321101Cutting and setting of precious stones
寶石切割及鑲嵌
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, polishing, and setting of precious stones, including diamonds and jade. It encompasses the manufacturing processes required to transform raw precious stones into finished articles suitable for use in jewelry and other decorative items.
This classification includes
- articles of jade, manufacturing
- diamond, cutting and polishing
- jade, cutting and polishing
- precious stones n.e.c., cutting, polishing and setting
Licences and approvals
What this activity needs to operate
Activities under this code trigger the following licensing regimes. Emerhub prepares and files each application on your behalf.
Dealers in Precious Metals and Stones Category A Registration
Customs and Excise Department (C&ED)
Registration under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (Cap. 615) for dealers in precious metals, stones or products who engage in non-cash transactions of HKD 120,000 or more in Hong Kong. Category A registrants may not carry out cash transactions at or above that threshold; the certificate of registration is generally valid for three years.
Applies where the manufacturer also deals in precious metals or stones
Official sourceVerified 2026-07-14
Offshore profits claim feasibility
LowThis activity is typically tied to local premises and customers in Hong Kong. The services are often performed within the region, and contracts are usually negotiated with local clients, making it less feasible for offshore treatment.
Business registration wording
Suggested business nature for this activity
English
CUTTING AND SETTING OF PRECIOUS STONES
38/60 characters
Chinese 中文
寶石切割及鑲嵌
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 for cutting stones?
Yes, you may need a business registration and specific licenses depending on your operations.
What are the tax implications for this business?
Profits from this activity are subject to Hong Kong profits tax, as it is generally considered a local business.
Can I operate this business from abroad?
Operating from abroad is challenging due to the need for local presence and customer engagement in Hong Kong.
Incorporate in Hong Kong
Starting a cutting and setting of precious stones 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