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 typeJanFeb  Mar Apr MayJun July AugSep Oct Nov Dec 
 Companies*407,976409,920412,165413,489 416,347417,669422,301423,733423,455425,466425,448426,449
Sole Proprietorships & Partnerships144,247144,498144,622144,411144,361144,345144,336144,261144,140143,995143,766143,474
Limited Liability Partnerships17,11717,16217,169 17,11817,10217,05217,17616,97416,91816,890 16,88516,894 
Limited Partnerships638643653658664671679685689702711715
Public Accounting Firms425427426425423421421420420417 415 411 
Variable Capital Companies8498618688798969009119299459669811,002 
Total Live count571,252573,511575,903576,980579,793581,058585,824587,002586,567588,436588,206588,945
* Local and foreign companies

Data as of 1 January 2026

The business entities statistics have been updated to reflect the latest entities’ status as of 1 January 2026. All statistics by sector will be based on the Singapore Standard Industrial Classification (SSIC) 2020.

Formation of business entities (2023)

 Entity typeJanFeb  Mar Apr MayJun July AugSep Oct Nov Dec 
Companies*3,4843,9954,9844,1554,8384,1164,7285,047 3,831 4,0893,928 3,631
Sole Proprietorships & Partnerships1,3561,5321,6021,3971,5841,425 1,6001,5991,449 1,516 1,310 1,432 
Limited Liability Partnerships104121112115 11013012413491 104 111 98 
Limited Partnerships131016 131811141213 19 13 13 
Public Accounting Firms 02003011 22 0 1 
Variable Capital Companies79 1291117 4 122016 21 18 21 
 Total Formation5,0365,6726,7235,6916,5705,6866,479 6,8135,402 5,751 5,380 5,196 

* Local and foreign companies

 

Formation of business entities by sector (2023)

 Sector typeJanFeb  Mar Apr MayJun July AugSep Oct Nov Dec 
Manufacturing176181242204238189245239229221193 198 
Construction250329347271337304321300264296272271 
Wholesale Trade709821 1,050898 1,0278911,0791,174 846880922848 
Retail Trade471468595474536484598610480505455 469
Transportation & Storage207240244233260208 207247206 224220 250
 Accommodation112911101214111977
Food & Beverage Services221318354 312372313 323361283322278 212 
Information & Communications703764885755890824869900742 690 632 751
Finance & Insurance 529584754537717565 622624528 627 609514
 Real Estate50 8991785863706877798177
Professional Services8961,0091,137 999 1,1091,002 1,1031,262888 947 900832
Administrative & Support Services217227256241272 231272253226 213 194233
Education, Health & Social Services281282335 333 328274359338290305281229 
Arts, Entertainment, Recreation & Other Services286336390314389303370398315397 312284 
Others292234312723 272827362421
Total 5,036 5,672 6,723 5,6916,5705,686 6,4796,8135,4025,751 5,3805,196 


Cessation of business entities (2023)

* Local and foreign companies
 Entity typeJanFeb  Mar Apr MayJun July AugSep Oct Nov Dec 
 Companies*2,1612,0512,7392,8311,9802,794963,6154,1092,078 3,946 2,630
Sole Proprietorships & Partnerships1,6571,2811,4781,6081,6341,4411,6091,6741,5701,661 1,539 1,724
Limited Liability Partnerships8876105166126180 0336 147 132 116 89 
Limited Partnerships7568124 6 69 64 9
Public Accounting Firms301152 1 22 5 2 5 
Variable Capital Companies102000120 0 3 0
Total Cessation3,9173,4134,3314,6143,7574,4211,7135,6355,8373,8825,6104,457

Due to a system issue in May 2023, there was a delay in the striking off process of companies and Limited Liability Partnerships. The issue was rectified in June 2023 and ACRA has since resumed the standard processing time for striking off applications. This has consequential effect on the published cessation statistics from July to November 2023.

Cessation of business entities by sector (2023)

 Sector typeJanFeb  Mar Apr MayJun July AugSep Oct Nov Dec 
Manufacturing16415620617916417787273241145258215
Construction19019617620015822280260265 168283187
Wholesale Trade7476407918695847962251,0301,0036111,065732 
Retail Trade450340466503454484314 589615 457583511
Transportation & Storage238187 278241220263119 294 269232296242
 Accommodation87714371 1014 415 9 
Food & Beverage Services19219621822821925191306311201306235
Information & Communications394360476527479527160 666783463683523
Finance & Insurance269261332325238286 48436 487346 437379
Real Estate5038 5358495020 698541 82 45
Professional Services574486647741557705 228 856 946607821649
Administrative & Support Services18715620819917017472235249131 241190 
Education, Health and Social Services192 170213224196221101256 249206237251
Arts, Entertainment, Recreation & Other Services244198234269 233234156315274248275 253
Others18222637332411 4046 22 28 36 
Total3,9173,4134,3314,6143,7574,421 1,7135,6355,8373,8825,6104,457

Data as of 1 January 2026

Did you find this page useful?
back to top