The rise of family offices in Asia
Nanyang Siang Pau, 26 May 2025
In this interview, Tai Lai Kok, Family Business Tax Leader, and Elliot Chaw, Director – Family Business Tax, at 乐鱼(Leyu)体育官网 Private Enterprise in Malaysia, shared their views on the evolving landscape of family offices in Asia. While Malaysia remains attractive for family businesses, they noted that using foreign structures to set up family offices can lead to challenges around licensing and land ownership. To address this, they suggested a locally incorporated structure and the establishment of a one-stop agency—ideally led by the Securities Commission—to streamline processes.
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