Vivien Teu & Co LLP is delighted to be a recipient of the China Business Law Awards 2019 conferred by the China Business Law Journal.

The firm is recognised as an award winner in the category of Family Wealth Management – International Law Firm.

The China Business Law Awards of China Business Law Journal are conferred based on votes and recommendations from corporate counsel, senior managers and legal professionals around the world, and an evaluation of the notable achievements of winning firms.

Due to tremendous increase in wealth and numbers of ultra-high-net-worths and high-net-worths families in China and broader Asia, there has in recent years been great demand for professionals and specific expertise in the family wealth management sector to service the growing needs, along with more family offices being established.

The functions of a family office and the design, form and structure for family wealth management can vary significantly from one family to another depending on the unique circumstances of each family. Relevant considerations including succession planning for the family business and investments, leaving a legacy and succession planning for generational transfer of assets can be quite different.

With our award win, we are happy to share again our publication that takes a deep dive into analysing the elements and relevant issues for family wealth management. With our practice focus across securities and private equity investments, corporate, funds, trusts and tax, we look forward to working with more partners in contributing and shaping the sector to meet client needs.