SSIC 649 OTHER FINANCIAL SERVICES ACTIVITIES, EXCEPT INSURANCE AND PENSION FUNDING ACTIVITIES
Companies in This Category (7,929)
NARAYAN GLOBAL PTE. LTD.
Incorporated May 2026
SSIC: 649
Live Company
EUGE SINGAPORE PTE. LTD.
Incorporated May 2026
SSIC: 649
Live Company
VEGAWIZARD PTE. LTD.
Incorporated May 2026
SSIC: 649
Live Company
ECFO SERVICES PTE. LTD.
Incorporated May 2026
SSIC: 649
Live Company
ET FLOW
Incorporated May 2026
SSIC: 649
Live
GOLDCONNECT PTE. LTD.
Incorporated May 2026
SSIC: 649
Live Company
NEW ORIGO HOLDINGS PTE. LTD.
Incorporated May 2026
SSIC: 649
Live Company
RICARDO FINANCIAL SERVICES (III) PTE. LTD.
Incorporated May 2026
SSIC: 649
Live Company
SUEBO TRADING
Incorporated May 2026
SSIC: 649
Live
J. S. RESEARCH PARTNERS PTE. LTD.
Incorporated May 2026
SSIC: 649
Live Company
NEWLON HOLDINGS PTE. LTD.
Incorporated May 2026
SSIC: 649
Live Company
MM ADVISORY SERVICES (MMAS) PTE. LTD.
Incorporated May 2026
SSIC: 649
Live Company
🔒 Free Preview:
You're viewing the first page of results
Related Categories (3)
Understanding SSIC 649
The SSIC 649 classification pertains to other financial services activities, except insurance and pension funding activities. This official code is mandatory when registering a business entity with ACRA (Accounting and Corporate Regulatory Authority) in Singapore.
Key Characteristics:
- Subject to licensing requirements under the Moneylenders Act (Cap. 188) if lending to individuals, unless specifically exempted (e.g., regulated by MAS under other legislation).
- Common business structures include Private Limited Companies (Pte Ltd) due to liability protection and potential for raising capital.
- Regular reporting to ACRA is required, including annual returns and financial statements, adhering to Singapore Financial Reporting Standards (SFRS).
Common Business Operations
This class includes the provision of credit facilities other than by banks, finance companies and pawnshops, such as factoring companies and credit card companies.
Providing credit card services to consumers, including managing credit limits, transaction processing, and debt collection, often involving partnerships with local merchants.
Factoring receivables for businesses, purchasing invoices at a discount to provide immediate working capital, a common practice among SMEs in Singapore.
Offering hire-purchase financing for equipment or vehicles, particularly prevalent in the transportation and construction sectors, as noted in EDB's industry reports.