Automatic Exchange of Financial Account Information (AEOI) –
Reporting Financial Institution Self-assessment Tool

Purpose

This self-assessment tool is intended to aid entities to determine whether they are reporting financial institutions (FIs) in Hong Kong in accordance with section 50A of the Inland Revenue Ordinance (Cap.112) (IRO).

For more details on the requirements and obligations of Hong Kong FIs under AEOI, and any term that is not defined in this tool, please refer to the relevant AEOI provisions under the IRO, Guidance for Financial Institutions, FAQs and other relevant information contained in the Department’s website, as well as the Common Reporting Standard (CRS) Implementation Handbook, Commentaries to the CRS and CRS-related FAQs published by the Organisation for Economic Co-operation and Development.

Disclaimer

This tool provides a non-binding reference for self-evaluating whether an entity qualifies as a reporting financial institution in Hong Kong under AEOI. Actual status depends strictly on factual circumstances. While the Department endeavors to provide accurate information, it makes no warranties regarding the completeness or accuracy of this tool. The information provided by this tool does not constitute, and should not be relied upon as, formal tax advice. If you have any questions or uncertainties regarding your entity's classification, please consult a qualified tax professional. The Department shall not be held liable for any loss, damage, or expense resulting directly or indirectly from the use of, or reliance on, this tool by any party.

💡 Note: Changing an earlier answer will reset all subsequent questions and results.

What is the legal form of the Entity?

The Entity is a company.

The Entity is a trust.

The Entity is neither a company nor a trust.

Does the Entity meet the definition of a Custodial Institution, i.e. holds financial assets (Note A) for the account of another individual or entity and its gross income attributable to the holding of financial assets and related financial services (Note B) equals or exceeds 20% of the entity’s gross income during the shorter of the following:

the 3-year period that ends on 31 December (or the final day of a non-calendar year accounting period) prior to the year in which the determination as to whether the Entity is a custodial institution is made; or
the period during which the Entity has been in existence.

Yes. The Entity is a Custodial Institution.

No.

Does the Entity meet at least one of the following definitions of an Investment Entity?

A corporation licensed under the Securities and Futures Ordinance (Cap. 571) to carry out one or more of the following regulated activities (as defined by section 1 of Part 1 of Schedule 1 to that Ordinance):
1. dealing in securities;
2. dealing in futures contracts;
3. leveraged foreign exchange trading;
4. asset management;
an institution registered under the Securities and Futures Ordinance (Cap. 571) to carry out one or more of the following regulated activities (as defined by section 1 of Part 1 of Schedule 1 to that Ordinance):
1. dealing in securities;
2. dealing in futures contracts;
3. asset management;
a collective investment scheme authorized under the Securities and Futures Ordinance (Cap. 571); or
an entity that primarily (Note D) conducts as its business one or more of the following activities or operations for its customers:
1. trading in
  1. money market instruments, including cheques, bills, certificates of deposit, and derivatives;
  2. foreign exchange;
  3. exchange, interest rate and index instruments;
  4. transferable securities; or
  5. commodity futures;
2. individual and collective portfolio management; or
3. otherwise investing, administering, or managing financial assets or money on behalf of other entity or individual.

Yes. The Entity is an Investment Entity.

No.

Does the Entity meet the following definitions of a Managed Investment Entity (Type B Investment Entity), i.e. managed by (Note E) another financial institution and the entity’s gross income is primarily (Note F) attributable to investing, reinvesting, or trading in financial assets?

An entity that is managed by a custodial institution, a depository institution, a specified insurance company, or an investment entity; and the entity's gross income is primarily attributable to investing, reinvesting, or trading in financial assets; and
is a participating jurisdiction financial institution.

Yes. The Entity is an Investment Entity.

No.

Based on your answers to the above questions, the Entity is likely a financial institution. If the Entity meets the definition of a reporting financial institution, it is subject to mandatory registration via the AEOI Portal.

Definition of Reporting Financial Institution:

a financial institution that is resident in Hong Kong (excluding any branch of the financial institution located outside Hong Kong); or
a branch located in Hong Kong of a financial institution that is not resident in Hong Kong,

but does not include a non-reporting financial institution.

Is the Entity, which is a company, a Hong Kong tax resident or a branch located in Hong Kong of a financial institution that is not resident in Hong Kong?

A Company is a Hong Kong tax resident if-

it is incorporated in Hong Kong (Note G); or
if incorporated outside Hong Kong, is normally managed or controlled in Hong Kong; and
where the financial institution is not subject to taxation as a resident in any territory:
1. it is incorporated in Hong Kong (Note G) or constituted under the laws of Hong Kong;
2. it has its place of management (including effective management) in Hong Kong; or
3. it is subject to financial supervision in Hong Kong.

Yes.

No.

Definition of Reporting Financial Institution:

a financial institution that is resident in Hong Kong (excluding any branch of the financial institution located outside Hong Kong); or
a branch located in Hong Kong of a financial institution that is not resident in Hong Kong,

but does not include a non-reporting financial institution.

Is the Entity, which is a trust, a Hong Kong tax resident or a branch located in Hong Kong of a financial institution that is not resident in Hong Kong?

A trust is a Hong Kong tax resident if-

it is constituted under the laws of Hong Kong;
if constituted outside Hong Kong, it is normally managed or controlled in Hong Kong; or
if both of the descriptions in subparagraphs (a) and (b) are not met, one or more of its trustees are resident in Hong Kong (Note G).

Yes.

No.

Definition of Reporting Financial Institution:

a financial institution that is resident in Hong Kong (excluding any branch of the financial institution located outside Hong Kong); or
a branch located in Hong Kong of a financial institution that is not resident in Hong Kong,

but does not include a non-reporting financial institution.

Is the Entity a Hong Kong tax resident or a branch located in Hong Kong of a financial institution that is not resident in Hong Kong?

The Entity is a Hong Kong tax resident if-

it is constituted under the laws of Hong Kong; or
if constituted outside Hong Kong, is normally managed or controlled in Hong Kong; and
where the financial institution is not subject to taxation as a resident in any territory:
1. it is incorporated in Hong Kong or constituted under the laws of Hong Kong;
2. it has its place of management (including effective management) in Hong Kong; or
3. it is subject to financial supervision in Hong Kong.

Yes.

No.

Assessment completed.

The Entity is a reporting financial institution. The Entity has to follow the instructions below to register an AEOI Account via the AEOI Portal:

AEOI Account Registration Requirements for Reporting Financial Institutions
Period	Reporting financial institutions currently maintaining reportable account(s)	Reporting financial institutions have not yet maintained reportable account(s)
From now to 31 December 2026	Give notice in the form of an electronic record via the AEOI Portal to the Commissioner within 3 months after the date of the first occasion on which they commenced to maintain a reportable account. Reporting financial institution has to register an AEOI Account to submit the notification.	Reporting financial institutions may register an AEOI Account even if they have not yet commenced to maintain any reportable account.
Starting from 1 January 2027		If financial institutions have become reporting financial institutions before 1 January 2027 but remain unregistered, they are required to register in the AEOI Portal by 31 March 2027. For financial institutions becoming reporting financial institutions since 1 January 2027, they are required to register in the AEOI Portal by 31 January of the year following the calendar year in which the financial institutions first become reporting financial institutions.

Automatic Exchange of Financial Account Information (AEOI) – Reporting Financial Institution Self-assessment Tool

Purpose

Assessment completed.

Assessment completed.

Assessment completed.

Assessment completed.

Automatic Exchange of Financial Account Information (AEOI) –
Reporting Financial Institution Self-assessment Tool