Singapore is one of the most attractive touristic destinations in Southeast Asia, and it is also one of the most appealing investment destinations in the tourism field. Over the years, Singapore has determined a great number of local and foreign enterprisers have set up businesses in this field, among the most prolific ones being travel agencies and tour operators.
Foreign entrepreneurs who want to open travel agencies are required to go through a few mandatory steps, among which obtaining a travel agency license in Singapore. Our Singapore company formation consultants can explain the requirements when applying for a travel agency license.
The Travel Agents Act is the legal framework which provides for the requisites when applying for a travel agency license. First of all, not all activities in the tourism field require a travel agency license in Singapore. Travel agents and tour operators must apply for this special license if they offer the following services:
Our Singapore company formation experts can offer more information on the Travel Agents Act.
In order to obtain a travel agency license in Singapore, a local or foreign investor must comply with the following requirements:
The applications for the travel agency license are filed with the Singapore Tourism Board. The license should be issued in approximately 2 weeks.
The Singapore travel agency license has a 2-year validity period and can be renewed. It should be noted that the expiry date of a travel agency license is the 31st of December, no matter the date it was obtained.
If you want to open a company in Singapore and need assistance in obtaining the travel agency license, please feel free to contact our company registration advisors.