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Cessation Of All Business Entities By Industry, Monthly

Data from Jan 1990 to Feb 2026

Last updated: 10 Mar 2026, 22:01 SGT

SINGSTAT (Singapore Department of Statistics)

Source: ACCOUNTING AND CORPORATE REGULATORY AUTHORITY

Data Last Updated: 05/03/2026

Update Frequency: Monthly

Footnotes: Business entities refer to companies, sole-proprietorships & partnerships, limited liability partnerships, limited partnerships, public accounting firms and variable capital companies. The decrease in business cessation count in January 2025 was due to a suspension of ACRA's periodic exercise to remove from the public register business entities that failed to renew their registrations and companies that were dormant. The increase in the business cessation counts in February 2025 was due to the resumption of ACRA's periodic exercise to remove from the public register business entities that failed to renew their registrations or that were dormant. Fluctuations in the overall business cessation counts between March and August 2025 are attributed to timing shifts resulting from the migration of Bizfile to a new system. The numbers are expected to normalise from September 2025 onwards. The decrease in the business formation and cessation counts in December 2024 was due to a temporary suspension of (a) all eServices on Bizfile portal including those relating to business registration and cessation to facilitate IT system migration activities carried out in first week of December; and (b) ACRA's periodic exercise to remove from the public register business entities that failed to renew their registrations and companies that were dormant. Since September 2023, ACRA has significantly increased the number of ACRA-initiated striking-off actions. This has consequentially increased the number of companies struck off in February 2024. This trend is expected to persist for subsequent months. Due to a system issue in May 2023, there was a delay in the striking off process of companies and Limited Liability Partnerships. The issue was rectified in Jun 2023 and ACRA has since resumed the standard processing time for striking off applications. This has consequential effect on the published cessation statistics from Jul to Nov 2023. Due to Covid-19 pandemic and the implementation of Circuit Breaker in Singapore from 7 Apr to 1 Jun 2020, ACRA had extended the time for relevant parties to respond to notices for the striking off applications by companies and limited liability partnerships. This has a consequential effect on the published cessation statistics for Aug to Oct 2020. ACRA has since resumed the standard processing time for striking off applications. The statistics on business entities cessation till 2017 have been adjusted to provide a more accurate reflection of the underlying cessation trends. In 2016 and 2017, ACRA conducted periodic reviews and removed from its public register, sole proprietorships and partnerships that failed to renew their registrations, and companies that were dormant. These periodic removal of business entities took place at ad hoc intervals and impacted published statistics on business entities cessation. The number of business entities cessation have therefore been adjusted to reflect the removal of such business entities at the date when they would have normally been removed. Going forward, such review and removal exercises will be conducted on a regular basis to provide a more accurate reflection of cessation trends.

Adapted from: https://tablebuilder.singstat.gov.sg/table/TS/M085451