HSICDATA
HSIC V2.0Subclass

661902Trustees and custodians

受託人及保管人

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 providing trustee and custody services, where organizations manage and safeguard assets on behalf of clients for a fee or under a contractual agreement. These services include holding securities, managing funds, and ensuring compliance with legal and regulatory requirements.

This classification includes

  • trustee and custody services on a fee or contract basis

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.

Trust or Company Service Provider (TCSP) Licence

Companies Registry (Registry for Trust and Company Service Providers)

Required under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (Cap. 615) for any person carrying on a business of providing trust or company services in Hong Kong, such as forming companies, acting as nominee director or company secretary, providing registered office addresses or acting as trustee. Applicants and their ultimate owners, partners and directors must pass a fit and proper test; the licence is valid for three years.

Applies to trustee and custodian service providers

Official sourceVerified 2026-07-14

Offshore profits claim feasibility

Medium

Trustee and custody services often involve managing assets for clients, which can be performed outside of Hong Kong. However, if clients are primarily based in Hong Kong or contracts are negotiated locally, this may limit offshore treatment eligibility.

Business registration wording

Suggested business nature for this activity

English

TRUSTEE AND CUSTODY SERVICES ON A FEE OR CONTRACT BASIS

55/60 characters

Chinese 中文

受託人及保管人服務

9/30 characters

Test your own wording in the checker

Companies

Licensed operators

Verified registry

29 on the SFC Register; a sample below.

Search all 29

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 provide these services?

Yes, you may need to obtain a license depending on the specific services offered and the regulatory requirements.

How is tax applied to trustee services?

Tax treatment depends on where the services are performed and where clients are located. Offshore services may qualify for non-taxable treatment.

What are the operational requirements?

You must maintain proper records, comply with anti-money laundering regulations, and ensure client confidentiality.

Incorporate in Hong Kong

Starting a trustees and custodians 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