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