The SSIC 18114 classification pertains to printing of continuous and fan-fold forms. This official code is mandatory when registering a business entity with ACRA (Accounting and Corporate Regulatory Authority) in Singapore.

Key Characteristics:

Subject to strict licensing and regulatory oversight by relevant authorities in Singapore due to the sensitive nature of the printed materials, as outlined in the Printing Presses and Publications Act.
Often structured as private limited companies (Pte Ltd) to ensure limited liability and facilitate potential government contracts.
Compliance with the Personal Data Protection Act (PDPA) is crucial when handling sensitive personal data printed on identity cards, passports, or credit cards.

Common Business Operations

Printing of security documents (including stamps, bank notes, cheques, credit cards, identity cards, passports and other security documents) is classified under this code.

Printing of Singapore passports and National Registration Identity Cards (NRICs) under contract with the Immigration & Checkpoints Authority (ICA).

Production of bank notes and cheques for local banks, adhering to Monetary Authority of Singapore (MAS) guidelines on security features.

Printing of credit and debit cards for financial institutions, complying with Payment Card Industry Data Security Standard (PCI DSS) requirements, a standard frequently audited in Singapore.