Establishing a compliant wholesaler of Western medicines is a substantial capital investment. In our experience, a comprehensive start-up budget should cover the following core areas. First, premises costs, including at least 3 months’ rental deposit and rent in advance, as well as basic fitting-out costs. Second, compliance system establishment, including a complete set of pharmaceutical manufacturing quality management (QMS) documents, temperature and humidity monitoring and recording equipment, and installation of security systems. Third, professional service fees payable to consultancy firms such as ours. Finally, and most importantly, working capital: you need to reserve at least 6–9 months of operating funds to pay staff salaries, rent, utilities and purchases of the initial stock of medicines. Overall, we recommend preparing at least HKD 1,500,000 to HKD 3,000,000 in start-up capital for a small or medium-sized wholesaler of Western medicines.
HONG KONG DRUG LICENSING
Overall, how much start-up capital should I prepare to set up a compliant Wholesale Dealer from scratch?
A complete explanation of the regulatory basis, Drew Tang’s recommendations and risk alerts. The original material dates from 2025; read it alongside the latest official requirements.
Original guide, 2025 edition: These FAQs are provided for topic-based reference and have not all been individually checked against current rules. Please confirm fees, personnel, renewal, changes and product requirements against the professional in-depth guide for the relevant licence type and the official requirements in force at the time.
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