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.

2020 Statistical Highlights - Monthly business entity count

 Entity type Jan Feb   Mar  Apr  May Jun  July  Aug Sep  Oct  Nov  Dec 
Businesses (Partnerships & Sole Proprietorships) 143,207 142,833 142,481  142,272  142,064  142,569  142,953  143,479  143,812      
Companies*  357,051  358,243  359,704  359,852  360,113  361,315  362,910  366,949  367,697      
Limited Liability Partnerships  17,260  17,292  17,355  17,408  17,442  17,516  17,630  17,850  17,777      
Limited Partnerships  421  416  420  424  434  436  451  455  466      
Public Accounting Firms  456  455  455  456  457  456  452  453  455    
 
Total Live count  518,395  519,239  520,415  520,412  520,510  522,292 524,396   529,186  530,207      
* Local and foreign companies

Data as of 1 October 2020
 

Formation of business entities (2020)

 Entity type Jan Feb   Mar  Apr  May Jun  July  Aug Sep  Oct  Nov  Dec 
Businesses (Partnerships & Sole Proprietorships) 1,206  1,220  1,419  1,283  1,356 1,946 1,889 1,876   1,729      
Companies* 3,732 3,156 3,405 2,349  2,298 3,417 3,974 4,102   4,139      
Limited Liability Partnerships 137 134  136  130  136  188 220 221  165      
Limited Partnerships 7 13 11 17 10  12      
Public Accounting Firms 0 1 0 1 1 0 1  2    
 
 Total Formation 5,082 4,515  4,969  3,768  3,804  5,563  6,100  6,210   6,047      
* Local and foreign companies

Formation of business entities by sector (2020)

 Entity type Jan Feb   Mar  Apr  May Jun  July  Aug Sep  Oct  Nov  Dec 
Manufacturing 167 131 205 130  156 241 247 265  232      
Construction 205 209 226 102 91 148 214 204  236      
Wholesale Trade 899 741 852 693  692 1,043 1,232 1,205  1,043      
Retail Trade 476 399 480 543 668 995 965 955  900      
Transportation & Storage 240 215 212  232 169  268 286 318  270    
 
 Accommodation 5 6 6 5 2 2 3 6      
Food & Beverage Service Activities 196 204 216 138 135 237  315 336  366      
Information & Communications 543 486 485 444  420 611 594 701  605      
Financial & Insurance Activities 530 481 531 365 349 442 529 474  581      
Real Estate Activities 53 47 51 21  30 44 53 44  63      
Professional, Scientific & Technical Activities 958 862 876 632 596 788 837 931  885      
Administrative & Support Service Activities 248  236 250 112 102 198 189 181  178      
Education, Health & Social Services 283 235 267 177 187  235 287 246  300      
Arts, Entertainment, Recreation & Other Services Activities 251 235 268 153 169 273  325 314  348      
 Others 28  28  44  21  38  38  24 30  31      
 Total 5,082 4,515 4,969 3,768 3,804 5,563 6,100 6,210 6,047       

Cessation of business entities (2020)

* Local and foreign companies
 Entity type Jan Feb   Mar  Apr  May Jun  July  Aug Sep  Oct  Nov  Dec 
Businesses (Partnerships & Sole Proprietorships) 1,787  1,594  1,771  1,492  1,564 1,441 1,505 1,350  1,396      
Companies* 1,966 1,964 1,944 2,201 2,037 2,215 2,379 63   3,391      
Limited Liability Partnerships 86 102 73 77 102 114 106  238      
Limited Partnerships 5 9 5 3 9 2  1      
Public Accounting Firms 1 2 0 0 0 2 4  0    
 
Total Cessation 3,845  3,671  3,793  3,771  3,706  3,781  3,996  1,420   5,026      
Due to Covid-19 pandemic and the implementation of Circuit Breaker in Singapore from 7 Apr to 1 Jun 2020, ACRA had extended the time for relevant parties to respond to notices for the striking off applications by companies and limited liability partnerships. This has a consequential effect on the published cessation statistics for Aug to Oct 2020.

ACRA has since resumed the standard processing time for striking off applications.

Cessation of business entities by sector (2020)

 Entity type Jan Feb   Mar  Apr  May Jun  July  Aug Sep  Oct  Nov  Dec 
Manufacturing 150 134 155  154 132 161 115 77   175      
Construction 198 166 198 167 169  184 200 62   187      
Wholesale Trade 711 676 629 695 614  672 697 187   838      
Retail Trade 426 426 397 362 383 380 400 219   457      
Transportation & Storage 319 341 314 321 323 275  302 202   362    
 
 Accommodation 5 5 8 7 5 7 6  8      
Food & Beverage Service Activities 189 180 190 159 149 178 197 76   215      
Information & Communications 357 352 376 355  532 460  482 80   653      
Financial & Insurance Activities 245 223 264 305 240  243 269 32   428      
Real Estate Activities 51 42 46 62 53 48 52 12   63      
Professional, Scientific & Technical Activities 564 534 578 583 537 615 628 186   840      
Administrative & Support Service Activities 184 181 178 178 170 165 196 81   223      
Education, Health & Social Services 181 196 203 216 176  194  201 69   284      
Arts, Entertainment, Recreation & Other Services Activities 244 189 241  183 205 175  215 133   262      
 Others 21 26 16  24  18  24  36  31      
 Total 3,845  3,671  3,793  3,771  3,706  3,781  3,996  1,420   5,026      

 

Data as of 1 October 2020

2019 Statistical Highlights

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