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Hong Kong Fund LPF

The eligibility requirements of a fund to be registered as an LPF is set out in section 7 of the Limited Partnership Fund Ordinance (“LPFO”).

In general, a fund is eligible to be registered as an LPF if, on its registration as an LPF -

  1. the fund is constituted by a limited partnership agreement and the arrangements in the agreement do not contravene the LPFO or any other applicable law;

  2. the fund has one general partner and at least one limited partner;

  3. the fund's name complies with the requirements relating to an LPF's name under the LPFO;

  4. registration of the fund by its name will not contravene the restrictions on an LPF's name under the LPFO;

  5. the fund has an office in Hong Kong to which communications and notices may be sent;

  6. the fund is not set up for an unlawful purpose; and

  7. Not all the partners in the fund are corporations in the same group of companies.

What We
Offer

01

Setup a LPF

  • Fee proposal provided upon initial consultation.

  • Our fees are always fixed, inclusive of registration fees of HK$3,034 (US$385).

  • All fees are agreed in advance and we only invoice the agreed amount.

03

Further Legal Needs

We are happy to provide the following legal services at a fixed fee, to be determined based on an initial consultation with yourselves:

  • Drafting full Investment Memorandum.

  • Drafting Investment Manager Agreement.

  • Further tailoring / customization of the Limited Partnership Agreement.

02

Add-ons Services

We provide the following on-going LPF services at a fixed fee, which may or may not be needed depending on your particular circumstances:

  • Providing a Registered Address in Hong Kong.

  • Assisting with all on-going Company Registry filings.

04

Third Parties Services

We are happy to introduce third-parties for the following services, in conjunction with your LPF, all of which can be provided at a fixed fee:

  • Auditor.

  • Responsible Person (AML Officer).

  • Fund Administrator.

  • GP Company Set-up.

  • Bank account opening assistance.

A Registered LPF
  • Total time for set-up is approximately two weeks.

  • All services provided at agreed, fixed fees.

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