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How to Register a Business and Apply for Licences in Singapore

How to Register a Business and Apply for Licences in Singapore

Registering a business and applying for licenses in Singapore involves a few key steps:

1. Choose Your Business Structure:

  • Sole Proprietorship (For one person)

  • Partnership (For multiple people)

  • Limited Liability Company (Provides liability protection)

2. Reserve a Business Name:

  • Use ACRA BizFile+ to check availability and submit your application (SGD$15 fee).

3. Register Your Business:

  • Done electronically via BizFile+.

  • Required documents include approved business name, brief description of activities (including SSIC code if known), IDs and addresses of owners/directors, and registered address.

  • Fees vary depending on business structure.

4. Apply for Licenses (if required):

Additional Resources:

Remember, this is a general overview.  It's always best to consult with a professional or refer to official government resources for the latest information and specific requirements for your business.

How Bestar can Help

Bestar can assist you with various aspects of business registration and licensing in Singapore:

  • Streamlining the Process:  We can handle the entire registration process, saving you time and ensuring everything is submitted correctly.

  • Expertise:  Our knowledge of Singaporean business regulations can help navigate complexities and avoid delays.

  • Choosing a Business Structure: We can advise on the most suitable structure based on your needs (sole proprietor, partnership, LLC).

  • License Identification: Bestar can help determine which licenses your business requires based on your industry.

  • Application Assistance: We can assist with completing and submitting license applications.

Overall, Bestar can act as a guide throughout the registration and licensing process, offering convenience, expertise, and potentially saving you time and avoiding errors.

How to Register a Business and Apply for Licences in Singapore


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