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Retail of Medical Goods and Cosmetics in Singapore

Retail of Medical Goods and Cosmetics in Singapore

Selling cosmetic products in Singapore

Singapore companies selling medical goods and cosmetic products for human use fall under the regulations of the Health Sciences Authority (HSA) which is part of the Ministry of Health. The Health Sciences Authority will also issue the licenses for the retail of cosmetic products. In order to enable a better protection for the customer, the HSA implemented the ASEAN Cosmetics Directive (ACD) in 2008 which derives from the Health Products Act enabled in 2007. According to the ACD companies selling cosmetic products in Singapore are required to notify the Health Sciences Authority before starting selling their products.

Companies importing or manufacturing cosmetic products are not required to apply for a manufacturer’s or importer’s license in Singapore.

Product notifications for Singapore cosmetic companies

As mentioned above no license is required in order to sell medical and cosmetic products in Singapore in 2024, except for filing a product notification with the Health Sciences Authority. Singapore companies will receive an acknowledgement of notification and then may start selling their products. The product notification must be submitted through the online Pharmaceutical Regulatory Information System. The Product Information File for cosmetics issued by the HSA will contain the following information:

  • the acknowledgement of notification,
  • the qualitative and quantitative formula of the product,
  • a product presentation,
  • the label of the product,
  • a manufacturing statement,
  • a safety assessment,
  • a summary on the undesirable effects on human health.

For details about submitting the product notification you may ask our specialists in Singapore.

What are the requirements to open a cosmetics retail store in Singapore in 2024?

The first step to open a retail store for selling medical and cosmetic products is to register the company with the Singapore Companies Register. Being one of the easiest places to do business at global level, the registration procedure for a company in Singapore is quite simple and can be completed within 24 hours.

Before incorporating a Singapore company, one must obtain the approval for the premises where the business activity will be conducted. In order to bring any modifications to the premises, one must obtain approval from the Urban Redevelopment Authority and a Fire Safety Certificate from the Singapore Civil Defense Force.

Types of cosmetic products that can be sold in Singapore

The following goods can be categorized as cosmetic products in the city-state:

  • cleaning products;
  • perfumes;
  • makeup;
  • haircare products;
  • oral hygiene goods;
  • bath products;
  • suncare goods.

They represent some of the most sold goods in Singapore. According to market statistics:

  • during the first half of 2024, the cosmetic goods retail sector generated a revenue of USD 1.244 million;
  • this equals an increase of approximately 1% annual growth;
  • 26% of the consumers acquired such goods online;

If you need assistance in order to open a company in Singapore as a retail business please contact our consultants in company incorporation.