Lighterage services
This sub-class includes the provision of lighterage services (i.e., transferring cargo by means of a lighter between vessels of different sizes, usually between a barge and a bulker or oil tanker).
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.
Permit to Launch a New Vessel in Port
Vessels more than 15 metres long require written permission from the Port Master before they can be launched in port. Regulation 52 of the Maritime and Port Authority of Singapore (Port) Regulations states: "No person shall cause or permit a newly constructed vessel of more than 15 metres in length to be launched, or to be placed into the waters of the port, without the prior written permission of the Port Master under such conditions as the Port Master may impose."
- Processing
- available on the agency's website
Permit to Lay-Up a Vessel in Port
Vessels that need to be laid up in port require written permission from the Port Master.
- Processing
- available on the agency's website
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
3 schemes that businesses in this SSIC code may qualify for. Eligibility is case-by-case — talk to the relevant authority.
Partial Tax Exemption (PTE)
Eligibility: Singapore tax-resident company.
Start-Up Tax Exemption (SUTE)
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
Maritime Sector Incentive (MSI)
Eligibility: Substantive shipping or maritime services activity from Singapore. Multiple tracks (AIS, ML, SSS).
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
Need help choosing?
Our guide helps you find the right SSIC code for your business activity.
Read the SSIC Guide