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There's no waiting weeks on a relationship manager to call you back.",[],{"_key":2576,"_type":856,"children":2577,"markDefs":2600,"style":885},"k757",[2578,2582,2587,2591,2596],{"_key":2579,"_type":860,"marks":2580,"text":2581},"k752",[969],"Open a free ",{"_key":2583,"_type":860,"marks":2584,"text":2586},"k753",[2585,969],"k746","multi-currency business account",{"_key":2588,"_type":860,"marks":2589,"text":2590},"k754",[969]," built for Hong Kong SMEs, or explore how ",{"_key":2592,"_type":860,"marks":2593,"text":2595},"k755",[2594,969],"k749","Aspire's corporate card",{"_key":2597,"_type":860,"marks":2598,"text":2599},"k756",[969]," fits into your day-to-day spend.",[2601,2602],{"_key":2585,"_type":881,"externalUrl":2475,"linkType":359},{"_key":2594,"_type":881,"externalUrl":2603,"linkType":359},"https:\u002F\u002Faspireapp.com\u002Fhk\u002Fcorporate-card",{"_key":2605,"_type":856,"children":2606,"markDefs":2610,"style":962},"k760",[2607],{"_key":2608,"_type":860,"marks":2609,"text":14},"k759",[],[],{"_key":2612,"_type":856,"children":2613,"markDefs":2618,"style":1036},"k763",[2614],{"_key":2615,"_type":860,"marks":2616,"text":2617},"k762",[],"How many levels does the HSIC classification system have?",[],{"_key":2620,"_type":856,"children":2621,"markDefs":2626,"style":885},"k766",[2622],{"_key":2623,"_type":860,"marks":2624,"text":2625},"k765",[],"5 levels: Industry Section, Division, Group, Class, and Sub-class, each adding more specificity than the last.",[],{"_key":2628,"_type":856,"children":2629,"markDefs":2634,"style":1036},"k769",[2630],{"_key":2631,"_type":860,"marks":2632,"text":2633},"k768",[],"What happens if I choose the wrong HSIC code for my business?",[],{"_key":2636,"_type":856,"children":2637,"markDefs":2642,"style":885},"k772",[2638],{"_key":2639,"_type":860,"marks":2640,"text":2641},"k771",[],"It can lead to regulatory penalties, ineligibility for government grants or incentives, friction when opening a corporate bank account, and inconsistencies in official statistical filings.",[],{"_key":2644,"_type":856,"children":2645,"markDefs":2650,"style":1036},"k775",[2646],{"_key":2647,"_type":860,"marks":2648,"text":2649},"k774",[],"Where can I find the official list of HSIC codes?",[],{"_key":2652,"_type":856,"children":2653,"markDefs":2658,"style":885},"k778",[2654],{"_key":2655,"_type":860,"marks":2656,"text":2657},"k777",[],"The Census and Statistics Department's website provides the complete HSIC V2.0 classification list and a search tool to help identify the right code for your business.",[],{"_key":2660,"_type":856,"children":2661,"markDefs":2666,"style":1036},"k781",[2662],{"_key":2663,"_type":860,"marks":2664,"text":2665},"k780",[],"Is HSIC the same as NAICS or NACE?",[],{"_key":2668,"_type":856,"children":2669,"markDefs":2674,"style":885},"k784",[2670],{"_key":2671,"_type":860,"marks":2672,"text":2673},"k783",[],"No. HSIC applies specifically to Hong Kong, while NAICS applies to the US, Canada, and Mexico, and NACE applies to the EU. All 3 trace back to the UN's ISIC framework but aren't interchangeable.",[],{"slug":2676,"title":2677},"incorporation","Incorporation",{"_type":144,"alternativeText":2679,"height":145,"url":2680,"width":147},"HSIC Code HK: Structure, Requirements & Selection","https:\u002F\u002Fcdn.aspireapp.com\u002Fwebsites\u002Fblog\u002Fe683a924e381ea5ba63151c89ceef72e\u002Fhsic-code_cover.webp",[2682,2693,2704,2715,2726],{"_key":2683,"_type":856,"children":2684,"level":1188,"listItem":1199,"markDefs":2692,"style":885},"k4",[2685,2688],{"_key":955,"_type":860,"marks":2686,"text":2687},[969],"What It Is:",{"_key":2689,"_type":860,"marks":2690,"text":2691},"k3",[]," A standardized system maintained by the C&SD to classify Hong Kong businesses by their primary revenue-generating activity.",[],{"_key":2694,"_type":856,"children":2695,"level":1188,"listItem":1199,"markDefs":2703,"style":885},"k9",[2696,2699],{"_key":964,"_type":860,"marks":2697,"text":2698},[969],"5-Level Hierarchy:",{"_key":2700,"_type":860,"marks":2701,"text":2702},"k8",[]," Ranges from broad to specific: Section (Letter) → Division (2 digits) → Group (3 digits) → Class (4 digits) → Sub-class (5 