460425Wholesale of Chinese drugs and herbs
中成藥及中草藥批發
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 Chinese drugs and herbs, including various traditional medicinal products such as Chinese medicated wine, bone-setting medicated liquor, and tonic wine. It encompasses the bulk sale of these items to retailers, healthcare providers, and other businesses.
This classification includes
- Chinese drugs, wholesale
- Chinese herbs, wholesale
- Chinese medicated wine, wholesale
- bone-setting medicated liquor, wholesale
- tonic wine, 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 Chinese drugs and herbs often requires local licensing and compliance with Hong Kong regulations. Additionally, contracts are frequently negotiated with local suppliers and customers, which ties the business to Hong Kong.
Business registration wording
Suggested business nature for this activity
English
WHOLESALE OF CHINESE DRUGS AND HERBS
36/60 characters
Chinese 中文
中成藥及中草藥批發
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 license to wholesale Chinese drugs?
Yes, you need a license from the Department of Health to wholesale Chinese drugs and herbs in Hong Kong.
What are the 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 from outside Hong Kong?
Yes, but you must ensure compliance with local laws and regulations regarding the import and sale of Chinese drugs.
Incorporate in Hong Kong
Starting a wholesale of chinese drugs and herbs 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