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 typeJanFeb  Mar Apr MayJun July AugSep Oct Nov Dec 
Companies*428,328428,767429,922431,268432,037433,427434,797436,676437,978439,408  440,437443,475
Sole Proprietorships & Partnerships143,667143,684143,675143,503 143,334143,207 143,265143,191 142,924 142,787 142,189142,733
Limited Liability Partnerships16,925 16,91116,91416,93616,90616,83116,79416,718 16,70916,686 16,65716,731
Limited Partnerships726737 744750764772782794800808822824
Public Accounting Firms410411413 413411410 410 409 409 409  410412
Variable Capital Companies1,0161,0311,0421,0511,0611,0791,0891,100 1,102 1,111 1,1301,139
Total Live count591,072591,541592,710593,921 594,513595,726597,137598,888599,922601,209  601,645605,314

* 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.

 Entity typeJanFeb  Mar Apr MayJun July AugSep Oct Nov Dec 
Companies*4,550 3,538 4,456 4,659  4,7244,158 4,989 4,654 4,261 4,641  4,4063,174
Sole Proprietorships & Partnerships1,742
1,405 1,6491,445  1,4851,450 1,644 1,501 1,507 1,485 1,3441,088
Limited Liability Partnerships136 102 115 141  14194 118 112 105 112 10374
Limited Partnerships15 15 16 12  2014 14 25 13 17  257
Public Accounting Firms 1 1 2 1 2 0 1 0 0 3 22
Variable Capital Companies1415 12 11  1020 18 12 10 13  2214
 Total Formation6,458 5,076 6,250 6,269  6,3825,736 6,784 6,3045,896 6,271  5,9024,359

* Local and foreign companies

The decrease in the business formation and cessation counts in December 2024 was due to a temporary suspension of

(a) all eServices on Bizfile portal including those relating to business registration and cessation to facilitate IT system migration activities carried out in first week of December; and

(b) ACRA’s periodic exercise to remove from the public register business entities that failed to renew their registrations and companies that were dormant.

 

Formation of business entities by sector (2024)

 Sector typeJanFeb  Mar Apr MayJun July AugSep Oct Nov Dec 
Manufacturing214 163190218  224182245 212211 209 219128
Construction387251340 303  302301322 306277
265 252181
Wholesale Trade9917301,0321,056  1,0769441,2071,131 956  1,048  1,008697
Retail Trade587462 572523 542475 589556 565576 545425
Transportation & Storage244217 226 237247 246269 230209 244  257172
Accommodation14877 78129 13 6 112
Food & Beverage Services334 237 340332 331310 373 372 327 358  269212
Information & Communications830670 853 867 927823904 837 778 854  808545
Finance & Insurance 545463 540554625509 667623 558 594 600466
 Real Estate8267 7689 9259 83688370  7962
Professional Services1,111 949 1,0691,076 1,0559821,1071,023 1,022  1,058  999783
Administrative & Support Services337245 259264 263 247 260223 236240 206184
Education, Health & Social Services346272 364312 318300304 306 265 330 298211
Arts, Entertainment, Recreation & Other Services409315349 404 349326409 377 362 397  326271
Others27 27 33 27 24243331 3422 2520
Total 6,458 5,076 6,250 6,269 6,3825,736 6,784 6,304 5,896 6,271  5,9024,359
* Local and foreign companies
 Entity typeJanFeb  Mar Apr MayJun July AugSep Oct Nov Dec 
Companies*2,671 3,099 3,3013,313  3,9552,7683,619 2,7752,959
3,211  3,377136
Sole Proprietorships & Partnerships1,549 1,3881,658 1,617  1,6541,577 1,5861,5751,774
1,622  1,942544
Limited Liability Partnerships105 116 112 119  171169 155 188 114 135  1320
Limited Partnerships4 4 9 6664 13 7 9115
Public Accounting Firms2 0 0 1  41 1 1 0 3 10
Variable Capital Companies00 12 0 281 84 35
Total Cessation4,3314,6075,081 5,0585,7904,5235,3734,5534,862 4,9845,466690

Since September 2023, ACRA has significantly increased the number of ACRA-initiated striking-off actions. This has consequentially increased the number of companies struck off in February 2024. This trend is expected to persist for subsequent months.

The decrease in the business formation and cessation counts in December 2024 was due to a temporary suspension of

(a) all eServices on Bizfile portal including those relating to business registration and cessation to facilitate IT system migration activities carried out in first week of December; and

(b) ACRA’s periodic exercise to remove from the public register business entities that failed to renew their registrations and companies that were dormant.

Cessation of business entities by sector (2024)

 Sector typeJanFeb  Mar Apr MayJun July AugSep Oct Nov Dec 
Manufacturing165196 210 19025018920419220620624648
Construction194215269 240317269284 242250275  25646
Wholesale Trade743 84892786595468688972182578791393
Retail Trade464464521605597493604526 643
554 55378
Transportation & Storage232249241240 28724824621821822433244
 Accommodation6 8 13 431 11  76
5 40
Food & Beverage Services219248 235260389263287281269287 28129
Information & Communications580 576616589740557683567604577 70951
Finance & Insurance367418 461426 470310 444 345 378449 39360
Real Estate48 67 70 6479605460 5041  6911
Professional Services646 676 778808 810703818725666  755 84176
Administrative & Support Services169 183 208212 282193 265188 209
19024131
Education, Health and Social Services241193245247 278233 259219215
25623352
Arts, Entertainment, Recreation & Other Services238 237257 27930729229322829135935465
Others1929 30 29 272632 3432
19  416
Total4,3314,6075,0815,058 5,7904,5235,373 4,553 4,862
4,984  5,466690

Data as of 1 January 2026

2023 Statistical Highlights

Did you find this page useful?
back to top