662100Risk and damage evaluation
風險及損失評估
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 assessing and evaluating risks and damages related to insurance claims. It includes the process of determining the extent of loss or damage to property or assets, as well as the appropriate compensation that should be provided under insurance policies.
This classification includes
- insurance adjusting
- risk and damage evaluation
Classified elsewhere
These activities look similar but belong under different codes.
- investigation activities
- appraisal for other purposes
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
MediumWhile risk and damage evaluation services can be performed remotely, they often require local knowledge and interaction with clients in Hong Kong. Contracts are typically negotiated with local entities, making it challenging to qualify for offshore treatment.
Business registration wording
Suggested business nature for this activity
English
RISK AND DAMAGE EVALUATION INSURANCE ADJUSTING
46/60 characters
Chinese 中文
風險及損失評估
7/30 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 for insurance adjusting?
Yes, insurance adjusting in Hong Kong requires a license under the Insurance Ordinance.
How is tax applied to my profits?
Profits from services rendered in Hong Kong are subject to profits tax, while offshore profits may be exempt.
Can I operate this business from outside Hong Kong?
Yes, but you must ensure compliance with local regulations and licensing requirements for insurance adjusting.
Incorporate in Hong Kong
Starting a risk and damage evaluation 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