SSIC 2025 sub-class
Professional, Scientific & Technical Services Verified · 15 Apr 202570202
Management consultancy services for healthcare organisations
This sub-class includes the provision of advice and/or guidance to healthcare organisations on a range of management and/or operational issues.
Level
final
Mapped ISIC codes
1
Source
SingStat
Official data
| Official name | Singapore Standard Industrial Classification (SSIC 2025) |
| Issuing authority | Department of Statistics Singapore (SingStat / DOS) |
| Tax authority | Inland Revenue Authority of Singapore (IRAS) (IRAS) |
| Purpose | Mandatory at ACRA business/company registration; used by IRAS, MOM, EDB, SingStat |
| Active version | SSIC 2025 (15 Apr 2025) |
| Hierarchy level | Sub-class (5-digit) (final leaf) |
| Source | https://www.singstat.gov.sg/standards/standards-and-classifications/ssic |
| Prior versions | SSIC 2020, SSIC 2015 |
When you need this code
ACRA registration
Select this code as principal or secondary SSIC when registering your business entity via BizFile+.
Licensing
Relevant professional bodies (ISCA, Law Society, BOA, PEB), ACRA may require sector-specific licence. Check with authority.
Tax filing
IRAS uses SSIC for industry profiling. File Form C / C-S / C-S (Lite) via myTax Portal annually.
Banking
Banks may request your registered SSIC for KYC, merchant acquiring, and sector risk assessment.
Hierarchy
Correspondence tables
SSIC 2020
- 70202 — Management consultancy services for healthcare organisations
ISIC Rev. 5
- 7020 Business and other management consultancy activities
ISIC crosswalk
Compliance risk score
Compliance risk score
Moderate checks
4 of 6 factors low-risk
- ✅ Verified source ≤90d
- ✅ ISIC mapping available
- ✅ SSIC 2020 migration mapped
- ✅ Full hierarchy chain
- ⚠️ GST registration applicable
- ⚠️ Practising certificate?
Step-by-step guide
1. Confirm the activity matches
This sub-class includes the provision of advice and/or guidance to healthcare organisations on a range of management and/or operational issues.
Examples: <Blank>
2. Check ISIC crosswalk
Maps to 1 ISIC Rev. 5 class(es). Verify the international alignment matches your scope.
3. Register via BizFile+
File entity registration with ACRA at https://www.bizfile.gov.sg. Declare this SSIC code as principal or secondary.
4. Apply for sector licences
Relevant professional bodies (ISCA, Law Society, BOA, PEB), ACRA — check the relevant authority for specific licence requirements and application forms.
Applicable taxes & forms
Corporate income tax
Rate: 17%
75% exemption on first SGD 10,000 + 50% on next SGD 190,000
GST
Rate: 9% (since 1 January 2024)
Threshold: SGD 1,000,000. If registered, InvoiceNow e-invoicing may apply.
Applicable filings
Form C
myTax Portal · Annual (by 30 Nov for paper, 15 Dec e-file)
Full corporate income tax return for companies. Requires audited/unaudited financial statements.
Form C-S
myTax Portal · Annual (by 15 Dec)
Simplified return for companies with revenue ≤ SGD 5M and deriving income taxed at prevailing corporate rate.
Form C-S (Lite)
myTax Portal · Annual (by 15 Dec)
Simplest return for companies with revenue ≤ SGD 200K.
Form F5
myTax Portal · Quarterly
GST return. GST-registered businesses must file within 1 month of quarter end.
Estimated Chargeable Income (ECI)
myTax Portal · Within 3 months of FYE
Compulsory for all companies. IRAS issues Notice of Assessment based on ECI.
Who uses this code
Typical professionals and business operators mapped to the Professional, Scientific & Technical Services cluster.
Professional engineer
Provides engineering design and certification for infrastructure projects.
Typically also needs
PEB practising certificate, QP status from BCA for specific disciplines.
HR consulting firm owner
Advises on recruitment, compensation, and workforce compliance.
Typically also needs
MOM employment agency licence if placing workers, TAFEP guidelines.
Management consultant
Advises on strategy, operations, and digital transformation.
Typically also needs
ACRA registration, IRAS Form C filing, possible EDB/Enterprise SG assignments.
Patent attorney
Files and prosecutes patent applications with IPOS.
Typically also needs
IPOS registered patent agent, Law Society practising certificate.
Real estate valuer
Values property for sale, financing, and tax purposes.
Typically also needs
SISV valuer membership, CEA-related knowledge for agency transactions.
Related codes
Parent class
7020 Management Consultancy ActivitiesParent division
70 ACTIVITIES OF HEAD OFFICES; MANAGEMENT CONSULTANCY ACTIVITIESParent section
N PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIESSibling codes
Alphabetical index entries
Frequently asked questions
About this specific SSIC code and the Professional, Scientific & Technical Services sector
What entity structure is typical for professional firms?
Professional firms may operate as sole proprietorships, LLPs, or companies. Some professions restrict permitted entity structures. Check with the respective professional board.
Do I need a professional practising certificate?
Accountants, lawyers, architects, engineers, and other regulated professionals need a practising certificate from their respective professional body (e.g., ISCA, Law Society, BOA, PEB).
What professional indemnity insurance is required?
Many professional bodies mandate professional indemnity insurance as a condition of the practising certificate. Minimum coverage amounts vary by profession.
Are there continuing professional development obligations?
Most professional bodies require annual CPD hours or structured learning as a condition for renewing the practising certificate.
What is SSIC and why does it matter?
The Singapore Standard Industrial Classification (SSIC) is the national system for categorising business activities. It is mandatory at ACRA registration and is used by IRAS, MOM, and other government agencies for tax, licensing, statistical, and policy purposes.
Do I need to register with this SSIC code?
Every business entity registered with ACRA must select at least one SSIC code that best describes its principal economic activity. You can declare up to two codes — one primary and one secondary — via BizFile+.
What international standard does SSIC map to?
SSIC 2025 is aligned with the UN International Standard Industrial Classification (ISIC) Rev. 5. Each SSIC code maps to one or more ISIC Rev. 5 classes, making Singapore business data internationally comparable.
Can I hold more than one SSIC code at the same time?
Yes. ACRA allows one primary SSIC code and one secondary SSIC code per registered entity. If your business spans multiple distinct activities, choose the code that generates the highest share of revenue as primary.
How do I change my registered SSIC code?
You can update your SSIC code through BizFile+ by filing a "Change in Business Activity" transaction. Changes take effect upon ACRA approval. IRAS and other agencies should also be notified if the change affects tax classification.
Official sources
What to do next
Data source: Department of Statistics Singapore (SingStat / DOS) (https://www.singstat.gov.sg/standards/standards-and-classifications/ssic). The site mirrors official workbook data and adds deterministic cluster mapping and risk scoring. Not the authoritative source — always verify against the original spreadsheet.
Last data refresh: 15 Apr 2025. Classification version: SSIC 2025.
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