460742Wholesale of paints and varnishes
油漆及清漆批發
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 paints and varnishes. It includes the sale of these products to retailers, contractors, and other businesses, rather than directly to consumers.
This classification includes
- paints, wholesale
- varnishes, 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 this business often involves local suppliers and customers. Contracts are typically negotiated in Hong Kong, making it challenging to qualify for offshore treatment.
Business registration wording
Suggested business nature for this activity
English
WHOLESALE OF PAINTS AND VARNISHES
33/60 characters
Chinese 中文
油漆及清漆批發
7/30 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 paints?
Yes, you need to register your business and may require specific licenses depending on the products.
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 entirely online?
Yes, but ensure compliance with local regulations and consider logistics for delivery and supply.
Incorporate in Hong Kong
Starting a wholesale of paints and varnishes 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