460744Wholesale of waste and scrap
廢物及廢料批發
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 trade of various types of waste and scrap materials. It includes the wholesale of cloth waste, metal scraps, paper waste, and waste aluminum cans from soft drinks and carbonated waters.
This classification includes
- cloth waste, wholesale
- metal scraps, wholesale
- paper waste, wholesale
- waste aluminium cans of soft drinks and carbonated waters, 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 some trading activities can be conducted offshore, the nature of waste and scrap wholesale often involves local operations and customers. Contracts are typically negotiated within Hong Kong, making it challenging to qualify for offshore treatment.
Business registration wording
Suggested business nature for this activity
English
WHOLESALE OF WASTE AND SCRAP INCLUDING METAL AND PAPER
54/60 characters
Chinese 中文
廢物及廢料批發
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 special license for this activity?
Yes, you may need a waste disposal license depending on the materials involved.
How is this business classified for tax purposes?
This business is classified under wholesale trade and is subject to Hong Kong's profits tax.
Can I operate this business entirely online?
While online operations are possible, local presence and logistics are often necessary for waste and scrap trading.
Incorporate in Hong Kong
Starting a wholesale of waste and scrap 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