The SSIC 4775 classification pertains to retail sale of optical and photographic goods in specialised stores. This official code is mandatory when registering a business entity with ACRA (Accounting and Corporate Regulatory Authority) in Singapore.

Key Characteristics:

Compliance with the Consumer Protection (Fair Trading) Act (CPFTA) regarding product descriptions and warranties.
Common business structures include sole proprietorships, partnerships, and private limited companies (Pte Ltd) registered with ACRA.
Regulatory requirements include compliance with the Health Products Act if selling products regulated by the Health Sciences Authority (HSA), such as certain skincare items.

Common Business Operations

Retail sale of cosmetics and toiletries (including skin care products and perfumes).

Activities include selling cosmetics, perfumes, skincare products, and toiletries in retail outlets, department stores, or online platforms.

Example: A shop selling imported Korean skincare products and locally manufactured soaps.

Industry practices often involve participating in beauty fairs and promotions, aligning with trends highlighted in EDB's reports on the retail sector.