460444Wholesale of toys
玩具批發
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 activity involves the wholesale distribution of various types of toys, including but not limited to dolls, action figures, and educational toys. It encompasses the buying and selling of toys in bulk to retailers or other businesses rather than directly to consumers.
This classification includes
- all kinds of toys, wholesale
- dolls' dress, 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
MediumThe wholesale of toys typically involves contracts negotiated with suppliers and retailers, which may occur offshore. However, the nature of the business often requires a physical presence in Hong Kong for logistics and distribution, limiting the potential for offshore tax treatment.
Business registration wording
Suggested business nature for this activity
English
WHOLESALE OF TOYS AND DOLLS' DRESSING ACCESSORIES
49/60 characters
Chinese 中文
玩具及洋娃娃服飾批發
10/30 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 toys?
No specific license is required for wholesale activities, but ensure compliance with safety regulations.
What are the tax implications for this business?
Profits from wholesale activities 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 regulations and have a registered office in Hong Kong.
Incorporate in Hong Kong
Starting a wholesale of toys 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