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.

2022 Statistical Highlights - Monthly business entity count

 Entity typeJanFeb  Mar Apr MayJun July AugSep Oct Nov Dec 
 Companies*390,513391,349393,088 394,653395,969397,703399,052400,872 402,244 403,292 404,769406,447
Sole Proprietorships & Partnerships146,911146,968146,855146,570146,241 146,000145,806145,688145,546145,289 145,003 144,559 
Limited Liability Partnerships17,42317,45617,46617,21017,18717,14117,103 17,08117,09617,06817,08617,085
Limited Partnerships552558568579581 587 596 604 612620 624632
Public Accounting Firms437438435 434 435434434434 433 433432428
Variable Capital Companies494512524556569592624643668690731779
Total Live count556,330557,281558,936 560,002560,982 562,457563,615 565,322566,599567,392568,645569,930
* Local and foreign companies

Data as of 20 January 2025

The business entities statistics have been updated to reflect the latest entities’ status as of 20 January 2025. All statistics by sector will be based on the Singapore Standard Industrial Classification (SSIC) 2020.

Formation of business entities (2022)

 Entity typeJanFeb  Mar Apr MayJun July AugSep Oct Nov Dec 
 Companies*3,6843,2944,081 4,044 3,717 3,864 3,894 4,149 4,054 3,736 4,188 3,714 
Sole Proprietorships & Partnerships1,2521,2721,4381,2551,3011,3601,4001,5531,453 1,268 1,3101,269 
Limited Liability Partnerships114124104110 107 10997122123 7310589
Limited Partnerships14916 14 131415131415 15
Public Accounting Firms110001000
Variable Capital Companies24 18123215 233219 26224348
 Total Formation5,0894,7185,6515,4555,149 5,3695,4375,859 5,669 5,1135,6615,135 

* Local and foreign companies

Formation of business entities by sector (2022)

 Sector typeJanFeb  Mar Apr MayJun July AugSep Oct Nov Dec 
Manufacturing188207226203198196 190216192192232197
Construction251281315 268259306236291290251 266247
Wholesale Trade691578717723751753808 912855829901 804
Retail Trade462391 504376 379384472523455405410 422
Transportation & Storage196205 238220207229218 243 226218216172
 Accommodation34 2 5719 8363
Food & Beverage Services272234 310301 260303302295322289233214 
Information & Communications760729858 729734 763723856743  691777 693 
Finance & Insurance 704623720818610 698 736703723593703 678
 Real Estate49 44787466 50515980756056
Professional Services839764891887884 857900 897909780 983879
Administrative & Support Services174 159177192190186200 209 228199212196
Education, Health & Social Services223209236215 239222229227 282 238 296 257
Arts, Entertainment, Recreation & Other Services255 268344 424342383336379 330 322330293
Others22223223 25322730 26283624
Total 5,089 4,7185,651 5,455 5,149 5,369 5,437 5,8595,6695,1135,6615,135


Cessation of business entities (2022)

* Local and foreign companies
 Entity typeJanFeb  Mar Apr MayJun July AugSep Oct Nov Dec 
 Companies*2,4552,458 2,3422,4792,4012,1302,5452,3292,6822,6882,7112,036
Sole Proprietorships & Partnerships1,2901,2151,5511,540 1,6301,6011,594 1,6711,5951,5251,5961,713
Limited Liability Partnerships10391943661301551351441081018790 
Limited Partnerships5363675756117
Public Accounting Firms0031010111
Variable Capital Companies00020001020
Total Cessation3,8533,7673,9964,3894,1693,8944,279 4,1524,3924,3204,4083,850

Cessation of business entities by sector (2022)

 Sector typeJanFeb  Mar Apr MayJun July AugSep Oct Nov Dec 
Manufacturing145151164220167 198187180173175162196
Construction174183187189244161 198203225190204153
Wholesale Trade691678752752763706814743808734809662
Retail Trade411411474538472487448511496536515497
Transportation & Storage220216253276272276280249265267249208
 Accommodation87448134112105
Food & Beverage Services212212214243231178209240244284274206
Information & Communications594373381416411418419 473 449431457400
Finance & Insurance248278266306281226302239295358297288
Real Estate3840484849 4845514551 4248
Professional Services537582638669654553667 605664625663603
Administrative & Support Services164197166219198152196189220185219173
Education, Health and Social Services172208200226190209210213192 220214188
Arts, Entertainment, Recreation & Other Services214207223259202254272234273228261205
Others25 24 2624 2724191832343218
Total3,8533,7673,9964,3894,1693,8944,2794,1524,3924,3204,4083,850

Data as of 20 January 2025

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