460438Wholesale of sacks and bags (excl. handbags and travelling bags)
袋類製品批發(手袋及旅行袋除外)
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 various types of sacks and bags, excluding handbags and travelling bags. It includes the wholesale trade of gunny bags, plastic bags, and textile bags, catering to businesses that require these products for packaging and transportation.
This classification includes
- gunny bags, wholesale
- plastic bags, wholesale
- textile bags, wholesale
Classified elsewhere
These activities look similar but belong under different codes.
- paper bags, 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
MediumThis activity involves wholesale trading which can be conducted offshore. However, the nature of the business may require some local operations or customer interactions in Hong Kong, impacting its offshore viability.
Business registration wording
Suggested business nature for this activity
English
WHOLESALE OF SACKS AND BAGS (EXCLUDING HANDBAGS)
48/60 characters
Chinese 中文
袋類製品批發(手袋除外)
12/30 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 for wholesale?
No specific license is required for wholesale activities, but general business registration is necessary.
What are the tax implications?
Profits from wholesale activities are subject to Hong Kong profits tax unless qualifying for offshore treatment.
Can I operate this business remotely?
Yes, you can manage wholesale operations remotely, but ensure compliance with local regulations.
Incorporate in Hong Kong
Starting a wholesale of sacks and bags (excl. handbags and travelling bags) 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