SSIC codes guide

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Starting a business in Singapore is a decision made by an increasing number of entrepreneurs from all across the globe. This is hardly a surprise, since Singapore is a prosperous country that enables both the locals and foreigners to advance in their business endeavors.

However, before you carry on with your company operations, you need to register your company and specify your business activity. In this SSIC codes guide, we will walk you through essential information such as the definition of SSIC codes, the importance of choosing the correct code, and, finally, the list of the most commonly used codes.

 

Here is a quick overview:

 

Consulting

Holding companies 

Technology

B2B and Finance

Retail

Wholesale

General Services

Health and Beauty

Education and Childcare

Food and Beverage

Construction/Real Estate

Shipping and Logistics

Miscellaneous

What are SSIC codes?

An SSIC code, or a Singapore Standard Industrial Classification Code, is a number provided to classify a company’s business activities that are carried out in the country of Singapore.

SSIC codes are used by the government for statistical purposes. However, they also serve the purpose of helping with the regulation and governance of companies.

The codes are reviewed and updated when and if necessary. The goal of this is to ensure that the codes:

  • Stay aligned with the changes in international standards
  • Reflect significant changes in the economy
  • Remain updated in regard to emerging activities

On top of that, the country authorities can use the codes for several other purposes.

  • ACRA can use it to determine whether any additional licenses are needed for the business activity carried out by the company.
  • IRAS can also use the SSIC code to determine whether specific tax benefits apply to the company.

Things to note when choosing a SSIC code

Naturally, when selecting your SSIC code associated with principal activities of your company, it is best to opt for a code that reflects the activities you seek a license for.

For instance, if your company is a financial holding company, it would make sense to select the SSIC code 64201. This way, you can apply for the necessary license so that you can operate within the Singaporean borders.

 

However, keep in mind that holding companies tend to get taxed heavily by the Inland Revenue of Singapore. Also, they are not eligible for most tax deductions.

 

Finally, it would be smart to write a custom description of your business activity for your business profile. This description does not have to be longer than one page. It is not required to go by the SSIC standard description, since ACRA allows writing a more accurate business activity description upon registration.

List of SSIC codes

Here is a list of SSIC codes across various fields of business.

 

Take note: The business types that are highlighted in blue will require licensing/permits.

 

Consulting

 

70201

BUSINESS AND MANAGEMENT CONSULTANCY SERVICES (GENERAL)

70209

BUSINESS AND MANAGEMENT CONSULTANCY SERVICES N.E.C.

62021

INFORMATION TECHNOLOGY CONSULTANCY (EXCEPT CYBERSECURITY)

62022

INFORMATION TECHNOLOGY CYBERSECURITY CONSULTANCY

71129

ENGINEERING DESIGN AND CONSULTANCY ACTIVITIES N.E.C.

71126

ENGINEERING DESIGN AND CONSULTANCY SERVICES SUPPORTING MINING, OIL AND GAS EXTRACTION AND OFFSHORE EXPLORATION ACTIVITIES

71121

GENERAL BUILDING ENGINEERING DESIGN AND CONSULTANCY SERVICES

71122

PROCESS AND INDUSTRIAL PLANT ENGINEERING DESIGN AND CONSULTANCY SERVICES

Holding companies

 

64201

BANK/FINANCIAL HOLDING COMPANIES

64202

OTHER HOLDING COMPANIES

Technology

 

62019

DEVELOPMENT OF OTHER SOFTWARE AND PROGRAMMING ACTIVITIES N.E.C.

62090

OTHER INFORMATION TECHNOLOGY AND COMPUTER SERVICE ACTIVITIES (EG DISASTER RECOVERY SERVICES)

62013

DEVELOPMENT OF SOFTWARE FOR INTERACTIVE DIGITAL MEDIA (EXCEPT GAMES)

62011

DEVELOPMENT OF E-COMMERCE APPLICATIONS

63120

WEB PORTALS (INCLUDING SOCIAL NETWORKING SITES)

62024

COMPUTER SYSTEMS INTEGRATION ACTIVITIES

63119

DATA PROCESSING AND RELATED ACTIVITIES N.E.C. (EG DATA TABULATION SERVICES, COMPUTER TIME SHARING SERVICES, APPLICATION SERVICE PROVIDERS, DATA STORAGE AND STREAMING SERVICES)

B2B and Finance

 

