HSICDATA
HSIC V2.0Subclass

460701Wholesale of firewood, charcoal, coke and similar fuels

柴炭煤類燃料批發

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 firewood, charcoal, coke, and similar fuels. It includes the sale of these products in bulk to retailers, industrial users, and other businesses rather than direct sales to consumers.

This classification includes

  • charcoal, wholesale
  • coal, wholesale
  • coke, wholesale
  • firewood, 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

Medium

This activity typically involves trading with contracts negotiated offshore. However, the nature of the goods may require physical presence in Hong Kong for storage and distribution, which limits the feasibility of qualifying for offshore treatment.

Business registration wording

Suggested business nature for this activity

English

WHOLESALE OF FIREWOOD, CHARCOAL AND SIMILAR FUELS

49/60 characters

Chinese 中文

柴炭煤類燃料批發

8/30 characters

Test your own wording in the checker

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 calendar

Frequently asked questions

Do I need a license to wholesale fuels?

Yes, you need to comply with local regulations and obtain necessary licenses for wholesale activities.

How is tax applied to 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 maximize potential for offshore tax treatment.

Incorporate in Hong Kong

Starting a wholesale of firewood, charcoal, coke and similar fuels 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