49214

Street-hail and ride-hail service providers

classLevel 4Use for ACRA Registration

This sub-class includes street-hail and/or ride-hail service providers and/or the operation of online ridesharing platforms that allow passengers to book a ride. This economic activity may require a licence from the Land Transport 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 activityPTC

Ticket Payment Service Licence (TPSL)

For the provision of the ticket payment services in the transit area. You will need to apply for a Ticket Payment Service Licence if you wish to provide either of the following services: (a) a service for the clearing of any ticket transaction; (b) a service for the sale, topping‑up, replacement or refund, or the management of the use, of a mode of payment for tickets.

Validity
10 years
Processing
at least 3 months
Prerequisites (6)
  • Proposal for licence
  • File format: doc, docx, pdf, xls, xlsx
  • Maximum upload per application: 10 MB
  • Other supporting documents
  • File format: doc, docx, pdf, xls, xlsx
  • Maximum upload per application: 10 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.

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

TierMonthlyConditions
Tier 1SGD 550Up to 10% of total workforce

Work Permit

TierMonthlyConditions
Higher-skilled (Tier 1)SGD 300Up to 10%
Basic (Tier 1)SGD 450Up to 10%
Basic (Tier 2)SGD 60010–25%
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
H-TRANSPORTATION AND STORAGE
Division
49-LAND TRANSPORT AND TRANSPORT VIA PIPELINES
Group
492-OTHER LAND TRANSPORT
Current class
49214-Street-hail and ride-hail service providers

Need help choosing?

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

Read the SSIC Guide