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Why do you ask so much about my business activity?

Last updated: Oct 21, 2026, 17:46 (UTC+08:00)

Because ACRA registers every company under one or two activity codes (SSIC), and the code affects referrals to other agencies, licences and what banks expect to see. A vague description can slow approval or the bank review. A few specific lines, such as “online sale of skincare to Southeast Asia”, are enough.

Source: Registering a local company via Bizfile, Accounting and Corporate Regulatory Authority (ACRA)

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