How to Apply for a Business License in Singapore?

Applying for a business licence in Singapore starts with identifying the exact activity your business will conduct. Not every business needs a separate licence, but regulated activities may require approval from the relevant government authority before operations begin. Businesses can use GoBusiness to check applicable licensing requirements and apply for many licences online.

Step 1: Register the Business and Confirm Its Activities

For many licences, the business must first be registered with ACRA. The entity should select the Singapore Standard Industrial Classification (SSIC) codes that best describe its primary and, where applicable, secondary business activities. Some regulated activities may involve additional approvals or requirements, so the applicable licensing conditions should be checked early in the setup process.

Step 2: Identify the Required License

The licenses and permits required depend on your industry. For example, businesses operating in food and beverage, education, financial services, employment services, import and export, or healthcare may require specific regulatory approvals.

You can identify applicable licenses through Singapore's GoBusiness Licensing Portal, which helps businesses determine and apply for licenses based on their business activities.

Step 3: Prepare Supporting Documents

Depending on the license, applicants may need to provide:

• Company and business registration details
• Information about directors or business owners
• Premises or operational details
• Professional qualifications or certifications
• Supporting documents required by the relevant authority

Some regulated activities may also have additional capital, staffing, premises, or compliance requirements.

Step 4: Submit the Application

Applications are generally submitted online through the relevant government portal or regulatory authority. The processing time and application fees vary depending on the type of license and the complexity of the business activity.

Step 5: Maintain Ongoing Compliance

Obtaining a business license is not always the final step. Some licenses must be renewed periodically, while others require businesses to meet continuing reporting, operational, or regulatory obligations.

For foreign entrepreneurs, Offshore Company Corp can assist with Singapore company formation, business licensing support, and related corporate compliance services. The licensing requirements and scope of assistance depend on the proposed activity and relevant regulator.

Disclaimer

This content is provided for general informational purposes only and does not constitute legal, regulatory, or business advice. Licensing requirements vary by industry and may change over time. Businesses should verify the applicable requirements with the relevant Singapore authorities or consult a qualified professional before commencing operations.