Wholesale trade of a variety of goods without a dominant product
Retail sale via internet (with income mainly from online sales)
Development of other software and programming activities n.e.c.
Other holding companies
Management consultancy services (general)
Management consultancy services n.e.c.
Corporate training services and motivational course providers
Other information technology and computer service activities
What does SSIC mean?
Singapore Standard Industrial Classification is a list of all business activity types.
What is ACRA Singapore?
It’s a ministry that registers and oversees businesses in Singapore. Its full name is “Accounting and Corporate Regulatory Authority”. Companies file regular reports with it.
How many SSIC codes can a company have?
At least one and no more than two. A primary code is a must, a secondary one is optional.
How do I change an SSIC code?
You can change it any time after the incorporation. To do that, ask your corporate secretary to file an application to ACRA.
Why do I need to report about my business activity type?
The government needs to know what businesses are present in the country to pursue adequate policies. With the help of these codes, the state collects the information and analyzes the overall data to be aware of the trends. This is why you have to submit the SSIC code to ACRA when incorporating.
Where to find a full SSIC codes list?
The latest version is published on the official website of the Department of Statistics.
Can the incorporation be delayed because of the code I chose?
Actually, yes, it might be. There are codes that refer to the types of business regulated by separate government authorities, so ACRA will send your documents there for review. This may take up to two months, so plan ahead. You can find some of these codes on ACRA’s website, but the list is non-exhaustive.