What is a family office?
A family office is a private organisation that manages the investments and affairs of a wealthy family. A single family office (SFO) serves one family; a multi-family office (MFO) serves several unrelated families on a shared platform.
How much money do you need for a family office?
Industry consensus puts a dedicated single family office as typically viable from around US$100 million, and sometimes from roughly US$30 million for a lean structure. Hong Kong’s FIHV tax concession sets a practical floor of HK$240 million (≈ US$30M) in specified assets for families seeking the 0% profits tax rate.
What is a family office vs a private bank?
A private bank sells financial products and custody to many clients; a family office is owned by (or dedicated to) the family itself and coordinates investments, tax, succession, philanthropy and lifestyle matters on the family’s side of the table — often managing the private-bank relationships rather than being one.
What does Family Office Institute Hong Kong do?
FOIHK provides professional training to individuals within the family office and related industries — seminars, workshops, lectures, expert articles and case studies — and works to establish industry norms across service processes, professional qualifications and risk management. See About Us.
Who leads FOIHK?
FOIHK’s Founding Chairman is Lai King Man, Leo, and its Founding Secretary General is Chan Man Ching. See the leadership team.
What is the FIHV tax regime in Hong Kong?
The FIHV regime gives eligible Family-owned Investment Holding Vehicles managed by a Hong Kong single family office a 0% profits tax rate on qualifying transactions, subject to conditions including HK$240M minimum AUM, at least 2 qualified full-time Hong Kong employees and HK$2M annual local operating expenditure. Details: FIHV guide.
Hong Kong or Singapore for a family office?
Both are leading hubs. Hong Kong tends to suit families with Greater China wealth and deal flow (FIHV regime, LPF/OFC vehicles, New CIES residency); Singapore suits ASEAN-focused families (13O/13U schemes, VCC). Full comparison: Hong Kong vs Singapore.
Where is FOIHK located and how do I contact it?
32/F, The Center, 99 Queen’s Road Central, Central, Hong Kong · info@foihk.org · office hours Monday–Friday 9:00 AM–6:00 PM. See contact.
Last updated: 2026-07-30