Singapore flag Singapore: Operating a Business in Singapore

Starting a business in Singapore

Legal Forms of Companies

Private limited company
Number of partners: Minimum 1, maximum 50.
Capital (max/min): SGD 1
Shareholders and liability: Liability is limited to the amount of guarantees
Public limited company
Number of partners: Minimum 50 shareholder.
Capital (max/min): No minimum capital required.
Shareholders and liability: Liability is limited to the portion of the company’s share capital taken up.
Public limited company by guarantee
Number of partners: Minimum 3 shareholders.
Capital (max/min): Minimum SGD 1.
Shareholders and liability: Liability is limited to the amount contributed.
Limited Partnership
Number of partners: Minimum 2 partners with a maximum of 20. At least one general partner and one limited partner.
Capital (max/min): No minimum capital required.
Shareholders and liability: At least one person has an unlimited liability (active partner). Sleeping partners' liability is limited to the amount they contributed.
Sole Proprietorship
Number of partners: 1 person.
Capital (max/min): No minimum capital required.
Shareholders and liability: Liability is unlimited.
 

Business Directories

Financial Information Directories
ACRA Register - Directory of registered entities on the Accounting and Corporate Regulatory Authority
Dun & Bradstreet - Worldwide directory with financial information on businesses

To go further, check out our service Business directories.


 

Professional Associations

General Professional Associations
SNEF - Singapore National Employers Federation
SICC - Singapore International Chamber of Commerce 
SNEF - Singapore National Employers Federation
SBF - Singapore Business Federation

To go further, check out our service Professional associations.


 

Business Setup Procedures

Setting Up a Company Singapore East Asia & Pacific
Procedures (number) 2.0 7.3
Time (days) 1.5 29.7

Source: Doing Business - Latest available data.

 
The Competent Organisation
The Accounting and Corporate Regulatory Authority of Singapore.
For Further Information
Consult the Doing Business Website, to know about procedures to start a Business in Singapore.
Accounting and Corporate Regulatory Authority

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Latest Update: September 2022

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