492202New Territories taxi services
新界的士服務
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 subclass covers the operation of taxi services specifically in the New Territories region of Hong Kong. It includes activities by taxi operators who own and operate their own vehicles, as well as those who rent their vehicles to other operators for providing taxi services.
This classification includes
- New Territories taxis operators
- New Territories taxis owners, operating own vehicles
- New Territories taxis owners, renting own vehicles to other operators
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 taxis operate within its geographical boundaries. Contracts for services are typically negotiated and concluded in Hong Kong, and the services are performed for local customers, making offshore treatment unlikely.
Business registration wording
Suggested business nature for this activity
English
NEW TERRITORIES TAXI SERVICES OPERATING AND RENTING VEHICLES
60/60 characters
Chinese 中文
新界的士服務
6/30 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 operate a taxi?
Yes, you must obtain a taxi operator's license from the Transport Department.
Can I rent my taxi to another operator?
Yes, you can rent your taxi to other licensed operators under specific agreements.
What are the tax implications for taxi services?
Taxi services are subject to Hong Kong profits tax, as they are conducted within the territory.
Incorporate in Hong Kong
Starting a new territories taxi services 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