477301Retail sale of motor vehicles
汽車零售店
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 motor vehicles, including new and second-hand cars. It encompasses various sales methods, such as direct sales and auctions, specifically focusing on the transaction of motor cars to consumers.
This classification includes
- auctions of motor vehicles
- motor cars, retail sale
- second-hand motor vehicles, 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 motor vehicles 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 MOTOR VEHICLES INCLUDING SECOND-HAND CARS
56/60 characters
Chinese 中文
汽車零售店
5/30 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 cars?
Yes, you need a motor vehicle dealer's license to operate a car retail business in Hong Kong.
What are the tax implications for this business?
Profits from the retail sale of motor vehicles are subject to Hong Kong profits tax, as the activity is conducted locally.
Can I sell both new and used cars?
Yes, you can sell both new and second-hand motor vehicles under this business classification.
Incorporate in Hong Kong
Starting a retail sale of motor vehicles 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