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The code for which is ",{"_key":1171,"_type":174,"marks":1172,"text":1173},"span-6",[1157],"C",[],{"_key":1176,"_type":1145,"cells":1177},"ssic-hierarchy-r1",[1178,1189],{"_key":1179,"_type":1149,"content":1180},"ssic-hierarchy-c1-0",[1181],{"_key":1182,"_type":170,"children":1183,"markDefs":1188,"style":190},"block-9",[1184],{"_key":1185,"_type":174,"marks":1186,"text":1187},"span-8",[1157],"Division",[],{"_key":1190,"_type":1149,"content":1191},"ssic-hierarchy-c1-1",[1192],{"_key":1193,"_type":170,"children":1194,"markDefs":1206,"style":190},"block-13",[1195,1199,1203],{"_key":1196,"_type":174,"marks":1197,"text":1198},"span-10",[],"There are multiple divisions under the manufacturing section. ‘Manufacture of computer, electronic and optical products’ is one such division, the code for which is ",{"_key":1200,"_type":174,"marks":1201,"text":1202},"span-11",[1157],"26",{"_key":1204,"_type":174,"marks":1205,"text":185},"span-12",[],[],{"_key":1208,"_type":1145,"cells":1209},"ssic-hierarchy-r2",[1210,1221],{"_key":1211,"_type":1149,"content":1212},"ssic-hierarchy-c2-0",[1213],{"_key":1214,"_type":170,"children":1215,"markDefs":1220,"style":190},"block-15",[1216],{"_key":1217,"_type":174,"marks":1218,"text":1219},"span-14",[1157],"Group",[],{"_key":1222,"_type":1149,"content":1223},"ssic-hierarchy-c2-1",[1224],{"_key":1225,"_type":170,"children":1226,"markDefs":1238,"style":190},"block-19",[1227,1231,1235],{"_key":1228,"_type":174,"marks":1229,"text":1230},"span-16",[],"Under the division ‘manufacture of computer, electronic and optical products’ is the group ‘manufacture of electronic components and boards’ holding the corresponding code ",{"_key":1232,"_type":174,"marks":1233,"text":1234},"span-17",[1157],"261",{"_key":1236,"_type":174,"marks":1237,"text":185},"span-18",[],[],{"_key":1240,"_type":1145,"cells":1241},"ssic-hierarchy-r3",[1242,1253],{"_key":1243,"_type":1149,"content":1244},"ssic-hierarchy-c3-0",[1245],{"_key":1246,"_type":170,"children":1247,"markDefs":1252,"style":190},"block-21",[1248],{"_key":1249,"_type":174,"marks":1250,"text":1251},"span-20",[1157],"Class",[],{"_key":1254,"_type":1149,"content":1255},"ssic-hierarchy-c3-1",[1256],{"_key":1257,"_type":170,"children":1258,"markDefs":1270,"style":190},"block-25",[1259,1263,1267],{"_key":1260,"_type":174,"marks":1261,"text":1262},"span-22",[],"The group ‘manufacture of electronic components and boards’ can be further split into the class ‘manufacture of semiconductor devices’, which holds the classification code ",{"_key":1264,"_type":174,"marks":1265,"text":1266},"span-23",[1157],"2611",{"_key":1268,"_type":174,"marks":1269,"text":185},"span-24",[],[],{"_key":1272,"_type":1145,"cells":1273},"ssic-hierarchy-r4",[1274,1285],{"_key":1275,"_type":1149,"content":1276},"ssic-hierarchy-c4-0",[1277],{"_key":1278,"_type":170,"children":1279,"markDefs":1284,"style":190},"block-27",[1280],{"_key":1281,"_type":174,"marks":1282,"text":1283},"span-26",[1157],"Sub-class",[],{"_key":1286,"_type":1149,"content":1287},"ssic-hierarchy-c4-1",[1288],{"_key":1289,"_type":170,"children":1290,"markDefs":1302,"style":190},"block-31",[1291,1295,1299],{"_key":1292,"_type":174,"marks":1293,"text":1294},"span-28",[],"Under ‘manufacture of electronic components and boards’, there is the sub-class ‘manufacture of wafer fabrication’, which has the SSIC code ",{"_key":1296,"_type":174,"marks":1297,"text":1298},"span-29",[1157],"26112",{"_key":1300,"_type":174,"marks":1301,"text":185},"span-30",[],[],{"_key":1304,"_type":170,"children":1305,"markDefs":1310,"style":190},"block-33",[1306],{"_key":1307,"_type":174,"marks":1308,"text":1309},"span-32",[],"The way to read an SSIC code is to understand that the first two digits stand for the major business division while each digit that