721000Research and development on natural sciences and engineering
自然科學及工程學研究及發展
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 systematic investigation and experimentation in the fields of natural sciences and engineering. It encompasses a range of research areas including life sciences, agricultural sciences, biotechnology, medical sciences, and various engineering disciplines, typically conducted by specialized research institutes.
This classification includes
- life sciences research institutes
- marine research institutes
- research and development on agricultural sciences
- research and development on biotechnology
- research and development on engineering and technology
- research and development on medical sciences
- research and development on natural sciences
Classified elsewhere
These activities look similar but belong under different codes.
- engineering research not related to construction
- manufacturing process testing
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
MediumResearch and development activities often require collaboration with local institutions and may involve clients based in Hong Kong. While some services can be performed offshore, many projects necessitate a physical presence in Hong Kong for compliance and regulatory purposes.
Business registration wording
Suggested business nature for this activity
English
RESEARCH AND DEVELOPMENT ON NATURAL SCIENCES
44/60 characters
Chinese 中文
自然科學及工程學研究
10/30 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?
You may need a business registration certificate and specific licenses depending on your research focus. Consult local regulations.
Can I operate without a physical office?
While some activities can be conducted remotely, having a local office may enhance credibility and facilitate partnerships.
How is tax applied to my profits?
Profits from R&D activities may be subject to Hong Kong profits tax unless qualifying for offshore treatment based on where services are delivered.
Incorporate in Hong Kong
Starting a research and development on natural sciences and engineering 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