HSICDATA
HSIC V2.0Subclass

012000Growing of fruits, drug and beverage crops and other perennial crops

水果、藥用與飲料作物及其他多年生農作物的種植

Why 6 digits?

HSIC subclasses are 6 digits. The first four match the international ISIC class; Hong Kong adds a two-digit local suffix for finer detail, especially across its import and export trade, so a code steps from a 4-digit class straight to a 6-digit subclass. More on the HSIC structure.

This activity involves the cultivation of various perennial crops, including fruits, beverage crops such as coffee and tea, nuts, and rubber trees. It also encompasses the growing of spices, aromatic plants, and pharmaceutical crops, which are cultivated for their medicinal properties.

This classification includes

  • growing of beverage crops (e.g. coffee, tea)
  • growing of fruits
  • growing of grapes
  • growing of nuts
  • growing of rubber trees or Christmas trees
  • growing of spices, aromatic, drug and pharmaceutical crops

Licences and approvals

What this activity needs to operate

No sector-specific licence applies to this activity. It can be set up as a standard Hong Kong company without extra regulatory approvals. Premises-based or product-based permits can still apply case by case; Emerhub confirms the exact position during scoping.

Offshore profits claim feasibility

Medium

While some aspects of growing crops can be conducted offshore, the nature of agriculture often requires physical presence in Hong Kong for operations and sales. Contracts for these activities are typically negotiated locally, making it challenging to qualify for offshore treatment.

Business registration wording

Suggested business nature for this activity

English

GROWING OF FRUITS AND BEVERAGE CROPS AND PERENNIAL CROPS

56/60 characters

Chinese 中文

水果與飲料作物及多年生農作物的種植

17/30 characters

Test your own wording in the checker

Standard compliance

Compliance every Hong Kong company shares

Beyond anything specific to this activity, every Hong Kong company handles two-tiered profits tax, the annual return (Form NAR1) within 42 days of its incorporation anniversary, audited accounts, MPF enrolment for staff, and a company secretary. Emerhub runs all of it on your behalf.

See the full Hong Kong compliance calendar

Frequently asked questions

Do I need a license to grow crops?

Yes, you may need specific agricultural licenses depending on the type of crops you intend to grow.

What are the tax implications for my business?

Profits from agricultural activities may be subject to Hong Kong profits tax unless qualifying for offshore treatment.

Can I operate my business entirely online?

While some aspects can be managed online, physical cultivation and sales are essential for this activity.

Incorporate in Hong Kong

Starting a growing of fruits, drug and beverage crops and other perennial crops business in Hong Kong?

Emerhub incorporates your company, registers the business nature above with the IRD, files every licence application, and runs your company secretary and compliance calendar. You provide the documents; Emerhub handles every government interaction.

Start incorporation with Emerhub