The HK$240M Threshold

The recently enacted tax concession for family-owned investment holding vehicles (FIHVs) offers a 0% concessionary profit tax rate. This requires an absolute minimum AUM of HK$240 million managed by a Single Family Office (SFO) operating in Hong Kong.

Tool: Family Office Tax Concession Eligibility

Determine baseline eligibility for the 0% tax rate based on declared AUM.

Status: Eligible for 0% Profit Tax Concession

Common Mistakes

  • Assuming real estate counts towards AUM: Under Schedule 16C, qualifying assets generally refer to securities, futures, and PE investments, not direct real estate holdings.