Subscribe to our newsletter
* indicates required


Contact details
Office
Office
Follow us on LinkedIn
Like our facebook page
Follow us on Twitter

Trust Services

Trust is always regarded as the best tool for asset protection and succession planning purposes. Masson de Morfontaine has a team of seasoned trust professionals to advise on the optimal structure for an individual’s specific requirements and help plan for future generations.

Masson de Morfontaine keens on providing trustee services in terms of establishment and administration of the trust through Hong Kong, New Zealand, Singapore, BVI and all major offshore jurisdictions.

We are focusing on offering our services on the following types of trust:

  • Discretionary trust
  • Life Interest trust
  • Charitable trust
  • Purpose trust
  • Fixed trust
  • Vista trust
  • Foundation

Our firm is also at your disposal to advise as well as help create and administer Private Trust Companies (PTCs) in various jurisdictions. We can provide accounting and other related statutory services for the trust as and when required.

Example: Advantages of Hong Kong Trust

Under the new trust law of Hong Kong, the trust deed, records and accounts are not publicly accessible. Besides, there is no forced heirship rules and taxation on foreign income. Further, change in domicile is permitted if drafted in the deed. For details, please refer to the table below.

Jurisdiction

Hong Kong

General

 

 

 

Type of Company

Trust

Type of Law

Common

Our time to establish a Trust

2- 3 days

Minimum government fees (excluding taxation)

Nil

Double Taxation Treaty Access

Yes

Taxation on Foreign income

No

 

Trust Assets

Standard currency

US$

Permitted currencies

Any

Minimum Assets Required

US$10

 

Trustees

 

Minimum number if individuals

One

Minimum number if a body corporate

One

if Local trustee required

No

Publicly accessible records

No

Location of meetings

Anywhere

 

Protector

Required

Optional

 

Professional qualifications held

Optional

 

Trust Deed

Publicly accessible

No

 

Accounts

Requirements to prepare

Yes

Audit requirements

No

Publicly accessible accounts

No

 

Other

Forced Heirship Rules

Forced Heirship of a foreign jurisdiction is not applicable.

Change in domicile permitted

Yes, if drafted in deed

For enquiries, please contact us via email or +852 3953 4880 (Hong Kong) / +86 21 3120 3208 (Shanghai)

You are also invited to read our article “Multiple Perspectives: Why is Hong Kong the Ideal Place for Trusts?” published in the 6th Annual Trusts & Foundations Guide of China Offshore
http://www.masson-de-morfontaine.com/en/new/china-offshore-trusts-and-foundations-guide

Subscribe to our newsletter
* indicates required


Contact details
Office
Office
Follow us on LinkedIn
Like our facebook page
Follow us on Twitter