Frequently Asked Questions
Frequently Asked Questions
Answers to common questions about FGA Trust's services, licensing, KYC requirements and onboarding.
General
Is FGA Trust licensed?+
Yes. FGA Trust holds a Trust or Company Service Provider (TCSP) licence issued by the Hong Kong Companies Registry — TCSP Licence No. TC008341.
What KYC documents are required?+
Individual clients provide identity and address verification, and corporate clients also provide company entity documents. Detailed KYC checklists for individual and corporate clients are available on request.
What languages do you serve?+
We serve clients in English, Chinese and Japanese.
How do I start?+
Contact us through our contact page or request a proposal through our proposal page. Our team will discuss your objectives and guide you through the next steps.
Personal Trust
What is a personal trust?+
A personal trust is a legal arrangement where a trustee holds and manages assets on behalf of beneficiaries. FGA Trust acts as a professional trustee, providing asset protection, wealth preservation, and succession planning services tailored to your needs.
Why set up a personal trust in Hong Kong?+
Hong Kong offers a robust legal framework based on English common law, no capital gains tax, no estate duty, and strong asset protection laws. It is one of the most trusted jurisdictions for wealth management and trust structures in Asia.
What assets can be held in a personal trust?+
A personal trust can hold a wide range of assets including cash, securities, real estate, private equity, digital assets, and more. FGA Trust provides custody and administration for diverse asset classes.
How long does it take to set up a personal trust?+
Setting up a personal trust with FGA Trust typically takes 2-4 weeks, depending on the complexity of the structure, the number of assets involved, and compliance requirements.
Corporate Trust
What are corporate trust services?+
Corporate trust services include fiduciary services, company formation, corporate governance, transaction support, regulatory compliance, and stock custody. FGA Trust provides end-to-end corporate trust solutions for businesses operating in Hong Kong and internationally.
How can corporate trust services benefit my business?+
Corporate trust services help businesses with regulatory compliance, asset segregation, efficient corporate governance, and streamlined transactions. They provide an independent fiduciary layer that enhances credibility and protects stakeholder interests.
Does FGA Trust help with company formation in Hong Kong?+
Yes, FGA Trust assists with Hong Kong company formation, including company secretary services, registered office address, and ongoing compliance support. We handle all aspects of incorporation and statutory requirements.
Family Office
What is a family office?+
A family office is a private wealth management firm that serves high-net-worth families. It provides comprehensive services including investment management, estate planning, tax optimization, and multi-generational wealth preservation.
What services does FGA Trust family office provide?+
FGA Trust family office services include trust administration, financial planning, investment management, succession planning, philanthropy advisory, and multi-generational wealth preservation strategies.
Who should consider a family office?+
Families with significant wealth, complex asset structures, or multi-generational planning needs benefit most from family office services. FGA Trust provides tailored solutions for families seeking comprehensive wealth management.
Athlete Trust
What is an athlete trust?+
An athlete trust is a specialized wealth management structure designed for professional athletes. It helps protect earnings, plan for life after sports, and create lasting financial legacies through expert trust management.
Why should athletes consider trust services?+
Professional athletes often face short career spans and unique financial challenges. Trust services provide asset protection, tax optimization, structured wealth distribution, and long-term financial security beyond their playing careers.
How does FGA Trust help athletes with wealth management?+
FGA Trust provides athletes with bespoke trust structures, investment management, residency planning, and lifestyle services. Our Athlete Trust Office creates tailored strategies for wealth preservation and post-career planning.
Education Trust
What is an education trust?+
An education trust is a specialized trust designed to fund educational expenses for beneficiaries. It can cover tuition, living expenses, and multi-generational educational legacies, ensuring family members access quality education.
How does an education trust work?+
Funds are placed in a trust managed by a professional trustee like FGA Trust. The trust disburses payments for approved educational expenses according to the terms set by the settlor, providing tax benefits and structured funding.
Can an education trust fund international education?+
Yes, an education trust can fund education at institutions worldwide. FGA Trust structures trusts that support international schooling, university education, and professional development across multiple jurisdictions.
Lifestyle Concierge
What lifestyle concierge services does FGA Trust offer?+
FGA Trust lifestyle concierge services include private jet charters, yacht rentals, art escrow services, personalized travel planning, luxury event coordination, and bespoke lifestyle management for distinguished clients.
Who is eligible for FGA Trust lifestyle concierge services?+
Lifestyle concierge services are available to FGA Trust clients who utilize our trust or wealth management services. This ensures integrated service delivery and a holistic approach to client lifestyle management.
What is art escrow?+
Art escrow is a secure service where FGA Trust holds art assets during transactions, ensuring both buyer and seller are protected. We manage authentication, valuation, and secure transfer of high-value art pieces.
Asset-Backed Credit Card
What is an asset-linked credit card?+
An asset-linked credit card is a premium card backed by assets held in trust, providing higher credit limits and exclusive benefits. FGA Trust offers the FGA World Card and FGA World Elite Card for distinguished clients.
What are the benefits of the FGA World Card?+
The FGA World Card offers high credit limits linked to your trust assets, exclusive travel benefits, concierge services, and premium rewards. It is designed for clients who want seamless access to their wealth.
How do asset-linked credit cards work?+
Asset-linked credit cards use assets held in a trust as collateral, enabling significantly higher credit limits than traditional cards. Spending is backed by the trust portfolio, combining financial flexibility with wealth preservation.
