From pbl.legal: Hong Kong serves as a leading jurisdiction for high-net-worth individuals seeking to establish trusts, offering robust legal protections, tax efficiency, and strategic asset management advantages.

The legal framework, based on common law, facilitates the separation of legal and beneficial ownership within trusts, while recent amendments allow for perpetual trusts and flexibility in structure.

Key benefits include limited taxation on foreign income, no capital gains tax, and the ability for settlors to reserve certain powers, making Hong Kong an attractive destination for effective wealth planning.