452501Import for wholesale of motor vehicles
汽車進口批發
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 various types of motor vehicles, including motor cars, buses, lorries, trucks, and second-hand vehicles. It encompasses the procurement and distribution of these vehicles to retailers or other businesses rather than direct sales to consumers.
This classification includes
- buses, import for wholesale
- lorries, import for wholesale
- motor cars, import for wholesale
- second-hand motor vehicles, import for wholesale
- trucks, 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
LowThis activity involves importing motor vehicles for wholesale, which is typically conducted within Hong Kong. Contracts are often negotiated and concluded locally, and the business relies on local premises and customers.
Business registration wording
Suggested business nature for this activity
English
IMPORT FOR WHOLESALE OF MOTOR VEHICLES
38/60 characters
Chinese 中文
汽車進口批發
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 special license to import vehicles?
Yes, you need an import license from the Transport Department to import motor vehicles into Hong Kong.
What are the tax implications for this business?
Profits from wholesale activities are subject to Hong Kong profits tax. Ensure compliance with local tax regulations.
Can I import second-hand vehicles?
Yes, you can import second-hand motor vehicles, but they must meet Hong Kong's safety and environmental standards.
Incorporate in Hong Kong
Starting a import for wholesale of motor vehicles 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