Home Knowledge Singapore Singapore Company Registration private limited company Singapore Travel Agency License Application Guide
1. |
Travel Agency License |
||||||||||
|
The STB has defined a travel agent as providing the following services under Section 4 of the Travel Agent’s Act (Cap 334):
The term "supply", in relation to a travel product, includes the sale, or arranging for the provision, of the travel product. This Section applies only where any of the acts described in (1) to (5) above is carried out in Singapore. For example, an overseas travel agent who arranges and sells a travel package outside of Singapore does not require a travel agent licence, even if the travel package includes travel to or from Singapore. |
||||||||||
2. |
Type of Travel Agency License |
||||||||||
|
STB currently offers two (2) types of travel agent licences as follows:- (1) Niche Licence Travel agents who intend to sell, arrange or advertise only tours within Singapore, that provide conveyance to participants but without any right of accommodation (e.g. sit-in coach tours) can apply for a Niche licence. The Niche Licence has lower minimum capital requirements of SGD50,000. (2) General Licence Travel agents conducting any other activity beyond what is described in the scope of a Niche Licence should apply for a General Licence. The General Licence has minimum capital requirements of SGD100,000. |
||||||||||
3. |
Requirements for Travel Agency License Application |
||||||||||
|
Before filling in the application form for a travel agency license in Singapore, you must be aware of the following requirements: (1) Company registration Incorporate a Singapore company with ACRA. The company must be registered under the Standard Industrial Classification (SSIC) codes of 79101 for Travel Agencies and Tour Operators (Main Inbound), 79102 for Travel Agencies and Tour Operators (Main Outbound) or 79103 for Ticketing Agencies (including Airline, Tour Bus and Cruise Ship). (2) Paid-up Capital The company must have a minimum paid-up capital of SGD50,000 (for Niche Licence) or SGD100,000 (for General Licence), and a net value of the same amount. (3) Key Executive The company must nominate a suitable person for the position of key executive. A key executive is responsible for the day-to-day administration and operations of the travel agency. He/she should preferably be a director of the business (as listed in ACRA) and have managerial experience in the travel business. He/she must be a Singapore citizen, permanent resident, Employment Pass or EntrePass holder. (4) Email Address The company should set up an e-mail address specifically for the operation of travel agency business. (5) Management Staff and Personnel All directors, executives and managerial staff of the entity must be persons of good character and fame. The company may be required to produce satisfactory evidence to support such requirements. (6) Office Space and Signboard The company must set up an office (e.g. home office scheme, commercial office) to be used for the conduct of the travel agency business. You may apply for the licence without an office premises first and seek STB’s pre-approval. Confirmation of the office premises must be submitted within 3 months of the pre-approval. |
|
|||||||||
4. |
Documents needed for applying Travel Agency License |
||||||||||
|
|
||||||||||
5. |
Application Procedures of Travel Agency License |
||||||||||
|
All travel agency license applications are filed online:
Please note that you are not allowed to commence business until STB grants final approval to the licence application. |
||||||||||
6. |
Renewals |
||||||||||
|
The Singapore travel agency license is valid for two years and expires on 31 December of the following year irrespective of the month in which you initially made your application. You must renew your license one month before it expires. Besides, every licensee shall submit the following information to the STB on annually basis:
|
Disclaimer All information in this article is only for the purpose of information sharing, instead of professional suggestion. Kaizen will not assume any responsibility for loss or damage. |