35400

Activities of brokers and agents for electric power and natural gas

classLevel 4Use for ACRA Registration

This sub-class includes: - activities of brokers or agents who arrange the sale of electricity via power distribution systems operated by others - activities of gas brokers or agents who arrange the sale of gaseous fuels (e.g., natural/town gas) via gas distribution systems operated by others - activities of brokers or agents for commodity and distribution capacity exchanges for gaseous fuels - activities of brokers or agents for operation of electricity, distribution and transmission capacity exchanges for electric power

SSIC Guide

Licences & Permits

2 licences 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 Retailer

Validity
Up to 10 years. For renewal of the licence, licensees may apply to EMA, in writing, no earlier than 3.5 years and no later than 2.5 years prior to the expiry of the licence
Processing
8 weeks upon full submission of supporting documents and receipt of complete information, unless otherwise informed by Authority
Prerequisites (20)
  • Retailer Licence Application Checklist
  • Please download and complete the application checklist here and upload as a supporting document.
  • Document(s) Format(s): (*.jpeg, *.jpg, *.pdf, *.png)
  • Audited statements, balance sheets, cash flow statements and credit statement
  • Document(s) Format(s): (*.jpeg, *.jpg, *.pdf, *.png)
  • Maximum upload per application: 7 MB
  • 5 years projected financial statements, critical assumptions on the financial projection, proposed capital structure and an expense breakdown
  • Document(s) Format(s): (*.jpeg, *.jpg, *.pdf, *.png)
  • Maximum upload per application: 7 MB
  • Applicant's ACRA Business Profile or Certificate of Incorporation
  • Document(s) Format(s): (*.jpeg, *.jpg, *.pdf, *.png)
  • Maximum upload per application: 7 MB
  • Company Memorandum and Articles of Association
  • Document(s) Format(s): (*.jpeg, *.jpg, *.pdf, *.png)
  • Maximum upload per application: 7 MB
  • Corporate Bank Account
  • A copy of the company bank account statement or equivalent.
  • Document(s) Format(s): (*.jpeg, *.jpg, *.pdf, *.png)
  • Maximum upload per application: 7 MB
  • Hedging Plan
Full reference: how to apply, FAQ, prerequisites
Required for activityEMA

Electricity Wholesaler

Validity
No expiration date
Processing
up to 30 working days upon full submission of supporting documents and receipt of complete information, unless otherwise informed by Authority
Prerequisites (16)
  • 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 electricity and/or gas connection scheme(s)
  • For generating unit only.
  • Document(s) Format(s): (*.doc, *.docx, *.jpeg, *.jpg, *.pdf, *.png, *.xls, *.xlsx)
  • Maximum upload per application: 7 MB
  • Corporate Bank Account
  • 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)
  • Document(s) Format(s): (*.doc, *.docx, *.jpeg, *.jpg, *.pdf, *.png, *.xls, *.xlsx)
  • Maximum upload per application: 7 MB
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
354-ACTIVITIES OF BROKERS AND AGENTS FOR ELECTRIC POWER AND NATURAL GAS
Current class
35400-Activities of brokers and agents for electric power and natural gas

Need help choosing?

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

Read the SSIC Guide