460423Wholesale of books, periodicals and newspapers
書報及期刊批發
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 books, magazines, newspapers, and periodicals. It includes the buying and selling of these printed materials in bulk to retailers, libraries, and other businesses rather than directly to consumers.
This classification includes
- books, wholesale
- magazines, wholesale
- newspapers, wholesale
- periodicals, 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
LowThe wholesale of books, periodicals, and newspapers typically involves transactions with local customers and requires physical presence in Hong Kong for distribution. Contracts are often 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 BOOKS, PERIODICALS AND NEWSPAPERS
46/60 characters
Chinese 中文
書報及期刊批發
7/30 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 books?
No specific license is required for wholesale activities, but you must register your business.
Are there any tax implications for this business?
Profits from this activity are subject to Hong Kong profits tax unless qualifying for offshore treatment.
Can I operate this business online?
Yes, you can operate online, but ensure compliance with local regulations and tax obligations.
Incorporate in Hong Kong
Starting a 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