729000General and miscellaneous research and development services
綜合及雜項研究及發展服務
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 encompasses a wide range of research and development services that do not fall into specific categories. It includes interdisciplinary research efforts that combine knowledge and techniques from various fields to innovate and develop new products, processes, or services.
This classification includes
- interdisciplinary research and development
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 some research and development services can be performed remotely, many projects require collaboration with local entities or clients. This often leads to contracts being negotiated in Hong Kong, making it challenging to qualify for offshore treatment.
Business registration wording
Suggested business nature for this activity
English
RESEARCH AND DEVELOPMENT SERVICES, MISCELLANEOUS
48/60 characters
Chinese 中文
綜合及雜項研究及發展服務
12/30 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 for R&D services?
Generally, no specific licenses are required for R&D services. However, if your research involves regulated sectors, additional permits may be necessary.
How is tax applied to R&D activities?
R&D activities may qualify for tax incentives under the Innovation and Technology Fund. However, profits generated in Hong Kong are subject to local tax.
Can I operate R&D services without a physical office?
Yes, you can operate without a physical office, but having a local presence may enhance client trust and facilitate collaboration.
Incorporate in Hong Kong
Starting a general and miscellaneous research and development services 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