452204Import for wholesale of rubber
橡膠進口批發
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 wholesale importation of rubber products, including items such as rubber bands and rubber stripes. It encompasses the procurement and distribution of these rubber goods to retailers or other businesses.
This classification includes
- rubber band, import for wholesale
- rubber stripes, import for wholesale
- rubber, import for wholesale
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
MediumProfits from rubber wholesale activities may qualify for offshore treatment if contracts are negotiated outside Hong Kong. However, the nature of the business often requires local operations and customer interactions, which ties it to Hong Kong.
Business registration wording
Suggested business nature for this activity
English
IMPORT FOR WHOLESALE OF RUBBER INCLUDING RUBBER BANDS
53/60 characters
Chinese 中文
橡膠進口批發
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 to import rubber?
Yes, you may need to obtain an import license depending on the specific type of rubber products.
What are the tax implications for importing rubber?
Importing rubber may incur customs duties and VAT. Consult a tax advisor for specific implications.
Can I operate this business from outside Hong Kong?
Yes, but ensure that contracts are negotiated offshore to maximize potential tax benefits.
Incorporate in Hong Kong
Starting a import for wholesale of rubber 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