190200Petroleum refineries
石油精煉
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 processing of crude petroleum into various petroleum products through refining processes. It includes the production of fuels, lubricants, and other chemical products derived from petroleum.
This classification includes
- petroleum refining
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
LowPetroleum refining activities are typically conducted within Hong Kong due to regulatory requirements and the need for local infrastructure. Contracts for these services are usually negotiated and executed in Hong Kong, making it difficult to qualify for offshore treatment.
Business registration wording
Suggested business nature for this activity
English
PETROLEUM REFINING SERVICES AND OPERATIONS
42/60 characters
Chinese 中文
石油精煉服務及運作
9/30 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
What licenses are required for petroleum refining?
You will need to obtain specific licenses from the Environmental Protection Department and other relevant authorities to operate a petroleum refinery in Hong Kong.
How is tax applied to petroleum refining profits?
Profits from petroleum refining are subject to Hong Kong's corporate tax rates. There are no special tax incentives for this industry.
Are there any operational requirements for refineries?
Yes, operational requirements include compliance with environmental regulations, safety standards, and regular inspections by local authorities.
Incorporate in Hong Kong
Starting a petroleum refineries 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