Trust Formation & Trustee Services

Primasia establishes and administers Hong Kong trust structures for international and local families and corporates. Our team works through the regulatory landscape with you, from the initial structuring decision and drafting of the trust deed through to ongoing administration and distribution.

Trusts are typically used for inheritance and tax planning, asset protection across borders, protection of beneficiaries and long-term succession planning. Hong Kong's stable legal system and favourable tax environment make it a durable base for holding and passing on wealth.

A discretionary trust gives trustees the ability to determine distributions to beneficiaries, offering flexible asset management, privacy and the capacity to respond to changing family circumstances. It suits estate management where needs are varied or not yet known.

A fixed-interest trust sets entitlements in advance, delivering predictable income and stability. It suits beneficiaries and settlors who prioritise certainty over flexibility.

A private trust company (PTC) gives a family direct governance over its own trust structures, with greater control and confidentiality than an external trustee arrangement. We advise on whether a PTC is proportionate, and set up and administer both Hong Kong and BVI private trust companies.

For philanthropy, we structure charitable purpose trusts to meet regulatory requirements while maximising the impact of the giving, and support them with the transparency and accountability charitable initiatives require.

Administration covers the legal, financial and administrative work of running the trust: maintaining records and accounts, managing the relationship with beneficiaries, coordinating with lawyers and investment managers, and keeping the structure compliant as regulation changes.

Trust services are provided through our related trust company; further detail is available at pmichk.com.