follows further refines the classification of the business activity.",[],{"_key":1312,"_type":170,"children":1313,"markDefs":1318,"style":190},"block-35",[1314],{"_key":1315,"_type":174,"marks":1316,"text":1317},"span-34",[],"When the digit 0 appears at the end of an SSIC code, it is usually an addition because there is no further classification. So, the SSIC code for ‘manufacture of basic iron and steel’ is 2410 because it is the only class within the group ‘manufacture of basic iron and steel’ with the classification code 241.",[],{"_key":1320,"_type":170,"children":1321,"markDefs":1326,"style":190},"block-37",[1322],{"_key":1323,"_type":174,"marks":1324,"text":1325},"span-36",[],"When 9 appears at the end of your SSIC code, it indicates residual activities that are not significant enough to warrant their own SSIC code. For business activities with SSIC codes ending in 9, the description of the activity ends with the acronym N.E.C, which means ‘not elsewhere classified’.",[],{"_key":1328,"_type":170,"children":1329,"markDefs":1334,"style":190},"block-39",[1330],{"_key":1331,"_type":174,"marks":1332,"text":1333},"span-38",[],"The SSIC codes that a business unit needs to select are the Sub-class codes which are most relevant to your businesses primary activity (more on this later). This sub-class codes or SSIC codes as they are commonly known are 5 digit codes and include all the information related to the Section, Division, Group, Class and Sub-class. Now that we understand how the SSIC codes are structured, let’s move on to the next step on how to identify one for your business unit.",[],"start","Structure of the SSIC classification","card",{"_key":1339,"_type":1118,"body":1340,"headerAlign":1335,"heading":1500,"tableSurface":1337},"primary-secondary-and-ancillary-activities",[1341,1360,1373,1385,1397,1405,1486],{"_key":1342,"_type":170,"children":1343,"markDefs":1357,"style":190},"block-44",[1344,1348,1353],{"_key":1345,"_type":174,"marks":1346,"text":1347},"span-40",[],"Economic activity is at the heart of SSIC classifications, and businesses must grasp this to choose the appropriate SSIC code. According to ",{"_key":1349,"_type":174,"marks":1350,"text":1352},"span-42",[1351],"link-41","SSIC 2020",{"_key":1354,"_type":174,"marks":1355,"text":1356},"span-43",[],", “An economic activity occurs when resources such as labour, capital, goods, and services are used in a production process to produce goods and services.” It states that there are 3 kinds of economic activity:",[1358],{"_key":1351,"_type":188,"externalUrl":1359,"linkType":145},"https:\u002F\u002Fwww.singstat.gov.sg\u002Fstandard-classifications\u002Fnational-classifications\u002Fsingapore-standard-industrial-classification-ssic",{"_key":1361,"_type":170,"children":1362,"level":1140,"listItem":1371,"markDefs":1372,"style":190},"block-47",[1363,1367],{"_key":1364,"_type":174,"marks":1365,"text":1366},"span-45",[1157],"Principal activity",{"_key":1368,"_type":174,"marks":1369,"text":1370},"span-46",[]," refers to the activity that contributes the most to the value added (VA) of the goods and services produced by the economic unit, or the activity with the highest VA among the activities of the unit.","number",[],{"_key":1374,"_type":170,"children":1375,"level":1140,"listItem":1371,"markDefs":1384,"style":190},"block-50",[1376,1380],{"_key":1377,"_type":174,"marks":1378,"text":1379},"span-48",[1157],"Secondary activity",{"_key":1381,"_type":174,"marks":1382,"text":1383},"span-49",[]," refers to each separate activity undertaken by the economic unit which is not the unit’s principal activity.",[],{"_key":1386,"_type":170,"children":1387,"level":1140,"listItem":1371,"markDefs":1396,"style":190},"block-53",[1388,1392],{"_key":1389,"_type":174,"marks":1390,"text":1391},"span-51",[1157],"Ancillary