Travel Agency License
- Roger Pay
- Jun 9, 2024
- 2 min read
Travel Agency License
A travel agency license is required in order to conduct business as a travel agent in Singapore. The Singapore Tourism Board (STB) is the government body responsible for issuing travel agent licenses.
There are two types of travel agent licenses in Singapore:
General License: This license permits the holder to conduct any activities of a travel agent, including selling airline tickets, arranging tours, and booking hotels. To qualify for a general license, the business must have a minimum paid-up capital of S$100,000.
Niche License: This license permits the holder to sell travel packages within Singapore, but does not allow them to book accommodation. To qualify for a niche license, the business must have a minimum paid-up capital of S$50,000.
Here are the steps involved in applying for a travel agency license in Singapore:
Register your business with the Accounting & Corporate Regulatory Authority (ACRA).
Meet the minimum financial requirements.
Open a corporate bank account.
Set up an email address for your business.
Appoint a Key Executive who will be responsible for the day-to-day operations of the business.
Submit an application online via the Travel Agents and Tourist Guides Licensing System (TRUST).
Pay an application fee of S$200.
Once your application has been approved, you will need to pay a license fee of S$400. Your travel agency will then be listed in the Travel Agent Directory of TRUST.
Here are some resources that you may find helpful:
Singapore Tourism Board: Travel Agent Licence
GoBusiness Singapore: Travel Agent Licence
How Bestar can Help
Bestar's services is helpful in different stages of the process of travel agency licensing:
Company Registration: If you haven't registered your business yet, Bestar offers company registration services in Singapore which can help get you started.
Financial Requirements: We can assist with ensuring you meet the minimum paid-up capital requirement (S$100,000 for general license, S$50,000 for niche).
Travel Agency License Application: Bestar itself handles travel agency licensing process. We'll navigate the Singapore Tourism Board's (STB) resources and apply through their online system (TRUST).
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