Hong Kong to offer crypto tax breaks for family offices

Hong Kong Financial Secretary Paul Chan announced in his recent 2026-27 budget speech that the government will classify cryptocurrencies, precious metals, and certain commodities as eligible for tax concessions to attract more family offices and funds. Currently, there are over 3,300 single-family offices established in Hong Kong. A related amendment bill is set to be introduced in the first half of this year and will take effect from the 2025-26 tax year.