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.

2024 Statistical Highlights - Monthly business entity count

 Entity type Jan Feb   Mar  Apr  May Jun  July  Aug Sep  Oct  Nov  Dec 
 Companies* 428,320 428,764  
               
Sole Proprietorships & Partnerships 143,430 143,372     
             
Limited Liability Partnerships 16,922  16,908                     
Limited Partnerships 729 740     
             
Public Accounting Firms 410 411                     
Variable Capital Companies 1,020  1,035                     
Total Live count 590,831 591,230                     
* Local and foreign companies

Data as of 1 March 2024

Formation of business entities (2024)

 Entity type Jan Feb   Mar  Apr  May Jun  July  Aug Sep  Oct  Nov  Dec 
Companies* 4,550  3,538                     
Sole Proprietorships & Partnerships 1,742
1,405 
                 
Limited Liability Partnerships 136  102               
   
Limited Partnerships 15  15                     
Public Accounting Firms 
                 
Variable Capital Companies 14 15                     
 Total Formation 6,458  5,076                     
* Local and foreign companies

Formation of business entities by sector (2024)

 Sector type Jan Feb   Mar  Apr  May Jun  July  Aug Sep  Oct  Nov  Dec 
Manufacturing 235  171           
       
Construction 377  243             
     
Wholesale Trade 1,002 732 
                 
Retail Trade 568 462 
                 
Transportation & Storage 237 207                     
 Accommodation 13 9
                 
Food & Beverage Services 323  237                     
Information & Communications 831 663                     
Finance & Insurance  571 473 
                 
 Real Estate 89  73 
                 
Professional Services 1,107  943 
                 
Administrative & Support Services 322 256 
                 
Education, Health & Social Services 344 260                     
Arts, Entertainment, Recreation & Other Services 412 318                     
Others 27  29                     
Total  6,458  5,076                     

Cessation of business entities (2024)

* Local and foreign companies
 Entity type Jan Feb   Mar  Apr  May Jun  July  Aug Sep  Oct  Nov  Dec 
 Companies* 2,662  3,094             
     
Sole Proprietorships & Partnerships 1,615  1,463             
     
Limited Liability Partnerships 105  116                     
Limited Partnerships                    
Public Accounting Firms                    
Variable Capital Companies                    
Total Cessation 4,391  4,677                     

 

Cessation of business entities by sector (2024)

 Sector type Jan Feb   Mar  Apr  May Jun  July  Aug Sep  Oct  Nov  Dec 
Manufacturing 170 199                     
Construction 197 226                     
Wholesale Trade 751  848                     
Retail Trade 477 475             
     
Transportation & Storage 240  258                     
 Accommodation            
     
Food & Beverage Services 223  250                     
Information & Communications 582  585                     
Finance & Insurance 367  417                     
Real Estate 49  67                     
Professional Sevices 657  687                     
Administrative & Support Services 169  187             
     
Education, Health and Social Services 244 198             
     
Arts, Entertainment, Recreation & Other Services 240  243                     
Others 19 29             
     
Total 4,391  4,677             
     
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