662200Activities of insurance agents and brokers
保險代理及經紀活動
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 services provided by insurance agents and brokers who act as intermediaries between clients and insurance companies. They facilitate the sale of various types of insurance, including life, general, and motor car insurance, by advising clients on policies and helping them navigate the insurance market.
This classification includes
- general insurance agents
- general insurance brokers
- life insurance agents
- life insurance brokers
- motor car insurance agents
- motor car insurance brokers
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.
Licensed Insurance Agency
Insurance Authority (IA)
Licence under the Insurance Ordinance (Cap. 41) for companies, partnerships or sole proprietorships that carry on regulated activities as agent of an insurer, appointed by up to four insurers (of which at most two may be long term insurers). Agencies distribute and arrange insurance products on behalf of their appointing insurers.
Agencies act as agent of up to four appointing insurers
Official sourceVerified 2026-07-14
Licensed Insurance Broker Company
Insurance Authority (IA)
Licence under the Insurance Ordinance (Cap. 41) for companies that negotiate or arrange insurance contracts as the agent of policy holders and advise on insurance matters. Broker companies must meet financial requirements under the Insurance (Financial and Other Requirements for Licensed Insurance Broker Companies) Rules, including minimum capital, net assets and professional indemnity insurance.
Broker companies act as agent of the policy holder
- Capital requirement
- Paid-up share capital of not less than HKD 500,000 and net assets of not less than HKD 500,000
Official sourceVerified 2026-07-14
MPF Intermediary Registration (Principal Intermediary / Subsidiary Intermediary)
Mandatory Provident Fund Schemes Authority (MPFA)
Registration under the Mandatory Provident Fund Schemes Ordinance (Cap. 485) for any business or individual selling, marketing or advising on MPF schemes. Principal intermediaries must already be regulated by an industry regulator (HKMA, SFC or IA) and designate a responsible officer; subsidiary intermediaries are individuals attached to a principal intermediary who must pass an MPFA qualifying examination.
Required where the firm sells or advises on MPF schemes
Official sourceVerified 2026-07-14
Offshore profits claim feasibility
LowInsurance agents and brokers typically operate within Hong Kong, dealing with local clients and adhering to local regulations. Contracts are usually negotiated and concluded in Hong Kong, making it difficult to qualify for offshore treatment.
Business registration wording
Suggested business nature for this activity
English
INSURANCE AGENTS AND BROKERS INCLUDING GENERAL AND LIFE
55/60 characters
Chinese 中文
保險代理及經紀
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
What licenses do I need to operate as an insurance broker?
You need to obtain a license from the Insurance Authority in Hong Kong to operate as an insurance broker or agent.
Are there specific tax implications for insurance activities?
Insurance activities are subject to Hong Kong's profits tax. However, offshore profits may be exempt if certain conditions are met.
Can I operate as an insurance agent without a physical office?
While a physical office is not mandatory, having a local presence may enhance credibility and compliance with regulatory requirements.
Incorporate in Hong Kong
Starting a activities of insurance agents and brokers 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