451446Export trading of watches and clocks
鐘錶出口貿易
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 export trading of watches and clocks, which includes the wholesale distribution of these timekeeping devices to international markets. It encompasses the procurement, storage, and sale of various types of watches and clocks for export purposes.
This classification includes
- clocks, export trading
- watches, 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
MediumWhile export trading can occur offshore, many contracts are negotiated and concluded in Hong Kong. The presence of local suppliers and logistics often ties the activity to Hong Kong, impacting the feasibility of claiming offshore tax benefits.
Business registration wording
Suggested business nature for this activity
English
EXPORT TRADING OF WATCHES AND CLOCKS
36/60 characters
Chinese 中文
鐘錶出口貿易
6/30 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 exporting watches?
No specific license is required for exporting watches, but ensure compliance with general export regulations.
How is the tax treatment for export trading?
Profits from export trading are generally not subject to Hong Kong profits tax if the trading activities are conducted outside Hong Kong.
What are the operational requirements?
You need to register your business and maintain proper records of transactions and contracts related to export activities.
Incorporate in Hong Kong
Starting a export trading of watches and clocks 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