Hong Kong’s limited partnership regime for funds
July 2020
On 9 July 2020, the Hong Kong Legislative Council passed the Limited Partnership Fund (LPF) Bill, allowing funds to be set up as Hong Kong (HK) registered limited partnerships with effect from 31 August 2020. The Bill introduces a new registration regime for LPFs to be established and operational in Hong Kong. The LPF regime gives market players flexibility in structuring the fund vehicle and operations, and more importantly aligns the domicile of the fund with their operations in Asia.
In this publication, we summarise the key features and advantages of the Hong Kong Limited Partnership Funds regime.
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