451744Export trading of waste and scrap
廢物及廢料出口貿易
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 various types of waste and scrap materials, including cloth waste, metal scraps, paper waste, and waste aluminum cans from soft drinks and carbonated waters. It encompasses the buying and selling of these materials for recycling or reuse in international markets.
This classification includes
- cloth waste, export trading
- metal scraps, export trading
- paper waste, export trading
- waste aluminium cans of soft drinks and carbonated waters, 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 with local suppliers and customers in Hong Kong. The nature of the business often requires physical presence in Hong Kong for logistics and compliance, which limits offshore treatment.
Business registration wording
Suggested business nature for this activity
English
EXPORT TRADING OF WASTE AND SCRAP MATERIALS
43/60 characters
Chinese 中文
廢物及廢料出口貿易
9/30 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 waste trading?
Yes, you may need specific licenses for trading waste materials, depending on the type of waste.
How is tax treated for export trading?
Profits from export trading may be subject to Hong Kong profits tax unless qualifying for offshore treatment.
What are the operational requirements?
You must comply with local regulations on waste management and ensure proper documentation for exports.
Incorporate in Hong Kong
Starting a export trading of waste and scrap 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