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.

2021 Statistical Highlights - Monthly business entity count

 Entity type Jan Feb   Mar  Apr  May Jun  July  Aug Sep  Oct  Nov  Dec 
Companies* 375,873  376,738  378,494  380,237  380,846  382,453  383,319  384,375  385,732  387,029  388,201  389,471
Sole Proprietorships & Partnerships 146,074 146,281 146,637 146,848 146,688 146,804  146,899   147,029  147,150 147,129 147,239 146,925 
Limited Liability Partnerships 17,898  17,960  17,971 17,945  17,854  17,538   17,428  17,362  17,331  17,315  17,377  17,425
Limited Partnerships  483  479 492 499 503 513 523 530  539 544  535  543
Public Accounting Firms 440  440 444 441 438 440 441 439 441 442  442 436
Variable Capital Companies 198 213 240 273 300 331  359  377 394   415  429  472
Total Live count 540,966 542,111 544,278 546,243 546,629  548,079 548,969 550,112 551,587 552,874 554,223 555,272
* Local and foreign companies

Data as of 1 February 2023

The business entities statistics have been updated to reflect the latest entities’ status as of 01 February 2023. All statistics by sector will be based on the Singapore Standard Industrial Classification (SSIC) 2020.

Formation of business entities (2021)

 Entity type Jan Feb   Mar  Apr  May Jun  July  Aug Sep  Oct  Nov  Dec 
Companies*  4,019  3,078  4,368  4,052  3,491  3,741  3,882 3,737  3,766   3,696  3,721 3,627 
Sole Proprietorships &  Partnerships 1,746 1,346   1,813  1,575  1,407 1,533  1,496  1,462  1,438 1,385  1,450 1,312 
Limited Liability Partnerships 162  147  173  170  156  146  161  151  145  149 162  113
Limited Partnerships 11  5  14  13  10  15 18   13 17   16 10  16
Public Accounting Firms 1  1  5  1  0  3  2 0  2   1 0  0
Variable Capital Companies  13 15  27  33 27 31   28  18  17  22 14 43 
 Total Formation 5,952 4,592  6,400  5,844  5,091  5,469 5,587 5,381 5,385  5,269 5,357  5,111
* 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 267 181 264  236  190 237   248 216  226  203  199  196
Construction 292  216  298 265 228 238 256 250  256  229  251  240
Wholesale Trade 777 599   806  712  634 682   722  675  652  625  770  683
Retail Trade 807  595  834  706 701  740  725  794  728  749  477  415
Transportation & Storage 261  204  262  266  230 262   247  255  220  232  218  211
 Accommodation 4  2  4  4  9 5   5 7  2   6  11  5
Food & Beverage Services 424  298  444  400 296  293 306  288   334  312 271   268
Information & Communications 565  470 727 661  602 686 621 588 658 632 831  828
Finance & Insurance 627  521  730  693 635 698  759 708 734   720  778  746
Real Estate 69 40   73  69  40 65  57 52  64  64  56  51
Professional Services 948  768  956  910 829 825   808 808  800 803  761  764
Administrative & Support Services 190 146  197 203   129 154 191   152 154   146  172 157 
Education, Health & Social Services 341  272  330  322  267 261   262  266  248 242   247 213 
Arts, Entertainment, Recreation & Other Services 344  255  434  363  269 301   341 293  291   267  286  298
 Others 36  25  41  34  33 22  39  29  18  39  29 36 
 Total 5,952  4,592 6,400  5,844 5,091  5,469 5,587 5,381  5,385 5,269 5,357  5,111

Cessation of business entities (2021)

* Local and foreign companies
 Entity type Jan Feb   Mar  Apr  May Jun  July  Aug Sep  Oct  Nov  Dec 
 Companies*  2,064 2,213   2,612  2,309 2,882  2,134  3,016  2,681 2,409   2,399  2,549  2,357
Sole Proprietorships & Partnerships 1,299  1,139  1,457  1,364  1,567 1,417  1,401 1,332 1,317 1,406 1,340 1,626
Limited Liability Partnerships 148  85  162  196  247 462   271  217  176  165  100  65
Limited Partnerships 5  9  1  6  6 5   8  6  8  11 19 8 
Public Accounting Firms 5  1  1  4  3 1  1  2  0  0  0  6
Variable Capital Companies  0 0 0  0  0  0   0 0   0  1  0  0
Total Cessation 3,521 3,447  4,233  3,879 4,705 4,019 4,697 4,238 3,910 3,982 4,008 4,062

Cessation of business entities by sector (2021)

 Sector type Jan Feb   Mar  Apr  May Jun  July  Aug Sep  Oct  Nov  Dec 
Manufacturing 167 117 184 161 176 151 179 178 156 161 177 161
Construction 169 152 189 173 224 180 207 204 164 160 171 186
Wholesale Trade 593 628 720 661 856 690 875 752 750 728 822 758
Retail Trade 355 360 460 391 476 467 520 459 439 482 414 466
Transportation & Storage 255 222 242 255 315 273 295 277 243 243 252 236
 Accommodation 5 9 12 8 8 2 6 6 8 9 11 6
Food & Beverage Services 163 169 214 174 220 247 227 227 201 224 211 179
Information & Communications 364 421 527 417 616 396 568 449 400 397 435 386
Finance & Insurance 223 285 318 285 353 282 332 322 287 301 299 316 
Real Estate 54 43 47 59 45 33 57 57 43 46 61 44
Professional Services 573 502 635 618 691 601 697 674 561 594 579 616
Administrative & Support Services 183 176 191 213 207 213 211 196 203 160 176 196
Education, Health & Social Services 188 166 232 216 225 239 224 202 191 209 165 231
Arts, Entertainment, Recreation & Other Services 205 171 235 226 266 221 270 210 240 242 210 251
 Others  24 26 27 22 27 24 29 25 24 26 25 30 
 Total 3,521 3,447 4,233 3,879 4,705 4,019 4,697 4,238 3,910 3,982 4,008 4,062

 

Data as of 1 February 2023

2020 Statistical Highlights

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