472108Retail sale of rice
食米零售店
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 retail sale of rice to consumers. It includes the sale of various types of rice, whether packaged or in bulk, through physical stores or other retail outlets.
This classification includes
- rice, retail sale
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
LowThe retail sale of rice is inherently tied to Hong Kong premises and customers. Contracts for sales are typically negotiated and concluded within Hong Kong, making it difficult to qualify for offshore treatment. The nature of the business requires a physical presence in the local market.
Business registration wording
Suggested business nature for this activity
English
RETAIL SALE OF RICE AND RELATED PRODUCTS
40/60 characters
Chinese 中文
食米零售
4/30 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 sell rice?
Yes, you need a business registration certificate to operate a retail rice store in Hong Kong.
What are the tax implications for my business?
Retail businesses in Hong Kong are subject to profits tax on income generated within the territory.
Can I operate this business online?
Yes, you can sell rice online, but you still need to comply with local regulations and obtain the necessary licenses.
Incorporate in Hong Kong
Starting a retail sale of rice 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