The Singapore Standard Industrial Classification (SSIC) Code is a number assigned to specify a Singaporean company’s business activities. These codes are often used for statistical and administrative purposes such as:
Regulation and governance of a company
Data for reports, surveys, censuses and other documents to properly represent the Singaporean economy.
Determining license requirements
Qualification for certain tax benefits and support programs
The SSIC is regularly updated by Singapore’s Department of Statistics to keep up with the nation-state’s economy, rising business activities and changes in the international standards.
Choosing the Correct SSIC Code for Your Company
When choosing the right SSIC code for your company, it’s best to choose the code that reflects the principal activities of your company—the activity that brings the most revenue to your company and the activity that you want to seek a license for—but keep in mind that a company is allowed to have a maximum of two codes.
In case you’re still unsure as to which code is most applicable to your business, you may also visit the BizFile site and type in the primary keywords that best describe your company’s activities.
Applying for an SSIC Code
Application usually happens during your company’s incorporation and name reservation stage. In this process, you must submit at least one SSIC code to represent your company, but you may also add an additional optional code. Should your business activity not match any SSIC code, you can write a customized description that will be reflected in your company’s BizFile application.
In case you realize that your chosen SSIC code doesn’t fit your business activities, you can have your business secretary send the application form to ACRA. However, this doesn’t mean that you are allowed to register for the wrong code as this will not only prevent you from getting the appropriate licenses to operate, but it also disqualifies you from any benefits and incentives such as grants, tax incentives and other support programs.
Some SSIC codes may need to be reviewed and processed by other authorities, and this may delay the incorporation of your company. The processing can take anywhere from 14 to 60 working days. Some codes might also require you to apply for more than one license depending on the industry you’re in.
List of Most Common SSIC Codes
Here’s a list of some of the most common SSIC Codes from the latest edition of SSIC codes released last March 2020. Keep in mind that some codes may come with additional conditions and requirements.
Consultancy
SSIC Codes
Business Activities Covered
70201
Management Consultancy Services
70209
Business and Management Consultancy Services
62021
Information Technology Consultancy (not including cybersecurity)
62022
Information Technology Cyber Security Consultancy
71129
Engineering Design and Consultancy Activities
71126
Engineering Design and Consultancy Services (related to mining, oil and gas extraction and other offshore exploration)
71121
General Building Engineering Design and Consultancy
71122
Process and Industrial Plant engineering Design and Consultancy
Technology
SSIC Codes
Business Activities Covered
62011
Development of Software and Applications (excluding games and cybersecurity)
62090
Other Information Technology and Computer Service Activities
62013
Development of Software for Cybersecurity
63120
Internet Search Engines
63119
Data Analytics, Processing and Other Related Activities
Wholesale On A Fee Or Commission Basis (Excluding Online Marketplaces)
79102
Travel Agencies And Tour Operators (Mainly Outbound)
81211
General Cleaning Services (Including Cleaning Of Public Areas, Offices And Factories) Except Household Cleaning And Online Marketplaces
49215
Rental And Leasing Of Cars With Driver (Excluding Street-Hail And Ride-Hail Service Providers)
95301
Repair And Maintenance Of Motor Vehicles (Including Installation Of Parts & Accessories)
88911
Child Care Services For Pre-School Children (Including Infant Care Services)
61099
Other Telecommunications Activities
93203
Night Clubs, Discotheques, Dance Clubs And Karaoke Lounges
77101
Renting And Leasing Of Private Cars Without Driver (Excluding Online Marketplaces)
59111
Movie Production
Food and Beverage
SSIC Codes
Business Activities Covered
56111
Restaurants
56122
Food Courts, Coffee Shops, And Canteens (With Mainly Food And Beverage Income)
56112
Cafés
56140
Stalls Selling Cooked Food And Prepared Drinks (Including Stalls At Food Courts And Mobile Food Hawkers)
56200
Food Caterers
47219
Retail Sale Of Food
47102
Mini-Marts, Convenience Stores And Provision Shops
68104
Letting And Operating Of Self-Owned Or Leased Food Courts, Coffee Shops And Canteens (With Mainly Rental Income)
Construction and Real Estate
SSIC Codes
Business Activities Covered
41001
General Contractors (Building Construction Including Major Upgrading Works)
41009
Building Construction
68101
Real Estate Developers
43301
Renovation Contractors
68209
Real Estate Activities On A Fee Or Commission Basis (Excluding Online Marketplaces)
42101
General Contractors (Non-Building Construction)
43220
Installation Of Plumbing, Heating (Non-Electric) And Air-Conditioning Systems
68201
Real Estate Agencies And Valuation Services
Shipping and Logistics
SSIC Codes
Business Activities Covered
30110
Building And Repairing Of Ships, Tankers And Other Ocean-Going Vessels (Including Conversion Of Ships Into Off-Shore Structures)
50021
Shipping Companies, Including Chartering Of Ships And Boats With Crew (Freight)
52292
Freight Transport Arrangements
50022
Operators And Charterers Of Barges, Tugboats And Bumboats (Freight)
52226
Ship Management Services
52222
Shipping Agencies (Freight)
52227
Ship Brokering Services
52291
Cargo Surveying Services
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