How to Choose SSIC Codes: A Practical Guide for Singapore Companies
A practical approach to choosing SSIC codes that match your revenue activities and reduce banking and compliance friction.
This article is written for business owners who want a practical, compliance-first view. Where relevant, it links to ProSec service pages so you can act quickly.
Key points
- Focus on what the regulator expects, then build a simple checklist.
- Document decisions and keep evidence (emails, approvals, minutes) where needed.
- Use a calendar to prevent deadline-driven stress and late penalties.
Practical checklist
- Clarify scope and ownership.
- Confirm statutory requirements and timelines.
- Prepare documents, approvals, and internal controls.
- Implement a monthly maintenance routine (records, reconciliations, filings).
Related ProSec services
- Company Incorporation
- Corporate Secretarial
- Accounting & Taxation
- Nominee Director
- Registered Office Address
- Company Strike Off
General information only; not legal or tax advice.