460635Wholesale of cases and other parts for watches and clocks
鐘錶殼及其他鐘錶零件批發
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 components and parts used in the manufacturing and repair of watches and clocks. It includes items such as watch dials, watchbands, crystal covers, and metal spring bars, as well as other related accessories.
This classification includes
- clock dial, wholesale
- coils for electronic watch, wholesale
- crystal cover for watches and clocks, wholesale
- metal spring bar for electronic watch, wholesale
- watch dial, wholesale
- watch winder, wholesale
- watchband, 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 the business often involves dealing with local suppliers and customers. Contracts may be negotiated in Hong Kong, making it less likely to qualify for offshore treatment.
Business registration wording
Suggested business nature for this activity
English
WHOLESALE OF WATCH CASES AND OTHER WATCH COMPONENTS
51/60 characters
Chinese 中文
鐘錶殼及其他鐘錶零件批發
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 in Hong Kong, 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 the business remotely, but local presence may be beneficial for supplier and customer relations.
Incorporate in Hong Kong
Starting a wholesale of cases and other parts for 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