Generation of electricity from renewable sources

classLevel 4Use for ACRA Registration

This sub-class includes the generation of electricity from renewable sources (e.g., solar power, biofuels, hydropower, geothermal, wind, tidal/ocean/wave). This economic activity may require a licence from the Energy Market Authority or its equivalent.

SSIC Guide

Licences & Permits

1 licence apply to businesses in this SSIC code depending on the specific activities you conduct. Most are activity-triggered — a holding company in 64, for example, only needs a Banking Licence if it actually conducts banking.

Required for activityEMA

Electricity Generation

Validity: 30 years
Processing: up to 4 to 6 months (depending on the complexity of the project) upon full submission of supporting documents and receipt of complete information, unl

Prerequisites (20)

Audited statements, balance sheets, cash flow statements and credit statement
Past 2 years' audited financial statements which could include income statements, balance sheets, cash flow statements and credit statement or credit rating (if any), including any history of bankruptcy or financial distress.
Document(s) Format(s): (*.doc, *.docx, *.jpeg, *.jpg, *.pdf, *.png, *.xls, *.xlsx)
Maximum upload per application: 7 MB
Financing plan with details of sources of capital and repayment schedule
Document(s) Format(s): (*.doc, *.docx, *.jpeg, *.jpg, *.pdf, *.png, *.xls, *.xlsx)
Maximum upload per application: 7 MB
Applicant's acceptance of the proposed electricity connection scheme
Document(s) Format(s): (*.doc, *.docx, *.jpeg, *.jpg, *.pdf, *.png, *.xls, *.xlsx)
Maximum upload per application: 7 MB
Organisation chart including resume and curriculum vitae (CV) of key appointment holders
Document(s) Format(s): (*.doc, *.docx, *.jpeg, *.jpg, *.pdf, *.png, *.xls, *.xlsx)
Maximum upload per application: 7 MB
Applicant's acceptance of the proposed gas connection scheme (if gas is used as a fuel for the generating unit)
Document(s) Format(s): (*.doc, *.docx, *.jpeg, *.jpg, *.pdf, *.png, *.xls, *.xlsx)
Maximum upload per application: 7 MB
Applicant's ACRA Business Profile
Document(s) Format(s): (*.doc, *.docx, *.jpeg, *.jpg, *.pdf, *.png, *.xls, *.xlsx)
Maximum upload per application: 7 MB
Other supporting documents (if any)

Full reference: how to apply, FAQ, prerequisites

Need help with these licences?

We handle the applications, document prep, and agency liaison end-to-end.

Licence requirements change — we keep this list current as part of the engagement.

Tax Incentives & Schemes

2 schemes that businesses in this SSIC code may qualify for. Eligibility is case-by-case — talk to the relevant authority.

Tax exemptionIRASPTE

Partial Tax Exemption (PTE)

Benefit: First SGD 10,000: 75% exemption; next SGD 190,000: 50% exemption. Available to all companies (including those past their 3-year SUTE window).

Eligibility: Singapore tax-resident company.

Tax exemptionIRASSUTE

Start-Up Tax Exemption (SUTE)

Benefit: First SGD 100,000 of chargeable income: 75% exemption; next SGD 100,000: 50% exemption. For each of the first 3 YAs after incorporation.

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

Section

D-ELECTRICITY, GAS, STEAM AND AIR-CONDITIONING SUPPLY

Division

35-ELECTRICITY, GAS, STEAM AND AIR-CONDITIONING SUPPLY

Group

351-ELECTRIC POWER GENERATION, TRANSMISSION AND DISTRIBUTION

Current class

35102-Generation of electricity from renewable sources

Need help choosing?

Our guide helps you find the right SSIC code for your business activity.

Read the SSIC Guide