digits).",[],{"_key":2705,"_type":856,"children":2706,"level":1188,"listItem":1199,"markDefs":2714,"style":885},"k14",[2707,2710],{"_key":977,"_type":860,"marks":2708,"text":2709},[969],"Why It Matters:",{"_key":2711,"_type":860,"marks":2712,"text":2713},"k13",[]," Mandatory for incorporation (Form NNC1); impacts licensing, government grant eligibility, and bank account risk profiling.",[],{"_key":2716,"_type":856,"children":2717,"level":1188,"listItem":1199,"markDefs":2725,"style":885},"k19",[2718,2721],{"_key":989,"_type":860,"marks":2719,"text":2720},[969],"How to Choose:",{"_key":2722,"_type":860,"marks":2723,"text":2724},"k18",[]," Identify your primary revenue driver, search official C&SD HSIC V2.0 resources, check exclusions, and consult a professional if running a hybrid business.",[],{"_key":1016,"_type":856,"children":2727,"level":1188,"listItem":1199,"markDefs":2735,"style":885},[2728,2731],{"_key":1001,"_type":860,"marks":2729,"text":2730},[969],"Hong Kong-Specific:",{"_key":2732,"_type":860,"marks":2733,"text":2734},"k23",[]," Modeled on the UN's ISIC system but exclusive to Hong Kong—not interchangeable with US NAICS or EU NACE codes. Can be updated if your business model pivots.",[],[2737,2750],{"_key":964,"_type":856,"children":2738,"markDefs":2748,"style":885},[2739,2742,2745],{"_key":2683,"_type":860,"marks":2740,"text":2741},[],"When ",{"_key":967,"_type":860,"marks":2743,"text":2744},[958],"incorporating a business in Hong Kong",{"_key":972,"_type":860,"marks":2746,"text":2747},[],", one of the most fundamental requirements is selecting the correct Hong Kong Standard Industrial Classification (HSIC) code. The system is aligned with international standards set by the United Nations Statistics Division, ensuring global credibility and consistency.",[2749],{"_key":958,"_type":881,"externalUrl":2411,"linkType":359},{"_key":977,"_type":856,"children":2751,"markDefs":2758,"style":885},[2752,2755],{"_key":980,"_type":860,"marks":2753,"text":2754},[969],"More than just an administrative detail, your HSIC code affects regulatory compliance, statistical reporting, and access to government support.",{"_key":984,"_type":860,"marks":2756,"text":2757},[]," This guide covers the full HSIC structure, why it matters well beyond the registration form, and exactly how to find the right code for your business.",[],"2026-08-18T00:00:00.000Z",{"_type":139,"metaDescription":2761,"metaTitle":2679,"socialShareImageUrl":2762},"Learn what the Hong Kong Standard Industrial Classification (HSIC) code is, its 5-level structure, why it matters, and how to choose it.",{"_type":144,"alternativeText":2679,"height":145,"url":2680,"width":147},"hsic-code",[2765,2771,2777,2783,2789,2795],{"_key":955,"_type":856,"children":2766,"level":1188,"listItem":1199,"markDefs":2770,"style":885},[2767],{"_key":958,"_type":860,"marks":2768,"text":2769},[],"Census and Statistics Department, HKSAR. \"Hong Kong Standard Industrial Classification.\" censtatd.gov.hk\u002Fen\u002Findex_hsic2_code.html",[],{"_key":967,"_type":856,"children":2772,"level":1188,"listItem":1199,"markDefs":2776,"style":885},[2773],{"_key":2683,"_type":860,"marks":2774,"text":2775},[],"Census and Statistics Department, HKSAR. \"HSIC Version 2.0 Manual.\" statistics.gov.hk",[],{"_key":2700,"_type":856,"children":2778,"level":1188,"listItem":1199,"markDefs":2782,"style":885},[2779],{"_key":964,"_type":860,"marks":2780,"text":2781},[],"Companies Registry, HKSAR. \"Incorporation FAQ.\" cr.gov.hk\u002Fen\u002Ffaq\u002Flocal-company\u002Fincorporation.htm",[],{"_key":984,"_type":856,"children":2784,"level":1188,"listItem":1199,"markDefs":2788,"style":885},[2785],{"_key":980,"_type":860,"marks":2786,"text":2787},[],"United Nations Statistics Division. \"International Standard Industrial Classification (ISIC).\" unstats.un.org",[],{"_key":2705,"_type":856,"children":2790,"level":1188,"listItem":1199,"markDefs":2794,"style":885},[2791],{"_key":2711,"_type":860,"marks":2792,"text":2793},[],"US Census Bureau. \"North American Industry Classification System (NAICS).\" census.gov\u002Fnaics",[],{"_key":989,"_type":856,"children":2796,"level":1188,"listItem":1199,"markDefs":2800,"style":885},[2797],{"_key":996,"_type":860,"marks":2798,"text":2799},[],"Eurostat, European Commission. \"NACE Classification.\" ec.europa.eu\u002Feurostat\u002Fweb\u002Fnace",[],1791455347208]