477417Luxuries comprehensive stores
奢侈品綜合店
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 covers retail establishments that specialize in selling luxury goods, including a wide range of high-end products such as precious watches and jewelry. These stores typically offer a comprehensive selection of luxury items, catering to affluent consumers seeking exclusive and premium merchandise.
This classification includes
- luxuries comprehensive stores
- precious watch and jewellery comprehensive stores
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 retailing luxury goods to local customers. Contracts for sales are typically negotiated and concluded within Hong Kong, making it difficult to qualify for offshore treatment.
Business registration wording
Suggested business nature for this activity
English
LUXURIES COMPREHENSIVE STORES AND JEWELLERY
43/60 characters
Chinese 中文
奢侈品綜合店及珠寶
9/30 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 special license for selling luxury goods?
Yes, you may need specific licenses depending on the types of luxury goods you sell, especially for jewellery and watches.
What are the tax implications for my business?
Profits from retail activities in Hong Kong are subject to profits tax. Ensure compliance with local tax regulations.
Can I operate an online luxury store from Hong Kong?
Yes, you can operate an online store, but you must comply with local regulations and tax obligations for e-commerce.
Incorporate in Hong Kong
Starting a luxuries comprehensive stores 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