82999

OTHER BUSINESS SUPPORT SERVICE ACTIVITIES (EG JUNKETS, ADMINISTRATION OF LOYALTY PROGRAMMES)

73100

ADVERTISING ACTIVITIES

85491

CORPORATE TRAINING SERVICES AND MOTIVATIONAL COURSE PROVIDERS

78105

EXECUTIVE SEARCH SERVICES

69202

BOOK-KEEPING SERVICES

69201

ACCOUNTING AND AUDITING SERVICES (INCLUDING TAXATION ADVISORY SERVICES)

66192

CORPORATE FINANCE ADVISORY SERVICES

66301

ASSET/PORTFOLIO MANAGEMENT

66309

FUND MANAGEMENT ACTIVITIES N.E.C.

Retail

 

47910

RETAIL SALE VIA INTERNET

47721

RETAIL SALE OF COSMETICS AND TOILETRIES (INCLUDING SKINCARE PRODUCTS)

47311

RETAIL SALE OF MOTOR VEHICLES EXCEPT for MOTORCYCLES AND SCOOTERS

47412

RETAIL SALE OF COMPUTER HARDWARE AND ACCESSORIES AND COMPUTER SOFTWARE (EXCEPT GAMES)

47719

RETAIL SALE OF CLOTHING, FOOTWEAR AND LEATHER ARTICLES N.E.C.

47711

RETAIL SALE OF WEARING APPAREL FOR ADULTS

Wholesale

46900

GENERAL WHOLESALE TRADE (INCLUDING GENERAL IMPORTERS AND EXPORTERS)

46541

WHOLESALE OF INDUSTRIAL MACHINERY AND EQUIPMENT

46522

WHOLESALE OF ELECTRONIC COMPONENTS

46592

WHOLESALE OF MEDICAL, PROFESSIONAL, SCIENTIFIC AND PRECISION EQUIPMENT

46639

WHOLESALE OF CONSTRUCTION MATERIALS, HARDWARE, PLUMBING, AND HEATING EQUIPMENT AND SUPPLIES N.E.C. (EG CEMENT, SAND)

46699

WHOLESALE OF OTHER SPECIFIC COMMODITIES N.E.C.

46309

WHOLESALE OF FOOD, BEVERAGES, AND TOBACCO N.E.C.

46599

WHOLESALE OF OTHER MACHINERY AND EQUIPMENT N.E.C.

46511

WHOLESALE OF COMPUTER HARDWARE AND PERIPHERAL EQUIPMENT

46551

WHOLESALE OF MARINE EQUIPMENT AND ACCESSORIES (INCLUDING MARINE NAVIGATIONAL EQUIPMENT AND RADAR)

46424

WHOLESALE OF COSMETICS AND TOILETRIES

General services

74191

INTERIOR DESIGN SERVICES

74192

ART AND GRAPHIC DESIGN SERVICES

82303

EVENT/CONCERT ORGANISERS

43210

ELECTRICAL WORKS

96099

OTHER PERSONAL SERVICE ACTIVITIES N.E.C.

78104

EMPLOYMENT AGENCIES (EXCLUDING MAID AGENCIES)

46100

WHOLESALE ON A FEE OR CONTRACT BASIS (EG COMMISSION AGENTS)

79102

TRAVEL AGENCIES AND TOUR OPERATORS (MAINLY OUTBOUND)

81211

GENERAL CLEANING SERVICES EXCEPT for HOUSEHOLDS (INCLUDING CLEANING OF PUBLIC AREAS AND JANITORIAL SERVICES)

49219

PASSENGER LAND TRANSPORT N.E.C. (EG PRIVATE CARS FOR HIRE WITH OPERATOR AND TRISHAWS)

95301

REPAIR AND MAINTENANCE OF MOTOR VEHICLES (INCLUDING INSTALLATION OF PARTS & ACCESSORIES)

88911

CHILD CARE SERVICES FOR PRE-SCHOOL CHILDREN (INCLUDING OWN-ACCOUNT BABYSITTING)

61099

OTHER TELECOMMUNICATIONS ACTIVITIES N.E.C. (EG PROVISION OF VOIP (VOICE OVER INTERNET PROTOCOL SERVICES) AND CYBER ‘CAFES’ (OFFERING INTERNET ACCESS ONLY))

