451438Export trading of sacks and bags (excl. handbags and travelling bags)
袋類製品出口貿易(手袋及旅行袋除外)
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 subclass covers the export trading of various types of sacks and bags, excluding handbags and travelling bags. It includes the trading of gunny bags, plastic bags, and textile bags specifically for export purposes.
This classification includes
- gunny bags, export trading
- plastic bags, export trading
- textile bags, export trading
Classified elsewhere
These activities look similar but belong under different codes.
- paper bags, export trading
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
MediumThis activity involves trading goods, which can be conducted offshore. However, the nature of the business may require some operations or contracts to be tied to Hong Kong, affecting the feasibility of qualifying for offshore treatment.
Business registration wording
Suggested business nature for this activity
English
EXPORT TRADING OF SACKS AND BAGS EXCLUDING HAND BAGS
52/60 characters
Chinese 中文
袋類製品出口貿易(手袋及旅行袋除外)
18/30 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 export trading?
No specific license is required for export trading of sacks and bags in Hong Kong, but compliance with general trading regulations is necessary.
How is tax applied to export profits?
Profits from export trading are generally not subject to Hong Kong profits tax if the trading activities are conducted outside of Hong Kong.
What are the operational requirements?
You need to register your business and maintain proper records of transactions, including contracts and invoices related to export activities.
Incorporate in Hong Kong
Starting a export trading of sacks and bags (excl. handbags and travelling bags) 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