7 | \u6234\u5716\u65af\u5f8b\u5e2b\u884c","description":"\u6234\u5716\u65af\u5f8b\u5e2b\u884c\u5be6\u52d9\u62c6\u89e3\u9999\u6e2f\u57fa\u91d1\u67b6\u69cb\u7684\u4e09\u5927\u9078\u64c7\u2014\u2014\u6709\u9650\u5408\u5925\u57fa\u91d1\uff08LPF\uff09\u3001\u958b\u653e\u5f0f\u57fa\u91d1\u578b\u516c\u53f8\uff08OFC\uff09\u8207\u63a7\u80a1\u516c\u53f8\u52a0 SPV\uff0c\u6559\u5bb6\u65cf\u3001\u5275\u8fa6\u4eba\u53ca\u79c1\u4eba\u8cc7\u672c\u6309\u7ba1\u6cbb\u3001\u6295\u8cc7\u8005\u8207\u9280\u884c\u9700\u6c42\u9078\u5c0d\u67b6\u69cb\uff0c\u4e26\u907f\u958b\u5e38\u898b\u9677\u9631\u3002","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/titus.com.hk\/zh\/hong-kong-funds-private-investment-vehicles-guide-zh\/","og_locale":"zh_HK","og_type":"article","og_title":"\u9999\u6e2f\u57fa\u91d1\u67b6\u69cb\u5be6\u52d9\u6307\u5357\uff1aLPF\u3001OFC \u8207\u63a7\u80a1\u516c\u53f8\u5982\u4f55\u9078\u64c7 | \u6234\u5716\u65af\u5f8b\u5e2b\u884c","og_description":"\u6234\u5716\u65af\u5f8b\u5e2b\u884c\u5be6\u52d9\u62c6\u89e3\u9999\u6e2f\u57fa\u91d1\u67b6\u69cb\u7684\u4e09\u5927\u9078\u64c7\u2014\u2014\u6709\u9650\u5408\u5925\u57fa\u91d1\uff08LPF\uff09\u3001\u958b\u653e\u5f0f\u57fa\u91d1\u578b\u516c\u53f8\uff08OFC\uff09\u8207\u63a7\u80a1\u516c\u53f8\u52a0 SPV\uff0c\u6559\u5bb6\u65cf\u3001\u5275\u8fa6\u4eba\u53ca\u79c1\u4eba\u8cc7\u672c\u6309\u7ba1\u6cbb\u3001\u6295\u8cc7\u8005\u8207\u9280\u884c\u9700\u6c42\u9078\u5c0d\u67b6\u69cb\uff0c\u4e26\u907f\u958b\u5e38\u898b\u9677\u9631\u3002","og_url":"https:\/\/titus.com.hk\/zh\/hong-kong-funds-private-investment-vehicles-guide-zh\/","og_site_name":"Titus","article_publisher":"https:\/\/www.facebook.com\/titus.com.hk","article_published_time":"2026-03-13T02:25:13+00:00","article_modified_time":"2026-07-15T06:38:50+00:00","og_image":[{"width":2560,"height":1396,"url":"https:\/\/titus.com.hk\/wp-content\/uploads\/2026\/03\/Fund00-scaled.jpg","type":"image\/jpeg"}],"author":"Michael Titus","twitter_card":"summary_large_image","twitter_creator":"@spaceship","twitter_misc":{"\u4f5c\u8005":"Michael Titus"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/titus.com.hk\/zh\/hong-kong-funds-private-investment-vehicles-guide-zh\/#article","isPartOf":{"@id":"https:\/\/titus.com.hk\/zh\/hong-kong-funds-private-investment-vehicles-guide-zh\/"},"author":{"name":"Michael Titus","@id":"https:\/\/titus.com.hk\/zh\/#\/schema\/person\/203d674a3baa2cba0d5cb0184273b307"},"headline":"\u9999\u6e2f\u57fa\u91d1\u53ca\u79c1\u4eba\u6295\u8cc7\u5de5\u5177\u5be6\u52d9\u6307\u5357\uff1a\u5bb6\u65cf\u3001\u5275\u8fa6\u4eba\u8207\u79c1\u4eba\u8cc7\u672c\u9069\u7528\uff082026\uff09","datePublished":"2026-03-13T02:25:13+00:00","dateModified":"2026-07-15T06:38:50+00:00","mainEntityOfPage":{"@id":"https:\/\/titus.com.hk\/zh\/hong-kong-funds-private-investment-vehicles-guide-zh\/"},"wordCount":46,"publisher":{"@id":"https:\/\/titus.com.hk\/zh\/#organization"},"image":{"@id":"https:\/\/titus.com.hk\/zh\/hong-kong-funds-private-investment-vehicles-guide-zh\/#primaryimage"},"thumbnailUrl":"https:\/\/titus.com.hk\/wp-content\/uploads\/2026\/03\/Fund00-scaled.jpg","articleSection":["Articles","Investment","\u535a\u5ba2","\u5546\u696d\u6cd5"],"inLanguage":"zh-HK"},{"@type":"WebPage","@id":"https:\/\/titus.com.hk\/zh\/hong-kong-funds-private-investment-vehicles-guide-zh\/","url":"https:\/\/titus.com.hk\/zh\/hong-kong-funds-private-investment-vehicles-guide-zh\/","name":"\u9999\u6e2f\u57fa\u91d1\u67b6\u69cb\u5be6\u52d9\u6307\u5357\uff1aLPF\u3001OFC \u8207\u63a7\u80a1\u516c\u53f8\u5982\u4f55\u9078\u64c7 | \u6234\u5716\u65af\u5f8b\u5e2b\u884c","isPartOf":{"@id":"https:\/\/titus.com.hk\/zh\/#website"},"primaryImageOfPage":{"@id":"https:\/\/titus.com.hk\/zh\/hong-kong-funds-private-investment-vehicles-guide-zh\/#primaryimage"},"image":{"@id":"https:\/\/titus.com.hk\/zh\/hong-kong-funds-private-investment-vehicles-guide-zh\/#primaryimage"},"thumbnailUrl":"https:\/\/titus.com.hk\/wp-content\/uploads\/2026\/03\/Fund00-scaled.jpg","datePublished":"2026-03-13T02:25:13+00:00","dateModified":"2026-07-15T06:38:50+00:00","description":"\u6234\u5716\u65af\u5f8b\u5e2b\u884c\u5be6\u52d9\u62c6\u89e3\u9999\u6e2f\u57fa\u91d1\u67b6\u69cb\u7684\u4e09\u5927\u9078\u64c7\u2014\u2014\u6709\u9650\u5408\u5925\u57fa\u91d1\uff08LPF\uff09\u3001\u958b\u653e\u5f0f\u57fa\u91d1\u578b\u516c\u53f8\uff08OFC\uff09\u8207\u63a7\u80a1\u516c\u53f8\u52a0 SPV\uff0c\u6559\u5bb6\u65cf\u3001\u5275\u8fa6\u4eba\u53ca\u79c1\u4eba\u8cc7\u672c\u6309\u7ba1\u6cbb\u3001\u6295\u8cc7\u8005\u8207\u9280\u884c\u9700\u6c42\u9078\u5c0d\u67b6\u69cb\uff0c\u4e26\u907f\u958b\u5e38\u898b\u9677\u9631\u3002","breadcrumb":{"@id":"https:\/\/titus.com.hk\/zh\/hong-kong-funds-private-investment-vehicles-guide-zh\/#breadcrumb"},"inLanguage":"zh-HK","potentialAction":[{"@type":"ReadAction","target":["https:\/\/titus.com.hk\/zh\/hong-kong-funds-private-investment-vehicles-guide-zh\/"]}]},{"@type":"ImageObject","inLanguage":"zh-HK","@id":"https:\/\/titus.com.hk\/zh\/hong-kong-funds-private-investment-vehicles-guide-zh\/#primaryimage","url":"https:\/\/titus.com.hk\/wp-content\/uploads\/2026\/03\/Fund00-scaled.jpg","contentUrl":"https:\/\/titus.com.hk\/wp-content\/uploads\/2026\/03\/Fund00-scaled.jpg","width":2560,"height":1396},{"@type":"BreadcrumbList","@id":"https:\/\/titus.com.hk\/zh\/hong-kong-funds-private-investment-vehicles-guide-zh\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/titus.com.hk\/zh\/"},{"@type":"ListItem","position":2,"name":"\u9999\u6e2f\u57fa\u91d1\u53ca\u79c1\u4eba\u6295\u8cc7\u5de5\u5177\u5be6\u52d9\u6307\u5357\uff1a\u5bb6\u65cf\u3001\u5275\u8fa6\u4eba\u8207\u79c1\u4eba\u8cc7\u672c\u9069\u7528\uff082026\uff09"}]},{"@type":"WebSite","@id":"https:\/\/titus.com.hk\/zh\/#website","url":"https:\/\/titus.com.hk\/zh\/","name":"Titus","description":"Modern Law Firm in Hong Kong","publisher":{"@id":"https:\/\/titus.com.hk\/zh\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/titus.com.hk\/zh\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"zh-HK"},{"@type":"Organization","@id":"https:\/\/titus.com.hk\/zh\/#organization","name":"TITUS","alternateName":"TITUS