As the national business registry of Singapore, ACRA maintains the register of business entities. The following statistics on business entities registered with ACRA is updated on a monthly basis.
2023 Statistical Highlights - Monthly business entity count
Entity type |
Jan |
Feb |
Mar |
Apr |
May |
Jun |
July |
Aug |
Sep |
Oct |
Nov |
Dec |
Companies* |
407,970 |
409,916 |
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|
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Sole Proprietorships & Partnerships |
143,984 |
144,183 |
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|
Limited Liability Partnerships |
17,114 |
17,159 |
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Limited Partnerships |
639 |
644 |
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Public Accounting Firms |
425 |
427 |
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Variable Capital Companies |
860 |
872 |
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Total Live count |
570,992 |
573,201 |
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* Local and foreign companies
Data as of 1 Mar 2023
Formation of business entities (2023)
Entity type |
Jan |
Feb |
Mar |
Apr |
May |
Jun |
July |
Aug |
Sep |
Oct |
Nov |
Dec |
Companies* |
3,484 |
3,995 |
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Sole Proprietorships & Partnerships |
1,356 |
1,532 |
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|
Limited Liability Partnerships |
104 |
121 |
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Limited Partnerships |
13 |
10 |
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Public Accounting Firms |
0 |
2 |
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Variable Capital Companies |
79 |
12 |
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Total Formation |
5,036 |
5,672 |
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* Local and foreign companies
Formation of business entities by sector (2023)
Sector type |
Jan |
Feb |
Mar |
Apr |
May |
Jun |
July |
Aug |
Sep |
Oct |
Nov |
Dec |
Manufacturing |
183 |
204 |
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Construction |
248 |
319 |
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Wholesale Trade |
708 |
831 |
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Retail Trade |
461 |
460 |
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|
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Transportation & Storage |
201 |
230 |
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Accommodation |
11 |
3
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Food & Beverage Services |
221 |
303 |
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Information & Communications |
690 |
761 |
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Finance & Insurance |
546 |
604 |
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Real Estate |
50 |
86 |
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Professional Services |
900 |
997 |
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Administrative & Support Services |
211 |
229 |
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Education, Health & Social Services |
280 |
276 |
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Arts, Entertainment, Recreation & Other Services |
293 |
345 |
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Others |
33 |
24 |
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Total |
5,036 |
5,672 |
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Cessation of business entities (2023)
* Local and foreign companies
Entity type |
Jan |
Feb |
Mar |
Apr |
May |
Jun |
July |
Aug |
Sep |
Oct |
Nov |
Dec |
Companies* |
2,151 |
2,049 |
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Sole Proprietorships & Partnerships |
1,599 |
1,333 |
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Limited Liability Partnerships |
88 |
76 |
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Limited Partnerships |
6 |
5 |
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Public Accounting Firms |
3 |
0 |
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Variable Capital Companies |
0 |
0 |
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Total Cessation |
3,847 |
3,463 |
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Cessation of business entities by sector (2023)
Sector type |
Jan |
Feb |
Mar |
Apr |
May |
Jun |
July |
Aug |
Sep |
Oct |
Nov |
Dec |
Manufacturing |
161 |
158 |
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|
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Construction |
179 |
202 |
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Wholesale Trade |
742 |
644 |
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|
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Retail Trade |
442 |
351 |
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Transportation & Storage |
234 |
192 |
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Accommodation |
10 |
7 |
|
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|
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Food & Beverage Services |
186 |
195 |
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Information & Communications |
392 |
363 |
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Finance & Insurance |
264 |
263 |
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Real Estate |
50 |
40 |
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Professional Sevices |
569 |
491 |
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Administrative & Support Services |
189 |
160 |
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Education, Health and Social Services |
186 |
172 |
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Arts, Entertainment, Recreation & Other Services |
228 |
204 |
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Others |
15 |
21 |
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Total |
3,847 |
3,463 |
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