Business licenses in Singapore

Singapore is widely recognized as a global business hub due to its strategic location, pro-business policies, and highly developed infrastructure. For businesses intending to establish operations in Singapore, obtaining the correct licenses and permits is crucial for ensuring compliance with local regulations. At ScaleX, we offer comprehensive advisory services to guide you through the licensing process for your business in Singapore.

General Business Registration

Register your business in Singapore with ACRA

All businesses operating in Singapore must be registered with the Accounting and Corporate Regulatory Authority (ACRA). Once registered, businesses receive a Unique Entity Number (UEN), which serves as their official identification.

Industry-Specific Licenses

For businesses that will be working in Singapore physically.

Depending on the nature of your business, you may require additional licenses specific to your industry. Below are some common industry-specific licenses:

1

Food & Beverage (F&B) License

If you are planning to start a restaurant, cafe, or catering business, you will need the following:

  • Food Shop License (issued by the Singapore Food Agency)

  • Halal Certification (if applicable)

2

Financial Services License

Businesses involved in financial advisory, fund management, or payment services require approval from the Monetary Authority of Singapore (MAS).

  • Capital Markets Services License

  • Financial Adviser’s License

  • Payment Services License

3

Import/Export License

Companies engaged in the import or export of goods must register with Singapore Customs and apply for the necessary permits via the TradeNet system.

4

Education & Training License

Private schools and training centers are regulated by the Committee for Private Education (CPE) and must obtain registration under the Private Education Act.

5

Health & Wellness License

Businesses in healthcare, beauty, or wellness services may require:

  • Licensing from the Ministry of Health (MOH)

  • Accreditation from relevant professional bodies

Employment Agency License

Hiring employees on behalf of other businesses?

If your business involves recruitment or staffing services, you will need an Employment Agency License issued by the Ministry of Manpower (MOM).