476200Retail sale of music and video recordings
錄音及錄像零售店
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 music and video recordings in various formats, including CDs, DVDs, recorded tapes, and records. It also encompasses the sale of unrecorded video tapes, catering to consumers looking for physical media for entertainment purposes.
This classification includes
- CDs and DVDs, retail sale
- recorded tapes, retail sale
- records, retail sale
- unrecorded video tapes, 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
LowThis activity is inherently tied to Hong Kong as it involves retail sales to local customers. Contracts are typically negotiated and concluded within Hong Kong, and the services are performed at physical retail locations in the region.
Business registration wording
Suggested business nature for this activity
English
RETAIL SALE OF MUSIC AND VIDEO RECORDINGS
41/60 characters
Chinese 中文
錄音及錄像零售店
8/30 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 music and video recordings?
Yes, you may need to obtain a license for retailing music and video recordings, depending on the content and distribution rights.
What are the tax implications for this business?
Profits from this business are subject to Hong Kong profits tax, as the activities are conducted within the territory.
Can I sell digital music and videos online?
Yes, you can sell digital music and videos online, but ensure compliance with copyright laws and licensing agreements.
Incorporate in Hong Kong
Starting a retail sale of music and video recordings 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