460407Wholesale of rope, cord and netting appliances
繩索及網類用具批發
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 subclass covers the wholesale trade of various types of rope, cord, and netting appliances. It includes the wholesale distribution of products such as cordage, fishing nets for recreational use, ropes, and twine.
This classification includes
- cordage, wholesale
- fishing nets for recreation, wholesale
- rope, wholesale
- twine, 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
MediumWhile wholesale activities can be conducted offshore, the nature of this business often involves local contracts and customers. Many transactions may require physical presence in Hong Kong for logistics and distribution, limiting offshore treatment eligibility.
Business registration wording
Suggested business nature for this activity
English
WHOLESALE OF ROPE, CORD AND NETTING APPLIANCES
46/60 characters
Chinese 中文
繩索及網類用具批發
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 specific license for wholesale?
No specific license is required for wholesale of rope, cord, and netting appliances in Hong Kong. However, general business registration is mandatory.
How is tax applied to my wholesale profits?
Profits from wholesale activities are subject to Hong Kong's profits tax. If the business operates offshore, you may explore tax exemptions.
What are the operational requirements?
You need to register your business, maintain proper accounting records, and comply with local regulations regarding imports and sales.
Incorporate in Hong Kong
Starting a wholesale of rope, cord and netting appliances 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