460315Wholesale of rice
食米批發
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 distribution of rice, which includes the buying and selling of rice in bulk to retailers, restaurants, and other businesses. It encompasses various types of rice, including white, brown, and specialty varieties, but does not include retail sales directly to consumers.
This classification includes
- rice, 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
LowThe wholesale of rice typically involves operations tied to local suppliers and customers in Hong Kong. Contracts are usually negotiated and concluded within the region, making it difficult to qualify for offshore treatment.
Business registration wording
Suggested business nature for this activity
English
WHOLESALE OF RICE (食米批發)
24/60 characters
Chinese 中文
食米批發
4/30 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 wholesale rice?
Yes, you may need a food business license to operate legally.
What are the tax implications for this business?
Profits from wholesale activities in Hong Kong are subject to local tax regulations.
Can I operate this business from outside Hong Kong?
While possible, local operations and customer interactions are typically required.
Incorporate in Hong Kong
Starting a wholesale of rice 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