477202Retail sale of medicines and health supplements (with or without selling cosmetics and personal care products)
藥物及健康補給品零售店(兼售或不兼售化妝品及個人護理用品)
IRD business nature helper
Business Registration wording for this activity
The business nature on your Business Registration Certificate is limited to 60 English characters printed over two 30-character lines, and 30 Chinese characters. Test your wording below.
47/60 charactersFits the certificate
10/30 characters
Certificate preview
Business Registration Certificate
商業登記證 (layout preview)
Nature of business 業務性質
The IRD prints the English business nature across two lines of 30 characters. Text that cannot break cleanly at a word boundary gets wrapped or truncated on the printed certificate.
Compliance and incorporation playbook
Licences and regulatory approvals
Activities under this code trigger the following licensing regimes. Emerhub prepares and files each application on your behalf.
Wholesale Dealer Licence (and Pharmacy / Authorized Seller of Poisons registration)
Department of Health (Drug Office) and Pharmacy and Poisons Board of Hong Kong
A company dealing in any poison or pharmaceutical product by way of wholesale must first obtain a Wholesale Dealer Licence under the Pharmacy and Poisons Ordinance (Cap. 138), with additional permits required for antibiotics and dangerous drugs. Retail sale of controlled medicines from a pharmacy requires registration of the premises as an Authorized Seller of Poisons under the personal control of a registered pharmacist. Premises must be commercial or industrial with adequate lockable storage, and a person-in-charge must be approved by the Pharmacy and Poisons (Wholesale Licences) Committee.
Retail pharmacies need Authorized Seller of Poisons registration
- Processing time
- Department of Health performance pledge: application processed and approved within two months if all required documents are submitted and storage facilities are satisfactory
Official sourceVerified 2026-07-14
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 the region, making it difficult to qualify for offshore treatment. The nature of the business requires a physical presence in Hong Kong.
Profits Tax Return deadlines under the Block Extension Scheme
With Emerhub as your tax representative, the filing deadline for the Profits Tax Return (BIR51) extends far beyond the standard one month, depending on your accounting year-end. A 31 December year-end extends the filing to August of the following year.
| Year-end | IRD code | Without representative | With Emerhub as tax rep |
|---|---|---|---|
| 1 April to 30 November | N | Within 1 month of return issue | No block extension: early May of the following year |
| 1 December to 31 December | D | Within 1 month of return issue | Mid-August of the following year |
| 1 January to 31 March | M | Within 1 month of return issue | Mid-November of the same year |
Inland Revenue Department, Block Extension SchemeVerified 2026-07-14
Standing compliance calendar
These obligations apply to every Hong Kong company regardless of industry. Each fact links to its primary government source.
Two-tiered profits tax
Incorporated businesses pay 8.25% profits tax on the first HKD 2 million of assessable profits and 16.5% on the remainder. Only one entity within a group can elect the two-tiered rates.
Inland Revenue DepartmentVerified 2026-07-14
Annual Return (Form NAR1)
A private company delivers its Annual Return to the Companies Registry within 42 days of each anniversary of incorporation. Emerhub prepares and files the NAR1 as part of company secretary service, so the deadline never reaches your calendar.
Companies RegistryVerified 2026-07-14
Business Registration Certificate renewal
Every business carries a valid Business Registration Certificate from the Inland Revenue Department, renewed on a 1-year or 3-year cycle. Emerhub handles the renewal filing and keeps the certificate current.
Inland Revenue DepartmentVerified 2026-07-14
Significant Controllers Register
Every Hong Kong company keeps a Significant Controllers Register identifying persons with more than 25% ownership or control, available for law-enforcement inspection at its registered office. A designated representative must be appointed; Emerhub acts as designated representative for client companies.
Companies RegistryVerified 2026-07-14
Company secretary requirement
Every Hong Kong company appoints a company secretary resident in Hong Kong. A corporate secretary must hold a Trust or Company Service Provider (TCSP) licence. Emerhub is a licensed TCSP and acts as company secretary for client companies.
Companies RegistryVerified 2026-07-14
MPF enrolment for employees
Employers enrol every Hong Kong employee aged 18 to 64 employed for 60 days or more in an MPF scheme. Employer and employee each contribute 5% of relevant income, capped at HKD 1,500 per month each. Emerhub administers MPF enrolment and monthly contributions under its payroll service.
Mandatory Provident Fund Schemes AuthorityVerified 2026-07-14
Annual audit with SME reporting exemption
Every Hong Kong company files audited financial statements; there is no small-company audit exemption as in Singapore. Small private companies meeting any two of revenue at or below HKD 100 million, assets at or below HKD 100 million, or 100 or fewer employees qualify for the reporting exemption and prepare simplified accounts under the SME Financial Reporting Standard, which lowers audit preparation cost. Emerhub structures client accounts under the reporting exemption wherever the criteria are met.
Companies Ordinance (Cap. 622), s.359Verified 2026-07-14
This classification includes
- calcium and all kinds of vitamins, retail sale 鈣片及各類型維他命零售店
- drugs for agricultural use, retail sale 農藥零售店
- health supplements (except Chinese drugs and herbs), retail sale 健康補給品(中草藥及中成藥除外)零售店
- medicines and cosmetics stores 藥物及化妝品零售店
- veterinary medicine, retail sale 獸醫用藥物零售店
Classified elsewhere
These activities look similar but belong under different codes.
- edible swallows' nests, retail sale 食用燕窩零售店
Frequently asked questions
Do I need a license to sell health supplements?
Yes, you need to comply with local regulations and may require a license from the Department of Health.
Can I sell both medicines and cosmetics?
Yes, you can sell both, but ensure compliance with relevant regulations for each category.
What are the tax implications for my business?
Profits from retail sales in Hong Kong are subject to profits tax. Ensure proper accounting and compliance.
Incorporate in Hong Kong
Starting a retail sale of medicines and health supplements (with or without selling cosmetics and personal care products) 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