Hong Kong (HK)

Jurisdiction Overview

IDQuestionAnswer
204 *Are Trusts available? BOTH: Domestic trust law and administration of foreign law trusts.
 Data Date: 2019

Notes

 
The Global Forum reports: "Trusts are recognised in Hong Kong’s common law and statute law. The trust law regime in Hong Kong is mainly based on English common law. [...] There are no apparent prohibitions for a resident of Hong Kong to act as a trustee or otherwise in a fiduciary capacity in relation to a trust formed in Hong Kong or under foreign law" (GF 2013: 49, 52). In 2019, the Global Forum confirms that both foreign and domestic law trusts are available in Hong Kong (GF 2019: 56-59).

Sources

GF 2011: 38; GF 2013: 49, 52; GF 2019: 56-59
 
https://www.elegislation.gov.hk/hk/cap29
 
http://www.lowtax.net/information/hong-kong/hong-kong-trust.html