452423Import for wholesale of books, periodicals and newspapers
書報及期刊進口批發
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 books, periodicals, magazines, and newspapers. It encompasses the procurement and distribution of these printed materials for resale to retailers or other businesses.
This classification includes
- books, import for wholesale
- magazines, import for wholesale
- newspapers, import for wholesale
- periodicals, import for wholesale
Classified elsewhere
These activities look similar but belong under different codes.
- publishing of books, periodicals and newspapers, with or without printing
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 the import and wholesale of books and periodicals can involve offshore contracts, the nature of the business often requires physical presence in Hong Kong for distribution. Additionally, sales are typically made to local customers, which ties the activity to the Hong Kong market.
Business registration wording
Suggested business nature for this activity
English
IMPORT FOR WHOLESALE OF BOOKS, PERIODICALS AND NEWSPAPERS
57/60 characters
Chinese 中文
書報及期刊進口批發
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 to import books?
Yes, you may need to comply with local regulations regarding the importation of books, especially if they contain sensitive content.
How is tax applied to wholesale activities?
Wholesale activities in Hong Kong are subject to profits tax. However, if profits are derived from offshore activities, they may qualify for tax exemptions.
What are the operational requirements?
You need to register your business, maintain proper records, and comply with import regulations. Ensure you have a reliable supply chain for your products.
Incorporate in Hong Kong
Starting a import for wholesale of books, periodicals and newspapers 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