Wholesale of audio and video equipment (except electrical and electronic components)

classLevel 4Use for ACRA Registration

This sub-class includes wholesale of audio and/or video equipment except electrical and/or electronic components (e.g., radio, television (TV), stereo equipment, DVD/Blu-ray players and/or recorders, sound reproducing/recording equipment).

SSIC Guide

Tax Incentives & Schemes

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

Concessionary taxEnterprise SingaporeGTP

Global Trader Programme (GTP)

Benefit: 5% or 10% concessionary tax on qualifying income from international trading of approved commodities (energy, agri-commodities, metals, electronic & industrial products, building materials).

Eligibility: Substantial trading activity from Singapore: turnover thresholds, local hires, business spend.

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.

Foreign Worker Levies

This SSIC code falls under MOM's Services sector for foreign-worker levy purposes. Levies below apply per worker per month, paid by the employer in addition to salary.

S Pass

Tier	Monthly	Conditions
Tier 1	SGD 550	Up to 10% of total workforce

Work Permit

Tier	Monthly	Conditions
Higher-skilled (Tier 1)	SGD 300	Up to 10%
Basic (Tier 1)	SGD 450	Up to 10%
Basic (Tier 2)	SGD 600	10–25%
Basic (Tier 3)	SGD 800	>25% (up to DRC of 35%)

Hiring foreign workers in this sector?

We handle Work Permit, S Pass, and EP applications alongside the incorporation — and check Dependency Ratio Ceilings before you commit headcount.

Levies and Dependency Ratio Ceilings are reviewed periodically by MOM (rates above effective 2024-09-01).

Classification Path

Section

G-WHOLESALE AND RETAIL TRADE

Division

46-WHOLESALE TRADE

Group

464-WHOLESALE OF HOUSEHOLD GOODS

Current class

46436-Wholesale of audio and video equipment (except electrical and electronic components)

Need help choosing?

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

Read the SSIC Guide