131199Spinning n.e.c.
其他紡紗
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 subclass covers the spinning of yarns not elsewhere classified, including processes such as yarn doubling, reeling, twisting, warping, and winding. It encompasses the production of silk yarn and other types of yarns that do not fall into specific categories within the spinning industry.
This classification includes
- silk yarn, spinning
- yarn doubling
- yarn reeling
- yarn twisting
- yarn warping
- yarn winding
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
LowThe spinning of yarn and fibers is typically conducted within Hong Kong and involves local customers and suppliers. Contracts are often negotiated and concluded in Hong Kong, making it difficult for profits to qualify for offshore treatment.
Business registration wording
Suggested business nature for this activity
English
SPINNING OF YARN AND FIBERS INCLUDING SILK AND TWISTING
55/60 characters
Chinese 中文
紡紗及纖維加工
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 specific license for spinning yarn?
Yes, you may need to comply with local manufacturing regulations and obtain relevant licenses.
How is my business classified under HSIC?
Your business falls under HSIC subclass 131199 for spinning yarn and fibers, including silk.
What are the tax implications for my business?
Profits from this activity are subject to Hong Kong profits tax, as it is considered a local business operation.
Incorporate in Hong Kong
Starting a spinning n.e.c. 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