Investment Funds in Asia Pacific: Tax Implications of Fund Management in Hong Kong and Singapore

While PE investment opportunities in Asia-Pacific markets have become abundant in recent years, the investment fund industry is still relatively nascent. Fund structures are still evolving and many governments in the area are looking to establish themselves as the jurisdictions of choice for fund vehicles. The first of a two-part series, this O'Melveny article explores the tax implications of fund management in Singapore and Hong Kong.