Wholesale trade of a variety of goods without a dominant product

classLevel 4Use for ACRA Registration

This sub-class includes wholesale of a variety of goods without dominant product(s), i.e., where firm wholesale products covering at least 5 SSIC classes and no single product contributes more than 50% of the firm's value added. If there is a particular trade specialisation or one main product type that contributes most to the firm's value-added (which can be proxied by profit, else revenue), then the firm should be classified under the corresponding SSIC code based on this main product type: e.g., - wholesale of agricultural raw materials and live animals - wholesale of machinery, equipment and supplies When there are multiple products that contribute similarly to the firm's value-added, the top-down approach applies (Refer to SSIC report for more details on the top-down approach).

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

469-NON-SPECIALISED WHOLESALE TRADE

Current class

46900-Wholesale trade of a variety of goods without a dominant product

Need help choosing?

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

Read the SSIC Guide