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*428,320428,764429,926 431,271432,043433,461 434,830 436,711 438,021 439,456  440,486 
Sole Proprietorships & Partnerships143,430143,372 143,300 143,071 142,837142,690 142,668 142,534 142,210 142,028 141,867 
Limited Liability Partnerships16,922 16,908 16,911 16,933 16,90416,829 16,792 16,716 16,707 16,684 16,655 
Limited Partnerships729740 747 754 766773 783 795 801 810  826 
Public Accounting Firms410411 413 413 411410 410 409 409 409  410 
Variable Capital Companies1,0231,0381,049 1,056 1,0661,084 1,096 1,107 1,108 1,117 1,136 
Total Live count590,834591,233592,346593,498 594,027595,247 596,579598,272 599,256 600,504  601,380 
* Local and foreign companies

Data as of 1 December 2024
 Entity typeJanFeb  Mar Apr MayJun July AugSep Oct Nov Dec 
Companies*4,550 3,538 4,456 4,659  4,7244,159 4,989 4,654 4,261 4,641  4,406 
Sole Proprietorships & Partnerships1,742
1,405 1,6491,445  1,4851,450 1,644 1,501 1,507 1,485 1,344 
Limited Liability Partnerships136 102 115 141  14194 118 112 105 112 103 
Limited Partnerships15 15 16 12  2014 14 25 13 17  25 
Public Accounting Firms 1 1 2 1 2 0 1 0 0 3 2 
Variable Capital Companies1415 12 11  1020 18 12 10 13  22 
 Total Formation6,458 5,076 6,250 6,269  6,3825,737 6,784 6,3045,896 6,271  5,902 
* Local and foreign companies

Formation of business entities by sector (2024)

 Sector typeJanFeb  Mar Apr MayJun July AugSep Oct Nov Dec 
Manufacturing235 171 204 228  237188241 227215 222  226 
Construction377 243 331 295  297294 332 298 266
255 248 
Wholesale Trade1,002732 1,0461,047  1,0799591,220 1,144 967  1,045  994 
Retail Trade568462 561524  533466 580 547 556 568  538 
Transportation & Storage237207 220 227 235 239 270 223 211  239  254 
Accommodation139 8 8  7 713 7 13 5 11 
Food & Beverage Services323 237 335 335  338306 360 364 339 364  276 
Information & Communications831663 855 866  930818891 841 758 857  790 
Finance & Insurance 571473 559587  650541 688 633 580 603  622 
 Real Estate89 73 7787  9057 90 74 79 75  77 
Professional Services1,107 943 1,0541,069  1,039978 1,0871,008 1,018  1,052  1,013 
Administrative & Support Services322256 250266 259 243 265 223 232 237 203 
Education, Health & Social Services344260 363 309  304289 308 305 259 327 296 
Arts, Entertainment, Recreation & Other Services412318 350 392  361327 407 377 365 398  328 
Others27 29 37 29  2325 32 33 38 24  26 
Total 6,458 5,076 6,250 6,269  6,3825,737 6,784 6,304 5,896 6,271  5,902 

* Local and foreign companies
 Entity typeJanFeb  Mar Apr MayJun July AugSep Oct Nov Dec 
Companies*2,662 3,094 3,2943,314  3,9522,741 3,620 2,773 2,951
3,206  3,376 
Sole Proprietorships & Partnerships1,615 1,463 1,721 1,674  1,7191,597 1,666 1,635 1,831
1,667  1,505 
Limited Liability Partnerships105 116 112 119  170169 155 188 114 135  132 
Limited Partnerships4 4 9 5  87 4 13 7 8 9 
Public Accounting Firms2 0 0 1  41 1 1 0 3 1 
Variable Capital Companies00 14 0 26 1 9 4 3 
Total Cessation4,388 4,677 5,137 5,117 5,8534,517 5,452 4,611 4,912 5,023 5,026 

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.

Cessation of business entities by sector (2024)

 Sector typeJanFeb  Mar Apr MayJun July AugSep Oct Nov Dec 
Manufacturing170199 210 190 251187 210 196 206 208 230 
Construction197226 277 252 320270 287 248 257 276  220 
Wholesale Trade751 848 937 867 959689 895 729 829  790 865 
Retail Trade477475 532 615 609496 625 530 655
560  480 
Transportation & Storage240 258 248 250 297250 249 225 225 227  286 
 Accommodation6 8 13 3 31 11  76
5 4 
Food & Beverage Services223 250 234 253 389269 293 282 272 282 257 
Information & Communications582 585 615 592 741559 688570 603 579  690 
Finance & Insurance364417 462 426 470308 450 345 377 450 391 
Real Estate49 67 70 65 7958 55 60 49 43  68 
Professional Services657 687 783 820 822703826 736 667  764  791 
Administrative & Support Services169 187 210 218 287197 266 190 213
194 209 
Education, Health and Social Services244198 249 252 283218 264 222 221
258  203 
Arts, Entertainment, Recreation & Other Services240 243 267 285 315287 301 238 300 368  296 
Others1929 30 29 2825 32 33 32
19  36 
Total4,388 4,677 5,137 5,117 5,8534,5175,452 4,611 4,912
5,023  5,026 
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