93203

CABARETS, NIGHTCLUBS, DISCOTHEQUES, DANCE CLUBS, AND KARAOKE LOUNGES

77101

RENTING AND LEASING OF PRIVATE CARS WITHOUT OPERATOR

59111

MOTION PICTURE/MOVIE PRODUCTION

Health and Beauty

86201

CLINICS AND OTHER GENERAL MEDICAL SERVICES (WESTERN)

96022

BEAUTY SALONS AND SPAS (INCLUDING SLIMMING, SKIN CARE AND HAIR CARE CENTRES)

86203

SPECIALISED MEDICAL SERVICES (INCLUDING DAY SURGICAL CENTRES)

86204

DENTAL SERVICES

96021

HAIRDRESSING SALONS/SHOPS (INCLUDING BARBER SHOPS)

86909

OTHER HEALTH SERVICES N.E.C. (EG REHABILITATION ACTIVITIES EG PHYSIOTHERAPY, CHIROPRACTIC, SPEECH THERAPY)

Education and Childcare

 

85509

EDUCATIONAL SUPPORT SERVICES N.E.C. (EG TUITION MATCHING SERVICES)

85499

OTHER EDUCATION N.E.C.

85420

MUSIC, DANCING, ART, SPEECH AND DRAMA INSTRUCTION

85410

SPORTS AND RECREATION EDUCATION (EG YOGA, SPORTS, MARTIAL ARTS, DIVING, AEROBICS)

Food and Beverage

56111

RESTAURANTS

56122

FOOD COURTS, COFFEE SHOPS, AND EATING HOUSES (WITH MAINLY FOOD AND BEVERAGE INCOME)

56112

CAFES AND COFFEE HOUSES

56129

OTHER FOOD AND BEVERAGE SERVING PREMISES N.E.C.

56140

STALLS SELLING COOKED FOOD AND PREPARED DRINKS (INCLUDING STALLS AT FOOD COURTS AND MOBILE FOOD HAWKERS)

56201

FOOD CATERERS

47219

RETAIL SALE OF FOOD N.E.C.

47112

MINI-MARTS, CONVENIENCE STORES AND PROVISION SHOPS

68104

LETTING AND OPERATING OF FOOD COURTS, COFFEE SHOPS AND EATING HOUSES (WITH MAINLY RENTAL INCOME)

Construction/ Real Estate

41001

GENERAL CONTRACTORS (BUILDING CONSTRUCTION INCLUDING MAJOR UPGRADING WORKS)

41009

BUILDING CONSTRUCTION N.E.C.

68101

REAL ESTATE DEVELOPERS

43301

RENOVATION CONTRACTORS

68109

REAL ESTATE ACTIVITIES WITH OWN OR LEASED PROPERTY N.E.C.

42101

GENERAL CONTRACTORS (NON-BUILDING CONSTRUCTION)

43220

PLUMBING, HEATING (NON-ELECTRIC) AND AIR-CONDITIONING

68201

REAL ESTATE AGENCIES AND VALUATION SERVICES

68103

LETTING AND OPERATING OF SELF-OWNED REAL ESTATE EXCEPT for HOTELS, LODGING AND BOARDING HOUSES

Shipping and Logistics

 

30110

BUILDING AND REPAIRING OF SHIPS, TANKERS AND OTHER OCEAN-GOING VESSELS (INCLUDING CONVERSION OF SHIPS INTO OFF-SHORE STRUCTURES)

50021

SHIPPING LINES

52292

FREIGHT FORWARDING, PACKING AND CRATING SERVICES

50024

CHARTERING OF SHIPS, BARGES, AND BOATS WITH CREW (FREIGHT)

52226

SHIP MANAGEMENT SERVICES

52222

SHIPPING AGENCIES (FREIGHT)

52227

SHIP BROKERING SERVICES

52291

VALUE ADDED LOGISTICS PROVIDERS

 

Miscellaneous

 

28300

INSTALLATION OF INDUSTRIAL MACHINERY AND EQUIPMENT, MECHANICAL ENGINEERING WORKS

31001

MANUFACTURE OF FURNITURE AND FIXTURES OF WOOD (INCLUDING UPHOLSTERY)

52299

OTHER TRANSPORTATION SUPPORT ACTIVITIES N.E.C.

32909

OTHER MANUFACTURING INDUSTRIES N.E.C.

63909

OTHER INFORMATION SERVICE ACTIVITIES N.E.C.

Wrap-up

You can also use ACRA’s keyword search to access the full list of SSIC codes here. Alternatively, you can always reach out to us and our team will be happy to help you.  

 

 

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