No. A licence is granted to a specific legal entity. When your business changes from a sole proprietorship to a limited company, a new and separate legal entity is created in law. Therefore, you cannot directly “continue” or “transfer” the licence held by the sole proprietorship for use by the new limited company. The new limited company must submit a completely new licence application to the regulatory authority in its own name and go through the full approval process, including submitting all documents and undergoing an on-site inspection.
HONG KONG DRUG LICENSING
Can my existing drug licence continue to be used if my business changes from a sole proprietorship to a limited company?
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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