Solicitors","url":"https:\/\/titus.com.hk\/zh\/","logo":{"@type":"ImageObject","inLanguage":"zh-HK","@id":"https:\/\/titus.com.hk\/zh\/#\/schema\/logo\/image\/","url":"https:\/\/titus.com.hk\/wp-content\/uploads\/2025\/03\/titus-web-logo-e1741253157630.jpg","contentUrl":"https:\/\/titus.com.hk\/wp-content\/uploads\/2025\/03\/titus-web-logo-e1741253157630.jpg","width":1365,"height":908,"caption":"TITUS"},"image":{"@id":"https:\/\/titus.com.hk\/zh\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/titus.com.hk","https:\/\/www.linkedin.com\/company\/titushk\/","https:\/\/www.instagram.com\/titus.solicitors\/","https:\/\/www.wikidata.org\/wiki\/Q140274999","https:\/\/lawzana.com\/lawyer\/titus-solicitors"]},{"@type":"Person","@id":"https:\/\/titus.com.hk\/zh\/#\/schema\/person\/203d674a3baa2cba0d5cb0184273b307","name":"Michael Titus","image":{"@type":"ImageObject","inLanguage":"zh-HK","@id":"https:\/\/titus.com.hk\/zh\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/fedb517fcd5332fec6b7fee77932d87c8c64a3e59cf67ceceeaa2aeb787b35c9?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/fedb517fcd5332fec6b7fee77932d87c8c64a3e59cf67ceceeaa2aeb787b35c9?s=96&d=mm&r=g","caption":"Michael Titus"},"description":"Michael Titus is the Founding Principal and Managing Partner of TITUS Solicitors, a modern independent Hong Kong law firm. A practising Hong Kong solicitor with a BSc in Finance from Lehigh University and a Juris Doctor from the City University of Hong Kong, he specialises in regulatory, cryptocurrency and corporate law. Michael has deep experience in virtual assets, stablecoin and licensing matters, M&amp;A and cross-border transactions, having advised on major US-dollar-pegged stablecoin projects and guided token issuers, exchanges and fintech businesses through Hong Kong's SFC and HKMA frameworks.","sameAs":["https:\/\/x.com\/spaceship"]}]}},"_links":{"self":[{"href":"https:\/\/titus.com.hk\/zh\/wp-json\/wp\/v2\/posts\/5734","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/titus.com.hk\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/titus.com.hk\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/titus.com.hk\/zh\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/titus.com.hk\/zh\/wp-json\/wp\/v2\/comments?post=5734"}],"version-history":[{"count":2,"href":"https:\/\/titus.com.hk\/zh\/wp-json\/wp\/v2\/posts\/5734\/revisions"}],"predecessor-version":[{"id":5865,"href":"https:\/\/titus.com.hk\/zh\/wp-json\/wp\/v2\/posts\/5734\/revisions\/5865"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/titus.com.hk\/zh\/wp-json\/wp\/v2\/media\/5302"}],"wp:attachment":[{"href":"https:\/\/titus.com.hk\/zh\/wp-json\/wp\/v2\/media?parent=5734"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/titus.com.hk\/zh\/wp-json\/wp\/v2\/categories?post=5734"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/titus.com.hk\/zh\/wp-json\/wp\/v2\/tags?post=5734"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}