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 |
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|
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Sole Proprietorships & Partnerships |
143,430 |
143,372 |
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|
Limited Liability Partnerships |
16,922 |
16,908 |
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Limited Partnerships |
729 |
740 |
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Public Accounting Firms |
410 |
411 |
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Variable Capital Companies |
1,020 |
1,035 |
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Total Live count |
590,831 |
591,230 |
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* 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 |
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|
|
|
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|
|
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Sole Proprietorships & Partnerships |
1,742
|
1,405 |
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|
|
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|
|
Limited Liability Partnerships |
136 |
102 |
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Limited Partnerships |
15 |
15 |
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Public Accounting Firms |
1 |
1 |
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Variable Capital Companies |
14 |
15 |
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Total Formation |
6,458 |
5,076 |
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* 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 |
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|
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|
|
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|
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Construction |
377 |
243 |
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Wholesale Trade |
1,002 |
732 |
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Retail Trade |
568 |
462 |
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|
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Transportation & Storage |
237 |
207 |
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Accommodation |
13 |
9
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Food & Beverage Services |
323 |
237 |
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Information & Communications |
831 |
663 |
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Finance & Insurance |
571 |
473 |
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Real Estate |
89 |
73 |
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Professional Services |
1,107 |
943 |
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Administrative & Support Services |
322 |
256 |
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Education, Health & Social Services |
344 |
260 |
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Arts, Entertainment, Recreation & Other Services |
412 |
318 |
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Others |
27 |
29 |
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Total |
6,458 |
5,076 |
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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 |
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Sole Proprietorships & Partnerships |
1,615 |
1,463 |
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Limited Liability Partnerships |
105 |
116 |
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Limited Partnerships |
4 |
4 |
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Public Accounting Firms |
2 |
0 |
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Variable Capital Companies |
3 |
0 |
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Total Cessation |
4,391 |
4,677 |
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Cessation of business entities by sector (2024)
Sector type |
Jan |
Feb |
Mar |
Apr |
May |
Jun |
July |
Aug |
Sep |
Oct |
Nov |
Dec |
Manufacturing |
170 |
199 |
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|
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|
|
|
|
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Construction |
197 |
226 |
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Wholesale Trade |
751 |
848 |
|
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|
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Retail Trade |
477 |
475 |
|
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|
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Transportation & Storage |
240 |
258 |
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Accommodation |
6 |
8 |
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Food & Beverage Services |
223 |
250 |
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Information & Communications |
582 |
585 |
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Finance & Insurance |
367 |
417 |
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Real Estate |
49 |
67 |
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Professional Sevices |
657 |
687 |
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Administrative & Support Services |
169 |
187 |
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Education, Health and Social Services |
244 |
198 |
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Arts, Entertainment, Recreation & Other Services |
240 |
243 |
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Others |
19 |
29 |
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Total |
4,391 |
4,677 |
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