What is SSIC code
All Singapore registered company is required to stated at least 1 major principal activities with ACRA. Which means this will be key how Company generate their income .
What is SSIC code ?
Singapore Standard Industrial Classification ( SSIC) code refer to type of principal activities for the company .
And you are required to key in upto 2 major SSIC code for your company .
Why SSIC code important?
- As a reference key for all agent to run their role :
MOM – Based on SSIC code to determine number of foreign worker allowed to engaged
IRAS : Based on SSIC code to determine tax level / tax benefit
Government Grant – Based on SSIC code for grant given
- As a reference key for business license requirement .
You may request to apply for business license from the following agency before start of relevant business activity :
- Council for Estate Agencies (CEA)
- Ministry of Education (MOE)
- Monetary Authority of Singapore (MAS) etc
How manay SSIC code is allowed to have ?
At least 1 and maximum 2
Can i Change SSIC code?
Yes .But please note that changes in SSIC code may have impact on company tax.
How to find SSIC code list ?
Click here and type in keyword .
HOW TO CHECK OTHER COMPANY’ S SSIC CODE ?
- WITH CORPPASS LOGIN
You may check via filing of annual return link
You may purchase business profile
- WITHOUT CORPPASS LOG IN
visit www.bizfile.gov.sg as follow :
