050000Mining of coal and lignite
煤和褐煤的採掘
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 extraction of coal and lignite from the earth. It includes the mining of hard coal, which is used primarily for energy production and industrial processes, as well as lignite, also known as brown coal, which is typically used for electricity generation.
This classification includes
- mining of hard coal
- mining of lignite (brown coal)
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
LowMining activities are typically conducted on-site and require physical presence in Hong Kong. Contracts for mining operations are often negotiated locally, and the services are inherently tied to the region's resources and regulations.
Business registration wording
Suggested business nature for this activity
English
MINING OF COAL AND LIGNITE INCLUDING HARD COAL
46/60 characters
Chinese 中文
煤和褐煤的採掘
7/30 characters
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 calendarFrequently asked questions
Do I need a license to mine in Hong Kong?
Yes, mining activities require specific licenses from the Hong Kong government.
What are the tax implications for mining profits?
Profits from mining activities are subject to Hong Kong profits tax, as they are considered local operations.
Can I operate a mining business remotely?
No, mining requires physical operations on-site and cannot be conducted entirely remotely.
Incorporate in Hong Kong
Starting a mining of coal and lignite 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