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.

2021 Statistical Highlights - Monthly business entity count

 Entity type Jan Feb   Mar  Apr  May Jun  July  Aug Sep  Oct  Nov  Dec 
Businesses (Partnerships & Sole Proprietorships) 144,808  144,952  145,240  145,396  145,144 145,226  145,251   145,299  145,339 145,252    
Companies*  375,996  376,866  378,636  380,386 381,007   382,626 383,495   384,557  385,918 387,227     
Limited Liability Partnerships 17,898  17,960  17,971 17,945  17,854  17,538   17,428  17,362  17,331  17,315    
Limited Partnerships  485  483  496  505  509  519  529  536  545 551     
Public Accounting Firms 445  445  449  446  443  445  446 444  446  447  
 
Variable Capital Companies 198 213 240 273 300 331   359  377 394   414    
Total Live count  539,830  540,919  543,032  544,951 545,257   546,685  547,508  548,575  549,973  551,206    
* Local and foreign companies

Data as of 1 November 2021

Formation of business entities (2021)

 Entity type Jan Feb   Mar  Apr  May Jun  July  Aug Sep  Oct  Nov  Dec 
Businesses (Partnerships & Sole Proprietorships) 1,746 1,346   1,813  1,575  1,407 1,534  1,496  1,462  1,438 1,385     
Companies* 4,019  3,078  4,368  4,052  3,491 3,741 3,882   3,737  3,766  3,696    
Limited Liability Partnerships 162  147  173  170  156  146  161  151  145  149    
Limited Partnerships 11  5  14  13  10  15 18   13 17   16    
Public Accounting Firms 1  1  5  1  0  3  2  1    
Variable Capital Companies  13 15  27  33  27  31   28  18  17  21    
 Total Formation 5,952 4,592  6,400  5,844  5,091  5,470   5,587  5,381 5,385   5,268    
* Local and foreign companies

Formation of business entities by sector (2021)

 Sector type Jan Feb   Mar  Apr  May Jun  July  Aug Sep  Oct  Nov  Dec 
Manufacturing 268  183  265  237  190 237   248  217  226  203    
Construction 291  214  297  264  228 238  256  249  256  229    
Wholesale Trade 777 599   806  712  634 683   722  675  652  625    
Retail Trade 807  595  834  706 701  740  725  794  728  749    
Transportation & Storage 261  204  262  266  230 262   247  255  220  232    
 Accommodation 4  2  4  4  9  5  6    
Food & Beverage Services 424  298  444  400 296  293 306  288   334  312    
Information & Communications 563  469 725  658   601 683   619  587  656  632    
Finance & Insurance 627  521  730  693  635 698  759  708 734   719    
Real Estate 69 40   73  69  40 65  57  52  64  64    
Professional Services 946  768  956  908 828  824   807 808   798  803    
Administrative & Support Services 192  147  199 206   130 157 193   153 156   146    
Education, Health & Social Services 341  272  330  322  267 261   262  266  248 242     
Arts, Entertainment, Recreation & Other Services 344  255  434  363  269 301   341 293  291   267    
 Others 38  25  41  36  33 23  40  29  20  39    
 Total 5,952  4,592  6,400  5,844 5,091  5,470  5,587 5,381   5,385  5,268    

With effect from Oct 2021, the statistics on Formation and Cessation of business entities by sector will be based on the Singapore Standard Industrial Classification (SSIC) 2020.

Cessation of business entities (2021)

* Local and foreign companies
 Entity type Jan Feb   Mar  Apr  May Jun  July  Aug Sep  Oct  Nov  Dec 
Businesses (Partnerships & Sole Proprietorships) 1,391  1,202  1,525  1,419  1,659 1,452   1,471  1,414  1,398  1,472    
Companies* 2,061  2,208  2,598  2,302  2,870  2,122  3,013  2,675 2,405   2,387    
Limited Liability Partnerships 148  85  162  196  247 462   271  217  176  165    
Limited Partnerships 5  7  1  4  6  8  6  8  10    
Public Accounting Firms 5  1  1  4  3 1  1  2  0  0    
Variable Capital Companies  0 0  0  0  1    
Total Cessation 3,610 3,503  4,287  3,925  4,785  4,042  4,764  4,314  3,987 4,035     

Cessation of business entities by sector (2021)

 Sector type Jan Feb   Mar  Apr  May Jun  July  Aug Sep  Oct  Nov  Dec 
Manufacturing 171  125  185  162 175 150  181  182 157  160    
Construction 173  157  191  183 228  182   210 214  168  163    
Wholesale Trade 605  631  727  668 869  692  886  761  757 732     
Retail Trade 362  366  465  397  493 464   532  472  459  486    
Transportation & Storage 275  231  250  263  327 277 304   283  250  261    
 Accommodation 5  9  12  8  8 2  6  6  8  9    
Food & Beverage Services 168  168  213  169  226 242   227  231 202   226    
Information & Communications 364  421  526  414 617  392   565  446  402  395    
Finance & Insurance 226  285  317  287  352 283   330  323  285  301    
Real Estate 56  40  47  59  45 33  56  53  44  47    
Professional Services 589  514  650  627 696  607  712  682  573  603    
Administrative & Support Services 185  179  195  219  219 222  218   211 210   162    
Education, Health & Social Services 189  169 238   221  226 247   229  205  195  213    
Arts, Entertainment, Recreation & Other Services 218   184  244  226  276 222  277 218  253  251    
 Others  24  24  27  22  28  27  31  27  24  26    
 Total  3,610 3,503   4,287  3,925  4,785  4,042  4,764  4,314  3,987  4,035    

With effect from Oct 2021, the statistics on Formation and Cessation of business entities by sector will be based on the Singapore Standard Industrial Classification (SSIC) 2020.
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