681300Real estate development with leasing
地產發展兼租賃
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 development of real estate properties for the purpose of leasing them to tenants. It includes the construction, renovation, and management of residential, commercial, or industrial properties that are subsequently rented out.
This classification includes
- real estate development with leasing
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
LowReal estate development with leasing is inherently tied to Hong Kong premises and local customers. Contracts are typically negotiated and executed within Hong Kong, making it difficult to qualify for offshore treatment. The activity relies on local regulations and market conditions.
Business registration wording
Suggested business nature for this activity
English
REAL ESTATE DEVELOPMENT WITH LEASING
36/60 characters
Chinese 中文
地產發展兼租賃
7/30 characters
Industry statistics
How large is this sector in Hong Kong?
Official figures are compiled at industry level. These are for Real estate activities (L), the industry this classification belongs to.
11,500
Establishments (2023)
124,500
Persons engaged (2023)
C&SD Annual Survey of Economic Activities 2023Verified 2026-07-14
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 are needed for real estate development?
You may need a property developer's license and other permits depending on the scope of your projects. Consult local regulations for specifics.
How is rental income taxed in Hong Kong?
Rental income is subject to property tax in Hong Kong. The tax is calculated based on the rental income received, minus allowable deductions.
Can I lease properties to foreign companies?
Yes, you can lease properties to foreign companies. Ensure compliance with local laws and regulations regarding leasing agreements.
Incorporate in Hong Kong
Starting a real estate development with leasing 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