Business Registration Requirements in Singapore
Registering a business in Singapore is straightforward. You can register as a sole proprietor, partnership, or company with ACRA (Accounting and Corporate Regulatory Authority).
- Register business name with ACRA
- Obtain Singapore registration number (UEN)
- Register for GST if turnover exceeds SGD 1 million
- Register with relevant government agencies
Cost and Timeline
Business registration in Singapore costs between SGD 10-30 and takes 5-15 minutes online. Company incorporation is more involved and costs SGD 50-100.
FAQ
Q: Do I need a lawyer to register my business in Singapore?
A: No, you can register online yourself through ACRA’s website without legal assistance.