451702Export trading of oil fuels and lubricants
燃油及潤滑油出口貿易
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 oil fuels and lubricants, including automotive fuels, coolants, and various types of lubricants. It encompasses the wholesale distribution and sale of these products to international markets.
This classification includes
- automotive fuel, export trading
- coolant, export trading
- lubricant, 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
HighProfits from export trading of oil fuels and lubricants can qualify for offshore treatment as contracts are typically negotiated and concluded outside of Hong Kong. The trading activities can be performed entirely outside of Hong Kong, minimizing local ties.
Business registration wording
Suggested business nature for this activity
English
EXPORT TRADING OF OIL FUELS AND LUBRICANTS
42/60 characters
Chinese 中文
燃油及潤滑油出口貿易
10/30 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 special license for trading oil fuels?
Yes, you may require specific licenses depending on the type of oil fuels and lubricants you intend to trade.
How is tax applied to profits from this activity?
If the trading is conducted offshore, profits may not be subject to Hong Kong profits tax, provided the activities meet the offshore criteria.
What are the operational requirements for this business?
You need to comply with local regulations, including obtaining necessary permits and ensuring proper documentation for export activities.
Incorporate in Hong Kong
Starting a export trading of oil fuels and lubricants 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