activity",{"_key":1393,"_type":174,"marks":1394,"text":1395},"span-52",[]," refers to activity undertaken to support the main productive activities of an economic unit by providing goods or services entirely for the use of that unit. Examples of such activities are human resource functions, bookkeeping, purchasing, storage and sales promotion.",[],{"_key":1398,"_type":170,"children":1399,"markDefs":1404,"style":190},"block-55",[1400],{"_key":1401,"_type":174,"marks":1402,"text":1403},"span-54",[],"To put this into context, if your primary activity is the retail selling of mobile phones, a secondary activity may be mobile phone repair, while ancillary activities could include everything from human resources and accounting to sales and advertising.",[],{"_key":1406,"_type":1131,"columnHeaders":1407,"hasColumnTitles":141,"hasRowTitles":152,"rows":1413},"economic-unit-example",[1408,1411],{"_key":1409,"_type":1135,"cellIndex":1136,"title":1410},"economic-unit-example-h0","Activity of the economic unit",{"_key":1412,"_type":1135,"cellIndex":1140,"title":1086},"economic-unit-example-h1",[1414,1438,1462],{"_key":1415,"_type":1145,"cells":1416},"economic-unit-example-r0",[1417,1427],{"_key":1418,"_type":1149,"content":1419},"economic-unit-example-c0-0",[1420],{"_key":1421,"_type":170,"children":1422,"markDefs":1426,"style":190},"block-57",[1423],{"_key":1424,"_type":174,"marks":1425,"text":1366},"span-56",[1157],[],{"_key":1428,"_type":1149,"content":1429},"economic-unit-example-c0-1",[1430],{"_key":1431,"_type":170,"children":1432,"markDefs":1437,"style":190},"block-59",[1433],{"_key":1434,"_type":174,"marks":1435,"text":1436},"span-58",[],"SSIC 47411 ‘Retail sale of handphones and peripheral equipment’ (VA = 10)",[],{"_key":1439,"_type":1145,"cells":1440},"economic-unit-example-r1",[1441,1451],{"_key":1442,"_type":1149,"content":1443},"economic-unit-example-c1-0",[1444],{"_key":1445,"_type":170,"children":1446,"markDefs":1450,"style":190},"block-61",[1447],{"_key":1448,"_type":174,"marks":1449,"text":1379},"span-60",[1157],[],{"_key":1452,"_type":1149,"content":1453},"economic-unit-example-c1-1",[1454],{"_key":1455,"_type":170,"children":1456,"markDefs":1461,"style":190},"block-63",[1457],{"_key":1458,"_type":174,"marks":1459,"text":1460},"span-62",[],"SSIC 95120 ‘Repair of communications equipment (e.g. mobile phones and fax machines)’ (VA = 5)",[],{"_key":1463,"_type":1145,"cells":1464},"economic-unit-example-r2",[1465,1475],{"_key":1466,"_type":1149,"content":1467},"economic-unit-example-c2-0",[1468],{"_key":1469,"_type":170,"children":1470,"markDefs":1474,"style":190},"block-65",[1471],{"_key":1472,"_type":174,"marks":1473,"text":1391},"span-64",[1157],[],{"_key":1476,"_type":1149,"content":1477},"economic-unit-example-c2-1",[1478],{"_key":1479,"_type":170,"children":1480,"markDefs":1485,"style":190},"block-67",[1481],{"_key":1482,"_type":174,"marks":1483,"text":1484},"span-66",[],"Provision of human resource services to hire workers for the handphone retail shop; repair and maintenance of tools to support the firm’s communication equipment repair business",[],{"_key":1487,"_type":170,"children":1488,"markDefs":1498,"style":190},"block-71",[1489,1493],{"_key":1490,"_type":174,"marks":1491,"text":1492},"span-68",[],"Source: ",{"_key":1494,"_type":174,"marks":1495,"text":1497},"span-70",[1496],"link-69","SingStat",[1499],{"_key":1496,"_type":188,"externalUrl":1359,"linkType":145},"Primary, Secondary & Ancillary activities & how to define one for your business",{"_key":1502,"_type":1118,"background":1119,"body":1503,"headerAlign":1335,"heading":1528},"how-to-determine-the-principal-activity",[1504,1512,1520],{"_key":1505,"_type":170,"children":1506,"markDefs":1511,"style":190},"block-73",[1507],{"_key":1508,"_type":174,"marks":1509,"text":1510},"span-72",[],"Now that you have