HSICDATA
HSIC V2.0Subclass

139207Ribbon and tape cutting (excl. weaving of label and narrow fabrics)

絲帶及布帶切割(梭織標籤及窄幅布條除外)

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 cutting of ribbons and tapes into specified lengths and shapes, excluding the weaving processes associated with labels and narrow fabrics. It encompasses the preparation of these materials for various uses, such as packaging, crafts, and decorative purposes.

This classification includes

  • ribbon cutting
  • tape cutting

Classified elsewhere

These activities look similar but belong under different codes.

  • labels, weaving
  • narrow fabrics, weaving

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

Low

This activity is typically performed within Hong Kong, as it involves physical cutting services that require local premises. Contracts are often negotiated with local customers, making it difficult to qualify for offshore treatment.

Business registration wording

Suggested business nature for this activity

English

RIBBON AND TAPE CUTTING SERVICES AND OPERATIONS

47/60 characters

Chinese 中文

絲帶及布帶切割服務

9/30 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 for cutting ribbons?

No specific license is required for ribbon and tape cutting services in Hong Kong.

How is this activity classified for tax purposes?

This activity is classified under manufacturing and service operations, subject to standard corporate tax rates.

Can I operate this business from home?

Yes, you can operate a ribbon and tape cutting business from home, provided you comply with local zoning regulations.

Incorporate in Hong Kong

Starting a ribbon and tape cutting (excl. weaving of label and narrow fabrics) 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