460446Wholesale of watches and clocks
鐘錶批發
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 watches and clocks. It includes the sale of various types of timepieces to retailers or other businesses, rather than directly to consumers.
This classification includes
- clocks, wholesale
- watches, 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, they often involve contracts negotiated in Hong Kong. The presence of local customers and the need for local licenses can further tie this activity to Hong Kong, affecting offshore treatment eligibility.
Business registration wording
Suggested business nature for this activity
English
WHOLESALE OF WATCHES AND CLOCKS
31/60 characters
Chinese 中文
鐘錶批發
4/30 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?
Yes, a business registration certificate is required for wholesale activities in Hong Kong.
Can I operate this business remotely?
Yes, you can manage the business remotely, but local compliance and registration are necessary.
What are the tax implications?
Profits from wholesale activities are subject to Hong Kong profits tax unless qualifying for offshore treatment.
Incorporate in Hong Kong
Starting a wholesale of watches and clocks 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