460900Non-specialised wholesale
非專賣貨品批發
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 a variety of goods without specialization in any particular type. It includes domestic wholesalers who handle multiple commodities that are of equal significance in their operations, facilitating the sale of general merchandise to retailers or other businesses.
This classification includes
- domestic wholesaler handling more than two commodities which contribute equal importance
- general merchandise, 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 non-specialised wholesale activities may qualify for offshore treatment if contracts are negotiated and concluded outside of Hong Kong. However, the nature of wholesale often involves local customers and premises, which ties the activity to Hong Kong.
Business registration wording
Suggested business nature for this activity
English
NON-SPECIALISED WHOLESALE OF GENERAL MERCHANDISE
48/60 characters
Chinese 中文
非專賣貨品批發
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
What licenses do I need for wholesale?
You typically need a Business Registration Certificate. Additional licenses may be required depending on the commodities you handle.
How is tax applied to wholesale profits?
Wholesale profits are subject to Hong Kong profits tax unless qualifying for offshore treatment. Ensure proper documentation for tax purposes.
Can I operate this business from outside Hong Kong?
Yes, but you must ensure that your operations comply with local regulations and that contracts are negotiated offshore for potential tax benefits.
Incorporate in Hong Kong
Starting a non-specialised wholesale 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