HSICDATA
HSIC V2.0Subclass

460203Wholesale of leather (incl. imitation leather and other plastic sheetings)

皮革批發(包括人造皮及其他塑膠皮)

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 distribution of leather and related materials, including imitation leather and various types of plastic sheetings. It encompasses the sale of products such as animal skins, PVC materials for furniture, and foam rubber, primarily to retailers or other businesses rather than directly to consumers.

This classification includes

  • PVC and imitation leather material for furniture, wholesale
  • animal skin and tanneries, wholesale
  • foam rubber, wholesale
  • leather material, wholesale
  • plastic sheetings, wholesale
  • rabbit hair, 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

Medium

While wholesale activities can be conducted offshore, they often involve contracts negotiated in Hong Kong. Additionally, the nature of the business may require local presence for logistics and distribution, which ties it to Hong Kong operations.

Business registration wording

Suggested business nature for this activity

English

WHOLESALE OF LEATHER AND IMITATION LEATHER PRODUCTS

51/60 characters

Chinese 中文

皮革及人造皮革批發

9/30 characters

Test your own wording in the checker

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 calendar

Frequently asked questions

Do I need a license for wholesale activities?

No specific license is required for wholesale of leather products, but general business registration is necessary.

What are the tax implications for this business?

Profits from wholesale activities are subject to Hong Kong profits tax unless qualifying for offshore treatment.

Can I operate this business entirely online?

Yes, but ensure compliance with local regulations and consider logistics for product delivery.

Incorporate in Hong Kong

Starting a wholesale of leather (incl. imitation leather and other plastic sheetings) 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