Hong Kong CIES: Choosing Your Brokerage, Law Firm, and Reporting Partner Under the HK$30m Rules


Last updated: 2025-08-23 Source: WealthShield Author: Shield
intro:With the Capital Investment Entrant Scheme back, the decision is less “Can I?” and more “ Who helps me meet rules while managing a live portfolio?” This guide maps the team: brokerage/custody, immigration counsel, and tax/reporting support. W

With the Capital Investment Entrant Scheme back, the decision is less “Can I?” and more “Who helps me meet rules while managing a live portfolio?” This guide maps the team: brokerage/custody, immigration counsel, and tax/reporting support.

Why a three-legged stool

  • Brokerage/custody: Eligible assets, valuation, and attestations on schedule.
  • Immigration counsel: Liaison with InvestHK, evidence sufficiency, family applications.
  • Tax/reporting: Territorial rules meet global reality; align presence, filings, and bank data.

Shortlisting brokers & banks

Look for Tier-1 platforms with deep HK listings access and automated statements that mirror the scheme’s reporting cadence. Request sample attestations early and confirm your pre-CIES holdings won’t be counted toward thresholds (verify latest guidance).

Law firm selection

Ask for a chronology of recent CIES files, average timeline, and how they coordinate asset substitutions when markets move. Insist on a document matrix (who collects which proof; when).

Reporting partner

Even if you don’t owe profits tax, clarity matters. A local tax team that understands “source” and split-year residency avoids noise later.

Engagement model

  • Kickoff: KYC, investment policy, CIES roadmap.
  • Portfolio build & reporting templates.
  • Submission window and post-approval monitoring.

Red flags

Advisers who position CIES as a real-estate play; platforms that cannot export data in the regulator’s template; firms that refuse to write eligibility opinions.

CTA

Ask each candidate for a CIES calendar (T-minus 12 weeks to approval + rolling reporting).

Editor’s note: The right team treats the application like portfolio operations, not a one-off form.

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