understood the definitions, the next step would be to determine your principal activity. As mentioned above, it is determined by identifying which activity provides the most Value Added (VA), and the suggested approach to identify the same is using the top-down method.",[],{"_key":1513,"_type":170,"children":1514,"markDefs":1519,"style":190},"block-75",[1515],{"_key":1516,"_type":174,"marks":1517,"text":1518},"span-74",[],"The top-down method follows a hierarchical principle to ensure that the classification at the lowest level is consistent with the classification at the highest level. So start by creating a table of hierarchy as shown in the illustration below. Starting from top-level i.e. ‘Section’, start plotting which sections does your business operates in. Then move downwards and identify all possible ‘Divisions’, ‘Groups’, ‘Classes’ & ‘Sub-classes’ that your business deals in.",[],{"_key":1521,"_type":170,"children":1522,"markDefs":1527,"style":190},"block-77",[1523],{"_key":1524,"_type":174,"marks":1525,"text":1526},"span-76",[],"Once this is done, start by identifying the SSIC ‘Section’ that contributes the highest VA, followed by the ‘Division’ and then the ‘Group’ and so on until the highest VA item within the ‘Sub-class’ is obtained. The code of the sub-class that is obtained, is the SSIC code that is most relevant to your business.",[],"How to determine the principal activity of your business?",{"_key":1530,"_type":1118,"body":1531,"headerAlign":1335,"heading":1799,"tableSurface":1337},"top-down-method-example",[1532,1540,1786],{"_key":1533,"_type":170,"children":1534,"markDefs":1539,"style":190},"block-79",[1535],{"_key":1536,"_type":174,"marks":1537,"text":1538},"span-78",[],"Refer to the example provided below. Based on the top-down method, the SSIC code of the economic unit in the example given below is SSIC 27201 ‘Manufacture of primary batteries’ as the VA of SSIC 27 ‘Manufacture of electrical equipment’ is the highest.",[],{"_key":1541,"_type":1131,"columnHeaders":1542,"hasColumnTitles":141,"hasRowTitles":152,"rows":1556},"top-down-example",[1543,1545,1547,1550,1553],{"_key":1544,"_type":1135,"cellIndex":1136,"title":1158},"top-down-example-h0",{"_key":1546,"_type":1135,"cellIndex":1140,"title":1187},"top-down-example-h1",{"_key":1548,"_type":1135,"cellIndex":1549,"title":1219},"top-down-example-h2",2,{"_key":1551,"_type":1135,"cellIndex":1552,"title":1251},"top-down-example-h3",3,{"_key":1554,"_type":1135,"cellIndex":1555,"title":1283},"top-down-example-h4",4,[1557,1615,1672,1728],{"_key":1558,"_type":1145,"cells":1559},"top-down-example-r0",[1560,1571,1582,1593,1604],{"_key":1561,"_type":1149,"content":1562},"top-down-example-c0-0",[1563],{"_key":1564,"_type":170,"children":1565,"markDefs":1570,"style":190},"block-81",[1566],{"_key":1567,"_type":174,"marks":1568,"text":1569},"span-80",[],"C ‘Manufacturing’ (VA = 10)",[],{"_key":1572,"_type":1149,"content":1573},"top-down-example-c0-1",[1574],{"_key":1575,"_type":170,"children":1576,"markDefs":1581,"style":190},"block-83",[1577],{"_key":1578,"_type":174,"marks":1579,"text":1580},"span-82",[],"24 ‘Manufacture of basic metals’ (VA = 4)",[],{"_key":1583,"_type":1149,"content":1584},"top-down-example-c0-2",[1585],{"_key":1586,"_type":170,"children":1587,"markDefs":1592,"style":190},"block-85",[1588],{"_key":1589,"_type":174,"marks":1590,"text":1591},"span-84",[],"241 ‘Manufacture of basic iron and steel’ (VA = 4)",[],{"_key":1594,"_type":1149,"content":1595},"top-down-example-c0-3",[1596],{"_key":1597,"_type":170,"children":1598,"markDefs":1603,"style":190},"block-87",[1599],{"_key":1600,"_type":174,"marks":1601,"text":1602},"span-86",[],"2410 ‘Manufacture of basic metals’ (VA = 4)",[],{"_key":1605,"_type":1149,"content":1606},"top-down-example-c0-4",[1607],{"_key":1608,"_type":170,"children":1609,"markDefs":1614,"style":190},"block-89",[1610],{"_key":1611,"_type":174,"marks":1612,"text":1613},"span-88",[],"24101 ‘Iron and steel rolling mills’ (VA = 4)",[],{"_key":1616,"_type":1145,"cells":1617},"top-down-example-r1",[1618,1628,1639,1650,1661],{"_key":1619,"_type":1149,"content":1620},"top-down-example-c1-0",[1621],{"_key":1622,"_type":170,"children":1623,"markDefs":1627,"style":190},"block-91",[1624],{"_key":1625,"_type":174,"marks":1626,"text":1569},"span-90",[1157],[],{"_key":1629,"_type":1149,"content":1630},"top-down-example-c1-1",[1631],{"_key":1632,"_type":170,"children":1633,"markDefs":1638,"style":190},"block-93",[1634],{"_key":1635,"_type":174,"marks":1636,"text":1637},"span-92",[1157],"27 ‘Manufacture of electrical equipment’ (VA = 6)",[],{"_key":1640,"_type":1149,"content":1641},"top-down-example-c1-2",[1642],{"_key":1643,"_type":170,"children":1644,"markDefs":1649,"style":190},"block-95",[1645],{"_key":1646,"_type":174,"marks":1647,"text":1648},"span-94",[1157],"272 ‘Manufacture of batteries and accumulators’ (VA = 4)",[],{"_key":1651,"_type":1149,"content":1652},"top-down-example-c1-3",[1653],{"_key":1654,"_type":170,"children":1655,"markDefs":1660,"style":190},"block-97",[1656],{"_key":1657,"_type":174,"marks":1658,"text":1659},"span-96",[1157],"2720 ‘Manufacture of batteries and accumulators’ (VA = 4)",[],{"_key":1662,"_type":1149,"content":1663},"top-down-example-c1-4",[1664],{"_key":1665,"_type":170,"children":1666,"markDefs":1671,"style":190},"block-99",[1667],{"_key":1668,"_type":174,"marks":1669,"text":1670},"span-98",[1157],"27201 ‘Manufacture of primary batteries’ (VA = 4)",[],{"_key":1673,"_type":1145,"cells":1674},"top-down-example-r2",[1675,1685,1695,1706,1717],{"_key":1676,"_type":1149,"content":1677},"top-down-example-c2-0",[1678],{"_key":1679,"_type":170,"children":1680,"markDefs":1684,"style":190},"block-101",[1681],{"_key":1682,"_type":174,"marks":1683,"text":1569},"span-100",[],[],{"_key":1686,"_type":1149,"content":1687},"top-down-example-c2-1",[1688],{"_key":1689,"_type":170,"children":1690,"markDefs":1694,"style":190},"block-103",[1691],{"_key":1692,"_type":174,"marks":1693,"text":1637},"span-102",[],[],{"_key":1696,"_type":1149,"content":1697},"top-down-example-c2-2",[1698],{"_key":1699,"_type":170,"children":1700,"markDefs":1705,"style":190},"block-105",[1701],{"_key":1702,"_type":174,"marks":1703,"text":1704},"span-104",[],"275 ‘Manufacture of domestic appliances’ (VA = 2)",[],{"_key":1707,"_type":1149,"content":1708},"top-down-example-c2-3",[1709],{"_key":1710,"_type":170,"children":1711,"markDefs":1716,"style":190},"block-107",[1712],{"_key":1713,"_type":174,"marks":1714,"text":1715},"span-106",[],"2750 ‘Manufacture of domestic appliances’ (VA = 2)",[],{"_key":1718,"_type":1149,"content":1719},"top-down-example-c2-4",[1720],{"_key":1721,"_type":170,"children":1722,"markDefs":1727,"style":190},"block-109",[1723],{"_key":1724,"_type":174,"marks":1725,"text":1726},"span-108",[],"27509 ‘Manufacture of domestic appliances n.e.c’ (VA = 2)",[],{"_key":1729,"_type":1145,"cells":1730},"top-down-example-r3",[1731,1742,1753,1764,1775],{"_key":1732,"_type":1149,"content":1733},"top-down-example-c3-0",[1734],{"_key":1735,"_type":170,"children":1736,"markDefs":1741,"style":190},"block-111",[1737],{"_key":1738,"_type":174,"marks":1739,"text":1740},"span-110",[],"L ‘Real Estate Activities’ (VA = 5)",[],{"_key":1743,"_type":1149,"content":1744},"top-down-example-c3-1",[1745],{"_key":1746,"_type":170,"children":1747,"markDefs":1752,"style":190},"block-113",[1748],{"_key":1749,"_type":174,"marks":1750,"text":1751},"span-112",[],"68 ‘Real Estate Activities’ (VA = 5)",[],{"_key":1754,"_type":1149,"content":1755},"top-down-example-c3-2",[1756],{"_key":1757,"_type":170,"children":1758,"markDefs":1763,"style":190},"block-115",[1759],{"_key":1760,"_type":174,"marks":1761,"text":1762},"span-114",[],"681 ‘Real estate activities with own or leased property’ (VA = 5)",[],{"_key":1765,"_type":1149,"content":1766},"top-down-example-c3-3",[1767],{"_key":1768,"_type":170,"children":1769,"markDefs":1774,"style":190},"block-117",[1770],{"_key":1771,"_type":174,"marks":1772,"text":1773},"span-116",[],"6810 ‘Real estate activities with own or leased property’ (VA = 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Search above for the full list of 1,023 SSIC 2020 codes.",[],[3197,3206,3213,3221,3229,3237,3245,3253,3261,3269],{"_key":3198,"_type":3199,"lines":3200,"title":3205},"industry-0","richTextCard",[3201,3202,3203,3204],"62011 – Development of software and applications (except games and cybersecurity)","62013 – Development of software for cybersecurity","62012 – Development of computer games","63119 – Data analytics, processing and related activities N.E.C","Technology",{"_key":3207,"_type":3199,"lines":3208,"title":822},"industry-1",[3209,3210,3211,3212],"62021 – Information technology consultancy (except cybersecurity)","62022 – Information technology cybersecurity consultancy","70201 – Management consultancy services","70205 – Public relations, marketing and brand consultancy services",{"_key":3214,"_type":3199,"lines":3215,"title":3220},"industry-2",[3216,3217,3218,3219],"63201 – Online marketplaces for goods (including food)","63202 – Online marketplaces for health services","63203 – Online marketplaces for education services","63209 – Online marketplaces for services N.E.C","Online Marketplaces",{"_key":3222,"_type":3199,"lines":3223,"title":3228},"industry-3",[3224,3225,3226,3227],"46309 – Wholesale of food, beverages and tobacco N.E.C (including dried or canned)","46412 – Wholesale of adults’ clothing","46549 – Wholesale of industrial, construction, and related machinery and equipment N.E.C","46522 – Wholesale of electronic components","Wholesale Trade",{"_key":3230,"_type":3199,"lines":3231,"title":3236},"industry-4",[3232,3233,3234,3235],"47211 – Retail sale of fruits and vegetables","47411 – Retail sale of handphones and peripheral equipment","47510 – Retail sale of textiles","47729 – Retail sale of pharmaceutical and medical goods N.E.C","Retail Trade",{"_key":3238,"_type":3199,"lines":3239,"title":3244},"industry-5",[3240,3241,3242,3243],"56111 – Restaurants","56121 – Fast food outlets","56130 – Pubs","56200 – Food caterers","Food and Beverage Service Activities",{"_key":3246,"_type":3199,"lines":3247,"title":3252},"industry-6",[3248,3249,3250,3251],"68101 – Real estate developers","68102 – Operating serviced apartments","68201 – Real estate agencies and valuation services","68203 – Residential (other than town councils), commercial and industrial real estate management","Real Estate Activities",{"_key":3254,"_type":3199,"lines":3255,"title":3260},"industry-7",[3256,3257,3258,3259],"49214 – Street-hail and ride-hail service providers","50021 – Shipping companies, including chartering of ships and boats with crew (freight)","51001 – Airlines (passengers)","52101 – General warehousing","Transportation and Storage",{"_key":3262,"_type":3199,"lines":3263,"title":3268},"industry-8",[3264,3265,3266,3267],"64120 – Full banks","64140 – Merchant banks","64150 – Finance companies (with deposit-taking functions)","64922 – Credit card services","Financial Services",{"_key":3270,"_type":3199,"lines":3271,"title":3283},"industry-9",[3272,3273,3274,3275,3276,3277,3278,3279,3280,3281,3282],"69101 – Legal activities (excluding online marketplaces)","69201 – Accounting and auditing services (excluding online marketplaces)","71111 – Architectural services","73100 – Advertising activities","74192 – Art and graphic design services","85302 – Universities","86102 – Community hospitals","88102 – Social services