As the national business registry of Singapore, ACRA maintains the register of business entities. The following statistics on business entities registered with ACRA will be updated on a monthly basis.

2020 Statistical Highlights - Monthly business entity count

 Entity type Jan Feb   Mar  Apr  May Jun  July  Aug Sep  Oct  Nov  Dec 
Businesses (Partnerships & Sole Proprietorships) 143,207 142,833 142,481  142,272  142,064  142,569  142,953  143,479  143,812  144,240    
Companies*  357,051  358,243  359,704  359,852  360,113  361,315  362,910  366,949  367,697  371,138    
Limited Liability Partnerships  17,260  17,292  17,355  17,408  17,442  17,516  17,630  17,850  17,777  17,920    
Limited Partnerships  421  416  420  424  434  436  451  455  466  468    
Public Accounting Firms  456  455  455  456  457  456  452  453  455  454  
 
Total Live count  518,395  519,239  520,415  520,412  520,510  522,292 524,396   529,186  530,207  534,220    
* Local and foreign companies

Data as of 1 November 2020
 

Formation of business entities (2020)

 Entity type Jan Feb   Mar  Apr  May Jun  July  Aug Sep  Oct  Nov  Dec 
Businesses (Partnerships & Sole Proprietorships) 1,206  1,220  1,419  1,283  1,356 1,946 1,889 1,876   1,729 1,860     
Companies* 3,732 3,156 3,405 2,349  2,298 3,417 3,974 4,102   4,139  4,305    
Limited Liability Partnerships 137 134  136  130  136  188 220 221  165  209    
Limited Partnerships 7 4  9  5  13 11 17 10  12  7    
Public Accounting Firms 0 1 0 1  1 1 0 1  2  3  
 
 Total Formation 5,082 4,515  4,969  3,768  3,804  5,563  6,100  6,210   6,047  6,384    
* Local and foreign companies

Formation of business entities by sector (2020)

 Entity type Jan Feb   Mar  Apr  May Jun  July  Aug Sep  Oct  Nov  Dec 
Manufacturing 167 131 205 130  156 241 247 265  232 251     
Construction 205 209 226 102 91 148 214 204  236  277    
Wholesale Trade 899 741 852 693  692 1,043 1,232 1,205  1,043  990    
Retail Trade 476 399 480 543 668 995 965 955  900  954    
Transportation & Storage 240 215 212  232 169  268 286 318  270  280  
 
 Accommodation 5 6 6 5 2 2 3 6 9   10    
Food & Beverage Service Activities 196 204 216 138 135 237  315 336  366  428    
Information & Communications 543 486 485 444  420 611 594 701  605  606    
Financial & Insurance Activities 530 481 531 365 349 442 529 474  581  592    
Real Estate Activities 53 47 51 21  30 44 53 44  63  95    
Professional, Scientific & Technical Activities 958 862 876 632 596 788 837 931  885  946    
Administrative & Support Service Activities 248  236 250 112 102 198 189 181  178  219    
Education, Health & Social Services 283 235 267 177 187  235 287 246  300  320    
Arts, Entertainment, Recreation & Other Services Activities 251 235 268 153 169 273  325 314  348  372    
 Others 28  28  44  21  38  38  24 30  31  44    
 Total 5,082 4,515 4,969 3,768 3,804 5,563 6,100 6,210 6,047   6,384    

Cessation of business entities (2020)

* Local and foreign companies
 Entity type Jan Feb   Mar  Apr  May Jun  July  Aug Sep  Oct  Nov  Dec 
Businesses (Partnerships & Sole Proprietorships) 1,787  1,594  1,771  1,492  1,564 1,441 1,505 1,350  1,396  1,432    
Companies* 1,966 1,964 1,944 2,201 2,037 2,215 2,379 63   3,391 864     
Limited Liability Partnerships 86 102 73 77 102 114 106 1   238  66    
Limited Partnerships 5 9 5 1  3 9 2 6   1  5    
Public Accounting Firms 1 2 0 0 0 2 4 0   0  4  
 
Total Cessation 3,845  3,671  3,793  3,771  3,706  3,781  3,996  1,420   5,026  2,371    
Due to Covid-19 pandemic and the implementation of Circuit Breaker in Singapore from 7 Apr to 1 Jun 2020, ACRA had extended the time for relevant parties to respond to notices for the striking off applications by companies and limited liability partnerships. This has a consequential effect on the published cessation statistics for Aug to Oct 2020.

ACRA has since resumed the standard processing time for striking off applications.

Cessation of business entities by sector (2020)

 Entity type Jan Feb   Mar  Apr  May Jun  July  Aug Sep  Oct  Nov  Dec 
Manufacturing 150 134 155  154 132 161 115 77   175  95    
Construction 198 166 198 167 169  184 200 62   187  110    
Wholesale Trade 711 676 629 695 614  672 697 187   838  345    
Retail Trade 426 426 397 362 383 380 400 219   457  297    
Transportation & Storage 319 341 314 321 323 275  302 202   362  228  
 
 Accommodation 5 5 8 7 5 7 6 2   8  9    
Food & Beverage Service Activities 189 180 190 159 149 178 197 76   215  107    
Information & Communications 357 352 376 355  532 460  482 80   653  221    
Financial & Insurance Activities 245 223 264 305 240  243 269 32   428  134    
Real Estate Activities 51 42 46 62 53 48 52 12   63  22    
Professional, Scientific & Technical Activities 564 534 578 583 537 615 628 186   840  354    
Administrative & Support Service Activities 184 181 178 178 170 165 196 81   223  122    
Education, Health & Social Services 181 196 203 216 176  194  201 69   284  144    
Arts, Entertainment, Recreation & Other Services Activities 244 189 241  183 205 175  215 133   262  181    
 Others 21 26 16  24  18  24  36 2   31  2    
 Total 3,845  3,671  3,793  3,771  3,706  3,781  3,996  1,420   5,026  2,371    

 

Data as of 1 November 2020

2019 Statistical Highlights

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