Wholesale of jewellery made from precious metals and stones
This sub-class includes wholesale of jewellery made from precious metals and/or stones.
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.
Registration of Precious Stones and Precious Metals Dealers
- Validity
- 1 year
- Processing
- 30 working days
Prerequisites (20)
- NRIC/FIN/Passport
- Please provide the NRIC/FIN/Passport of the person holding an analogous position involved in the management of the applicant and the outlet manager/ person in-charge of the outlet (if applicable)
- For foreigners / foreign business entities, please provide the FIN/Passport of the following persons:
- The applicant
- Substantial shareholder
- Director
- Manager
- Partner
- Company Secretary
- Other person holding an analogous position involved in the management of the applicant
- Employee managing the applicant's business of regulated dealing or business as an intermediary.
- Please name your file in the following manner:
- NRIC/FIN/PASSPORT NUMBER.pdf
- File format: pdf, jpg, png
- Maximum upload per application: 2 MB
- Foreign Business Registry Records
- Only applicable for foreign business entities
- File format: pdf, xls, xlsx, doc, docx
- Maximum upload per application: 2 MB
- Others
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.
Global Trader Programme (GTP)
Eligibility: Substantial trading activity from Singapore: turnover thresholds, local hires, business spend.
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
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