Forestry, logging and related service activities
This sub-class includes the extraction, gathering and/or production of round wood for the forest-based manufacturing industries. Besides the production of timber, forestry activities result in products that undergo little processing, such as fire wood, charcoal, wood chips and round wood used in an unprocessed form (e.g., pit-props, pulpwood). These activities can be carried out in natural or planted forests. Units in this sub-class are primarily engaged in: - growing of standing timber: - planting - replanting - transplanting - thinning - conserving of forests and/or timber tracts - growing of pulpwood - operation of forest tree nurseries - production of round wood - gathering and/or production of fire wood - production of charcoal in the forest (using traditional methods)
Tax Incentives & Schemes
2 schemes that businesses in this SSIC code may qualify for. Eligibility is case-by-case — talk to the relevant authority.
Partial Tax Exemption (PTE)
Eligibility: Singapore tax-resident company.
Start-Up Tax Exemption (SUTE)
Eligibility: Newly incorporated SG-resident company, ≤ 20 individual shareholders (or one corporate holding ≥ 10%), not in investment-holding or property-development.
Note for SSIC : Excludes 64202 investment holding & 41001/68101 property development
Worth applying for any of these?
We screen eligibility and shape the application — most schemes are discretionary and need a substantive activity case.
Classification Path
Need help choosing?
Our guide helps you find the right SSIC code for your business activity.
Read the SSIC Guide