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  145,303  144,997  144,764  144,500  144,138    
Companies*  390,715 391,557  393,302  394,876 396,206 
 397,952  399,304 401,135   402,518  403,572    
Limited Liability Partnerships 17,436 17,469  17,479  17,223  17,200  17,154 17,116   17,094  17,109  17,081    
Limited Partnerships  552 558  568  579 580  585  594  601   608 617     
Public Accounting Firms 437 438 435  434   435  434  435 434  433   433    
Variable Capital Companies 494 511  522  554  567  590  621  639  665  686    
Total Live count 556,261 557,148  558,752  559,739  560,646  562,018 563,067   564,667 565,833 566,527     
* Local and foreign companies

Data as of 1 Nov 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  1,360  1,400  1,553  1,453  1,268    
Companies* 3,684 3,294  4,081  4,044 3,717   3,865 3,894   4,149  4,054 3,736     
Limited Liability Partnerships 114 124  104 110  107   109  97  122 123   73    
Limited Partnerships 14 9 16  14   13  14  15  13  14    
Public Accounting Firms 1 1  0  0  0  1  0  0    
Variable Capital Companies 24  17  12  32 15   23  32 19   26  21    
 Total Formation 5,089 4,717  5,651  5,455 5,149   5,370  5,437 5,859  5,669   5,112    
* 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  198 196   190  216  192  192    
Construction 251 281 315   268  259  306  236  291  290 251     
Wholesale Trade 691 578  717  723  751  754 808   912  855  829    
Retail Trade 462 391  504 376   379  384  472  523  455  405    
Transportation & Storage 196 205  238  220  207  229 218  243   226  218    
 Accommodation 3 4  2  5 7 19   8  3    
Food & Beverage Services 272 234  310 301   260  303  302  295  322  289    
Information & Communications 760 729 858   729 734   763  723  856 743   691    
Finance & Insurance  704 622 720  818 610  698   736  703  723  592    
 Real Estate 49  44  78  74 66   50  51  59  80  75    
Professional Services  839 764  891  887 884   857 900   897  909 780     
Administrative & Support Services 174  159  177  192  190  186 200  209   228  199    
Education, Health & Social Services  223 209  236 215   239  222  229  227  282  238    
Arts, Entertainment, Recreation & Other Services 255  268 344   424  342  383  336 379  330   322    
Others  22 22  32 23   25  32  27 30   26  28    
Total  5,089  4,717 5,651  5,455  5,149  5,370  5,437   5,859  5,669  5,112    

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  1,715 1,706   1,786  1,717  1,630    
Companies* 2,444 2,452  2,336  2,470  2,387  2,119  2,542  2,318  2,671  2,682    
Limited Liability Partnerships 103 91  94  366  130  155  135  144  108  101    
Limited Partnerships 5 3  6  3  7  8  5  8  6  5    
Public Accounting Firms 0 0  3  1  0  1  0  1  1    
Variable Capital Companies 0 0  1  2  0  1  0    
Total Cessation 3,918 3,830  4,047  4,468  4,242  3,998 4,389   4,258  4,503  4,418    

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  200  190  186 185   184    
Construction 178 192   184  197  247 165   208  213  232  202    
Wholesale Trade 692 685  753  765  769  720  826 764   828  743    
Retail Trade 424 421  487  547 477   513 469  524   516  553    
Transportation & Storage 230 224 261  280   280 295   286  260  280  281    
 Accommodation 8 7  4  4  8  13  4  11  2    
Food & Beverage Services 216 208  216 245   233  172  213  245  246 284     
Information & Communications  596 373 382  424  415  426 426  479   455  429    
Finance & Insurance  247 275 270  305 282   225 305  240  294  355    
Real Estate  38 40  48  47 49   49  46  53  47 51     
Professional Sevices 546 601  650  685  673  565 687   619  678 641     
Administrative & Support Services  168 201 172   229  203  160 203 195   228 194     
Education, Health and Social Services 176  210  199 233  193   217 214  220 195   224    
Arts, Entertainment, Recreation & Other Services  224 215   230 262   215 264  284  237 275  241     
Others 25  24  27 24   27  23 19  19  33  34    
Total  3,918 3,830 4,047   4,468  4,242  3,998 4,389  4,258  4,503  4,418    
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