Import or wholesale of CPM locally
An import licence and a wholesale dealer’s licence are required to import and wholesale CPM products respectively. Your company must comply with the Good Distribution Practice (GDP) standard before these licences are granted to you.
Companies that intend to import CPM for local use in Singapore are required to obtain at least an in-principle approval for CPM product listing application before applying for import licence for CPM. Issuance of the import licence for CPM is subject to the approval of CPM product listing and the satisfactory close-out of GDP audit.
If you have outsourced the import and wholesale activities including the invoicing to another company, you do not need to hold these licences yourself. The above licensing requirements and GDP compliance apply to the company that you have outsourced the activities to.