What is the SSIC code?

SSIC stands for Singapore Standard Industrial Classification, the code is a number given to every entity in Singapore to classify the entity's business activities to its respective categories. The code, if necessary, can be changed by passing a directors' resolution.


Do I need to be physically present to incorporate a company and/or corporate bank account?

No, you are not required to be physically present to incorporate a company. However, you may or may not need to be physically present for corporate bank account opening depending on the bank of your choice.

 


How fast to incorporate a company in Singapore?

It takes generally an hour to a day for the incorporation to be completed.