460501Wholesale of motor vehicles
汽車批發
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 motor vehicles, including new and second-hand cars, buses, lorries, and trucks. It encompasses the sale of these vehicles to retailers, other businesses, or institutional buyers rather than directly to consumers.
This classification includes
- buses, wholesale
- lorries, wholesale
- motor cars, wholesale
- second-hand motor vehicles, wholesale
- trucks, 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
MediumProfits from wholesale activities can qualify for offshore treatment if contracts are negotiated and concluded outside of Hong Kong. However, the nature of the business often requires local operations and customer interactions, which ties it to Hong Kong.
Business registration wording
Suggested business nature for this activity
English
WHOLESALE OF MOTOR VEHICLES INCLUDING BUSES AND TRUCKS
54/60 characters
Chinese 中文
汽車批發包括巴士及貨車
11/30 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 specific license for wholesale?
Yes, you need a business registration certificate and may require additional licenses depending on the vehicle types.
What are the tax implications for wholesale activities?
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 ensure contracts are negotiated offshore to qualify for potential tax benefits.
Incorporate in Hong Kong
Starting a wholesale of motor vehicles 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