SSIC stands for Singapore Standard Industrial Classification.
It is a system used to classify business activities in Singapore based on the nature of the work a company does.
Every business must select an appropriate SSIC code when registering with ACRA, which reflects its primary (and optionally secondary) business activities.
The SSIC code is important because it helps determine:
- Applicable licences or permits
- Regulatory requirements
- Industry classification for reporting and statistics
In simple terms, SSIC defines what your business does in an official and standardised way.
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