Private market fund managers in Hong Kong: need-to-know taxation and licensing rules

The Hong Kong Government’s commitment to providing a GP- and LP-friendly tax environment, paired with its various additional measures such as the creation of diversified fund structures, has attracted numerous funds to Hong Kong and cemented the jurisdiction’s position as Asia’s second-largest private equity (PE) hub, with US$212 billion in PE assets under management as at the end of 2022.

However, there has been significant confusion over the years regarding taxation specifics and, in particular, what licensing (if any) is required to operate as a private market fund manager in Hong Kong under the Securities and Futures Ordinance.

In this whitepaper, IQ-EQ’s Philippa Allen and Clare Chang delve into the nuances of Hong Kong’s licensing and taxation requirements for private market fund managers, shedding light on the key rules and requirements that such managers need to be aware of.

Download the whitepaper

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IQ-EQ offers a comprehensive suite of services designed to guide fund managers through Hong Kong’s intricate regulatory landscape and beyond. Partnering with IQ-EQ grants access to global and regional expertise across diverse sectors, ensuring optimal support for your organisation’s journey.

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