{"id":6389,"date":"2021-03-11T11:15:11","date_gmt":"2021-03-11T03:15:11","guid":{"rendered":"http:\/\/www.biztreemgmt.com\/wordpress\/?p=6389"},"modified":"2022-12-07T11:56:05","modified_gmt":"2022-12-07T03:56:05","slug":"what-is-ssic-code","status":"publish","type":"post","link":"http:\/\/www.biztreemgmt.com\/wordpress\/what-is-ssic-code\/","title":{"rendered":"What is SSIC code"},"content":{"rendered":"\n<p> <\/p>\n\n\n\n<p>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 .<\/p>\n\n\n\n<p><strong>What is SSIC code ? <\/strong><\/p>\n\n\n\n<p>Singapore Standard Industrial Classification ( SSIC)  code refer to type of principal activities for the company .<\/p>\n\n\n\n<p>And you are required to key in <strong>upto 2 major SSIC code<\/strong> for your company .<\/p>\n\n\n\n<p><strong>Why SSIC code important?<\/strong><\/p>\n\n\n\n<ul><li><strong>As a reference key for all agent to run their role : <\/strong><\/li><\/ul>\n\n\n\n<p><strong>MOM<\/strong> &#8211; Based on SSIC code to determine number of foreign worker allowed to engaged <\/p>\n\n\n\n<p><strong>IRAS<\/strong> : Based on SSIC code to determine tax level \/ tax benefit <\/p>\n\n\n\n<p><strong>Government Grant<\/strong> &#8211; Based on SSIC code for grant given<\/p>\n\n\n\n<ul><li><strong>As a reference key for business license requirement . <\/strong><\/li><\/ul>\n\n\n\n<p>You may request to apply for business license from the following agency before start of relevant business activity : <\/p>\n\n\n\n<ul><li> Council for Estate Agencies (CEA)<\/li><li> Ministry of Education (MOE) <\/li><li> Monetary Authority of Singapore (MAS) etc<\/li><\/ul>\n\n\n\n<p><strong>How manay SSIC code is allowed to have ? <\/strong><\/p>\n\n\n\n<p>At least 1 and maximum 2 <\/p>\n\n\n\n<p><strong>Can i Change SSIC code? <\/strong><\/p>\n\n\n\n<p>Yes .But please note that changes in SSIC code may have impact on company tax.<\/p>\n\n\n\n<p><strong>How to find SSIC code list <\/strong>?<\/p>\n\n\n\n<p>Click <a href=\"https:\/\/www.bizfile.gov.sg\/ngbbizfileinternet\/faces\/oracle\/webcenter\/portalapp\/pages\/TransactionMain.jspx?selectedETransId=G016\">here<\/a> and type in keyword .<\/p>\n\n\n\n<p><strong>HOW TO CHECK OTHER COMPANY&#8217; S SSIC CODE ? <\/strong><\/p>\n\n\n\n<ul><li><strong>WITH CORPPASS LOGIN  <\/strong><\/li><\/ul>\n\n\n\n<p>You may check via filing of annual return link <\/p>\n\n\n\n<p>You may purchase business profile<\/p>\n\n\n\n<p><\/p>\n\n\n\n<ul><li><strong>WITHOUT CORPPASS LOG IN<\/strong> <\/li><\/ul>\n\n\n\n<p>visit www.bizfile.gov.sg as follow :  <\/p>\n\n\n\n<div class=\"wp-block-columns\">\n<div class=\"wp-block-column\" style=\"flex-basis:100%\">\n<figure class=\"wp-block-gallery alignleft columns-1 is-cropped\"><ul class=\"blocks-gallery-grid\"><li class=\"blocks-gallery-item\"><figure><img loading=\"lazy\" width=\"823\" height=\"517\" src=\"http:\/\/www.biztreemgmt.com\/wordpress\/wp-content\/uploads\/2022\/01\/Capture-9.jpg\" alt=\"\" data-id=\"7125\" data-full-url=\"http:\/\/www.biztreemgmt.com\/wordpress\/wp-content\/uploads\/2022\/01\/Capture-9.jpg\" data-link=\"http:\/\/www.biztreemgmt.com\/wordpress\/what-is-ssic-code\/capture-9-2\/\" class=\"wp-image-7125\" srcset=\"http:\/\/www.biztreemgmt.com\/wordpress\/wp-content\/uploads\/2022\/01\/Capture-9.jpg 823w, http:\/\/www.biztreemgmt.com\/wordpress\/wp-content\/uploads\/2022\/01\/Capture-9-300x188.jpg 300w, http:\/\/www.biztreemgmt.com\/wordpress\/wp-content\/uploads\/2022\/01\/Capture-9-768x482.jpg 768w\" sizes=\"(max-width: 823px) 100vw, 823px\" \/><\/figure><\/li><\/ul><\/figure>\n<\/div>\n<\/div>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>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<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[165],"tags":[405,404,406],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What is SSIC code<\/title>\n<meta name=\"description\" content=\"SSIC code also known as principal activity. 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