for persons with disabilities (day activity centres, for example)","93111 – Fitness centres and gymnasiums","93203 – Night clubs, discotheques, dance clubs and karaoke lounges","96022 – Beauty salons and spas (including slimming, skin care and hair care centres)","Other Services","Common SSIC Codes by Industry",{"_key":3286,"_type":3287,"faqs":3288,"groups":246,"heading":3445},"faq","faqSection",[3289,3317,3329,3354,3377,3389,3433],{"_id":3290,"answer":3291,"question":3316},"faq-SG-what-is-an-ssic-code",[3292,3300],{"_key":3293,"_type":170,"children":3294,"markDefs":3299,"style":190},"block-374",[3295],{"_key":3296,"_type":174,"marks":3297,"text":3298},"span-373",[],"An SSIC code is a 5 digit number classifying a company’s business activities that it carries out in Singapore. SSIC code helps businesses to identify licence applications, receive government grants and tax incentives, loans and to identify competitors. The SSIC code serves an administrative function such as to analyse economic activity, tax eligibility, industry support schemes etc.",[],{"_key":3301,"_type":170,"children":3302,"markDefs":3312,"style":190},"block-378",[3303,3307],{"_key":3304,"_type":174,"marks":3305,"text":3306},"span-375",[],"Read more about it on our blog: ",{"_key":3308,"_type":174,"marks":3309,"text":3311},"span-377",[3310],"link-376","Guide to SSIC codes in Singapore",[3313],{"_key":3310,"_type":188,"internal":3314,"linkType":227},{"_ref":3315,"_type":226},"blogPost-SG-65a9e9bbd0bdabb429b1e5e1","What is a Singapore Standard Industrial Classification (SSIC) Code?",{"_id":3318,"answer":3319,"question":3328},"faq-SG-how-many-ssic-codes-can-a-company-register",[3320],{"_key":3321,"_type":170,"children":3322,"markDefs":3327,"style":190},"block-380",[3323],{"_key":3324,"_type":174,"marks":3325,"text":3326},"span-379",[],"ACRA allows a company to register a maximum of 2 SSIC codes. The primary code should clearly depict the primary business activity. If you are registering 2 codes, it is advisable that both business activities are coherent.",[],"How many SSIC codes can a company register?",{"_id":3330,"answer":3331,"question":3353},"faq-SG-can-ssic-code-be-changed-once-registered",[3332,3340],{"_key":3333,"_type":170,"children":3334,"markDefs":3339,"style":190},"block-382",[3335],{"_key":3336,"_type":174,"marks":3337,"text":3338},"span-381",[],"Yes, SSIC codes can be changed. Companies are constantly evolving and there is a good probability that the primary business activity might change over a period of time.",[],{"_key":3341,"_type":170,"children":3342,"markDefs":3350,"style":190},"block-386",[3343,3346],{"_key":3344,"_type":174,"marks":3345,"text":3306},"span-383",[],{"_key":3347,"_type":174,"marks":3348,"text":3311},"span-385",[3349],"link-384",[3351],{"_key":3349,"_type":188,"internal":3352,"linkType":227},{"_ref":3315,"_type":226},"Can SSIC code be changed once registered?",{"_id":3355,"answer":3356,"question":3376},"faq-SG-how-to-check-company-ssic-code",[3357],{"_key":3358,"_type":170,"children":3359,"markDefs":3373,"style":190},"block-391",[3360,3364,3369],{"_key":3361,"_type":174,"marks":3362,"text":3363},"span-387",[],"To check the SSIC code registered by your company or any other organization, you can visit ",{"_key":3365,"_type":174,"marks":3366,"text":3368},"span-389",[3367],"link-388","Bizfile",{"_key":3370,"_type":174,"marks":3371,"text":3372},"span-390",[]," and search the ACRA register for entities and public accountants.",[3374],{"_key":3367,"_type":188,"externalUrl":3375,"linkType":145},"https:\u002F\u002Fwww.bizfile.gov.sg\u002F","How to check company SSIC code?",{"_id":3378,"answer":3379,"question":3388},"faq-SG-what-is-acra-singapore",[3380],{"_key":3381,"_type":170,"children":3382,"markDefs":3387,"style":190},"block-393",[3383],{"_key":3384,"_type":174,"marks":3385,"text":3386},"span-392",[],"The