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How to Obtain a Travel Agency License in Singapore

Updated on Thursday 06th December 2018

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Opening-a-Travel-Agency-in-SingaporeSingapore 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.

You can also watch our video on how to apply for a Singapore travel agency license:

The Travel Agents Law in Singapore

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:

  • -          they sell tickets to individuals who want to travel in or outside the country;
  • -          they sell transportation tickets for travel purposes;
  • -          they arrange accommodation for tourists;
  • -          they organize tours in or outside Singapore;
  • -          they resell any of the types of tickets mentioned above.

Our experts in opening companies in Singapore can offer more information on the Travel Agents Act.

Requirements when applying for a travel agency license in Singapore

In order to obtain a travel agency license in Singapore, a local or foreign investor must comply with the following requirements:

  • -          register any type of business form with ACRA;
  • -          deposit a minimum share capital of 100,000 SGD;
  • -          appoint a company manager who must be approved by the Singapore Tourism Board;
  • -          create a website through which the services of the travel agency are offered and promoted;
  • -          to have a separate e-mail address for customers;
  • -          to have registered address in Singapore.

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 formation advisors.

 

Why choose us?

Roger Pay is the Managing Director of Bestar and an experienced company formation consultant. He will help you open your company in Singapore as fast as possible. 

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As a Bestar clientyou will benefit from the joint expertise of local lawyers and consultants for opening an offshore company in Singapore.

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Call us now at +65 97236684 in order to set up an appointment with our consultants in Singapore

 
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