HSICDATA
HSIC V2.0Subclass

431201Site formation and clearance

地盤開拓及整理

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 preparing land for construction by clearing existing structures, vegetation, and debris, as well as leveling and grading the site. It includes processes such as land reclamation, where new land is created from bodies of water, and site clearance to ensure the area is ready for future development.

This classification includes

  • land reclamation
  • site clearance
  • site formation

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

Site formation and clearance activities are typically performed on-site in Hong Kong. Contracts for these services are usually negotiated and concluded within the region, making them inherently tied to local premises and customers. This limits the potential for offshore tax treatment.

Business registration wording

Suggested business nature for this activity

English

SITE FORMATION AND CLEARANCE SERVICES FOR LAND DEVELOPMENT

58/60 characters

Chinese 中文

地盤開拓及整理服務

9/30 characters

Test your own wording in the checker

Industry statistics

How large is this sector in Hong Kong?

Official figures are compiled at industry level. These are for Construction (F), the industry this classification belongs to.

27,200

Establishments (2023)

195,800

Persons engaged (2023)

C&SD Annual Survey of Economic Activities 2023Verified 2026-07-14

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 site clearance?

Yes, a license is required for site clearance activities in Hong Kong. You must comply with local regulations.

What are the classification boundaries for this activity?

This activity falls under construction-related services, specifically focusing on land preparation and site management.

How is tax treated for site formation services?

Income from site formation services is subject to Hong Kong profits tax, as the activities are performed locally.

Incorporate in Hong Kong

Starting a site formation and clearance 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