acronym ACRA stands for Accounting and Corporate Regulatory Authority. ACRA is a statutory board under the Ministry of Finance of the Government of Singapore. Being a national business registry of Singapore, one of ACRA’s functions is to establish and administer a repository of documents and information relating to business entities and public accountants, and to provide access to the public to such documents and information.",[],"What Is ACRA Singapore?",{"_id":3390,"answer":3391,"question":3432},"faq-SG-does-company-or-business-type-affect-ssic-code",[3392,3400,3408,3416,3424],{"_key":3393,"_type":170,"children":3394,"markDefs":3399,"style":190},"block-395",[3395],{"_key":3396,"_type":174,"marks":3397,"text":3398},"span-394",[],"It should be emphasised that an economic unit’s SSIC code does not depend on the following characteristics:",[],{"_key":3401,"_type":170,"children":3402,"level":1140,"listItem":1818,"markDefs":3407,"style":190},"block-397",[3403],{"_key":3404,"_type":174,"marks":3405,"text":3406},"span-396",[],"Type of ownership - Foreign, local, private or government owned",[],{"_key":3409,"_type":170,"children":3410,"level":1140,"listItem":1818,"markDefs":3415,"style":190},"block-399",[3411],{"_key":3412,"_type":174,"marks":3413,"text":3414},"span-398",[],"Type of legal organisation - Sole proprietorship, partnership, company",[],{"_key":3417,"_type":170,"children":3418,"level":1140,"listItem":1818,"markDefs":3423,"style":190},"block-401",[3419],{"_key":3420,"_type":174,"marks":3421,"text":3422},"span-400",[],"Type of production - Formal or informal production, market or non-market production, production by factories or households",[],{"_key":3425,"_type":170,"children":3426,"level":1140,"listItem":1818,"markDefs":3431,"style":190},"block-403",[3427],{"_key":3428,"_type":174,"marks":3429,"text":3430},"span-402",[],"Mode of delivery - Internet or traditional brick-and-mortar. For instance: firms that retail clothes solely through the Internet are classified with firms that retail clothes through brick-and-mortar stores. Firms that provide virtual banking services are classified with brick-and-mortar banks.",[],"Does my company or business type have any impact on SSIC code?",{"_id":3434,"answer":3435,"question":3444},"faq-SG-can-incorporation-be-delayed-by-the-code",[3436],{"_key":3437,"_type":170,"children":3438,"markDefs":3443,"style":190},"block-405",[3439],{"_key":3440,"_type":174,"marks":3441,"text":3442},"span-404",[],"Be careful to select the most relevant SSIC code as a wrong decision could delay your incorporation process by anywhere from two weeks to two months.",[],"Can the incorporation be delayed because of the code I chose?","Frequently asked questions related to SSIC codes",{"_key":3447,"_type":3448,"background":3449,"ctas":3450,"footnote":246,"heading":3465,"variant":3466},"bottom-cta","ctaSection","mint-gradient",[3451,3457],{"_key":3452,"_type":3453,"link":3454,"variant":3456},"get-started","cta",{"_type":143,"externalUrl":663,"form":246,"internalTarget":246,"label":3455,"linkType":145,"openInNewTab":141},"Get Started","primary",{"_key":3458,"_type":3453,"link":3459,"variant":3464},"talk-to-sales",{"_type":143,"form":246,"internal":3460,"internalTarget":3462,"label":3463,"linkType":227},{"_ref":3461,"_type":226},"page-SG-talk-to-sales",{"_type":300,"slug":3458},"Talk to Sales","secondary","Aspire is the all-in-one finance OS for all your business needs","centered",{"_type":149,"metaDescription":3468,"metaTitle":3469},"Use our SSIC code checker tool to explore & select an SSIC code most suitable for your Singapore business. Let our SSIC Code guide help you navigate the process","SSIC Code Checker Tool & Guide for Singapore Businesses",{"_type":3471,"current":452},"slug","SSIC Code Checker",1790925618756]