HSICDATA
HSIC V2.0Subclass

649299Personal loan, mortgage, instalment credit and other credit granting

私人貸款、按揭、分期付款信貸及其他信貸提供

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 provision of personal loans, mortgages, and instalment credit by various financial institutions. It includes services offered by co-operative credit associations, commercial and industrial finance companies, money lenders, and personal loan companies, focusing on extending credit to individuals and businesses.

This classification includes

  • co-operative credit associations
  • commercial and industrial finance companies
  • money lenders
  • personal loan companies

Licences and approvals

What this activity needs to operate

Activities under this code trigger the following licensing regimes. Emerhub prepares and files each application on your behalf.

Deposit-taking Company Authorization

Hong Kong Monetary Authority (HKMA)

Authorization for companies engaged in specialised activities such as consumer finance, trade finance or securities business that take deposits from the public. Deposit-taking companies may only take deposits of HKD 100,000 or above with an original term to maturity of at least three months, forming the third tier of the banking system under the Banking Ordinance (Cap. 155).

Applies where a finance company funds lending with public deposits

Capital requirement
Minimum capital of HKD 25M

Official sourceVerified 2026-07-14

Money Lenders Licence

Licensing Court (with the Companies Registry as Registrar of Money Lenders)

Required under the Money Lenders Ordinance (Cap. 163) for any person carrying on business as a money lender in Hong Kong other than exempted persons such as authorized institutions. Applications are lodged with the Companies Registry, which processes them for determination by the Licensing Court; the licence is valid for 12 months and must be renewed annually.

Official sourceVerified 2026-07-14

Offshore profits claim feasibility

Low

This activity is inherently tied to Hong Kong as it involves lending to local customers and requires local licenses. Contracts 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

PERSONAL LOAN AND MORTGAGE CREDIT GRANTING SERVICES

51/60 characters

Chinese 中文

私人貸款及按揭信貸提供

11/30 characters

Test your own wording in the checker

Companies

Licensed operators

Verified registry

1,720 on the Money Lenders Register (CR); a sample below.

Search all 1,720

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 calendar

Frequently asked questions

Do I need a license to operate?

Yes, you must obtain a money lender's license to operate legally in Hong Kong.

What are the tax implications?

Profits from this activity are subject to Hong Kong profits tax, as it is considered a local business.

Can I offer loans to overseas clients?

Yes, but you must ensure compliance with local regulations and licensing requirements.

Incorporate in Hong Kong

Starting a personal loan, mortgage, instalment credit and other credit granting 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