As the national business registry of Singapore, ACRA maintains the register of business entities. The following statistics on business entities registered with ACRA will be updated on a monthly basis.

2022 Statistical Highlights - Monthly business entity count

 Entity type Jan Feb   Mar  Apr  May Jun  July  Aug Sep  Oct  Nov  Dec 
Businesses (Partnerships & Sole Proprietorships) 146,627 146,615  146,446  146,073  145,658              
Companies*  390,715 391,557  393,302  394,876 396,206 
             
Limited Liability Partnerships 17,436 17,469  17,479  17,223  17,200              
Limited Partnerships  552 558  568  579 580               
Public Accounting Firms 437 438 435  434   435              
Variable Capital Companies 494 511  522  554  567              
Total Live count 556,261 557,148  558,752  559,739  560,646              
* Local and foreign companies

Data as of 1 Jun 2022

Formation of business entities (2022)

 Entity type Jan Feb   Mar  Apr  May Jun  July  Aug Sep  Oct  Nov  Dec 
Businesses (Partnerships & Sole Proprietorships) 1,252  1,272  1,438  1,255  1,301              
Companies* 3,684 3,294  4,081  4,044 3,717               
Limited Liability Partnerships 114 124  104 110  107               
Limited Partnerships 14 9 16  14               
Public Accounting Firms 1 1  0              
Variable Capital Companies 24  17  12  32 15               
 Total Formation 5,089 4,717  5,651  5,455 5,149               
* Local and foreign companies

Formation of business entities by sector (2022)

 Sector type Jan Feb   Mar  Apr  May Jun  July  Aug Sep  Oct  Nov  Dec 
Manufacturing 188 207  226  203  198              
Construction 251 281 315   268  259              
Wholesale Trade 691 578  717  723  751              
Retail Trade 462 391  504 376   379              
Transportation & Storage 196 205  238  220  207              
 Accommodation 3 4  2  5              
Food & Beverage Services 272 234  310 301   260              
Information & Communications 760 729 858   729 734               
Finance & Insurance  704 622 720  818 610               
 Real Estate 49  44  78  74 66               
Professional Services  839 764  891  887 884               
Administrative & Support Services 174  159  177  192  190              
Education, Health & Social Services  223 209  236 215   239              
Arts, Entertainment, Recreation & Other Services 255  268 344   424  342              
Others  22 22  32 23   25              
Total  5,089  4,717 5,651  5,455  5,149               

Cessation of business entities (2022)

* Local and foreign companies
 Entity type Jan Feb   Mar  Apr  May Jun  July  Aug Sep  Oct  Nov  Dec 
Businesses (Partnerships & Sole Proprietorships) 1,366 1,284 1,607  1,628   1,716              
Companies* 2,444 2,452  2,336  2,470  2,387              
Limited Liability Partnerships 103 91  94  366  130              
Limited Partnerships 5 3  6  3  7              
Public Accounting Firms 0 0  3  1  0              
Variable Capital Companies 0 0  1  2              
Total Cessation 3,918 3,830  4,047  4,468  4,242              

Cessation of business entities by sector (2022)

 Sector type Jan Feb   Mar  Apr  May Jun  July  Aug Sep  Oct  Nov  Dec 
Manufacturing 150 154  164  221  171              
Construction 178 192   184  197  247              
Wholesale Trade 692 685  753  765  769              
Retail Trade 424 421  487  547 477               
Transportation & Storage 230 224 261  280   280              
 Accommodation 8 7  4  4  8              
Food & Beverage Services 216 208  216 245   233              
Information & Communications  596 373 382  424  415              
Finance & Insurance  247 275 270  305 282               
Real Estate  38 40  48  47 49               
Professional Sevices 546 601  650  685  673              
Administrative & Support Services  168 201 172   229  203              
Education, Health and Social Services 176  210  199 233  193               
Arts, Entertainment, Recreation & Other Services  224 215   230 262   215              
Others 25  24  27 24   27              
Total  3,918 3,830 4,047   4,468  4,242              
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