Hong Kong Fiduciary Association Limited Grandly Inaugurated Its Dubai Office, Marking Another Crucial Step in Global Expansion

The event took place in Dubai, on 12 December. Dubai is a globally-renowned hub where global capital and opportunities converge, where Hong Kong Fiduciary Association Limited (HKFA) grandly inaugurated its Dubai office under the spotlight. Senior representatives, esteemed clients and industry partners from across the globe gathered to witness this historic milestone.

Amidst a solemn yet vibrant atmosphere, the Dubai office was formally inaugurated. This not only signified its full physical presence in the Middle East, but also marked another significant milestone in its global expansion.

1. A Strategic Milestone in Global Expansion

The establishment of the Dubai office represents remarkable accomplishments in what HKFA has promoted global strategy. As a pivotal hub connecting Asia, Europe and Africa, Dubai holds a pivotal position in global wealth management, family offices and cross-border asset allocation.

Establishing its presence not only represents both a positive response to global wealth flows and client demands, but also demonstrates its long-term vision to expand its international service network while building a global trust ecosystem. This strategic foothold will serve as a vital pivot for connecting with Middle Eastern’s high-net-worth (HNW) clients and deepening cross-regional collaboration.

2. Natural Strategic Upgrading

 The inauguration of the Dubai office is not a spur-of-the-moment decision, but rather a strategic outcome of the HKFA’s deep cultivation of the Middle East market. Prior to this, we had been steadily expanding its business footprint across the region, while gradually integrating into the local financial and family wealth ecosystems. This established stable and profound relationships with many major financial institutions in this region.

By introducing a Hong Kong trust service framework that is mature, robust, highly aligned with legal standards, HKFA has devoted to offering specialised cross-border trust and wealth planning solutions to local HNW clients. This has gained strong market recognition and a good reputation, thus laying a solid foundation for the Dubai office’s establishment.

3. Charting a New Course for the Middle East

As a key proponent of the Middle East expansion strategy, Mr. Jason Tan, Vice President of Hong Kong Fiduciary Association Limited in UAE, shared his profound insights into the Dubai and Middle East markets during the inauguration ceremony and gala dinner. He noted:

“The inauguration of our Dubai office stands as a powerful testament to HKFA’s global vision. This not only signifies the successful expansion of our strategic footprint into the heart of the Middle East, but also heralds a brand new chapter. Moving forward, we shall capitalise on Dubai as a pivotal hub to continuously deepen cross-regional collaboration, while delivering more forward-thinking and internationally oriented trust solutions for HNW clients worldwide.’

4. In Conclusion

At this new juncture, the HKFA’s Dubai office will shoulder the vital mission of connecting Hong Kong with the Middle East, while extending its reach globally. By integrating international resources, deepening local partnerships, and strengthening cross-border service capabilities, we shall continue to advance global trust services in terms of professionalisation, internationalisation, and systematic development.

It is the belief that a bright future are ahead, and that we are ready to face whatever comes our way.