After Registration: A Step-by-Step Guide to Applying for Business Licenses in Singapore

After registering with ACRA, you should verify if you need to apply for business licenses. This is important for operating legally. In Singapore, many industries are controlled by government agencies. Hence, having the right one helps you follow the rules, keep consumers safe, and build trust.

In this guide, we will be exploring, 

• What is a business license?
• What do you need to know and prepare beforehand?
• How can you apply for a business license for your company?

Understanding Business Licenses in Singapore

What Is a Business License?

A business license is official permission from a Singapore government agency. With that, you can expand your business activities. Examples include food service, childcare, finance, import/export, and employment agencies.

Business License vs Business Registration

Registering your company with ACRA gives it legal recognition. Obtaining a business license gives you operational permission to perform specific activities. Business registration is the starting line; licensing determines what you’re authorised to do afterwards.

Read more: ACRA Business Registration: Tips, Pitfalls to Avoid & Paperwork Decoded

Who Needs to Apply for a Business License?

If your company operates in a regulated field, you need the correct licenses. Regulated fields include food and beverage, logistics, construction, healthcare, and education. Before applying, use the GoBusiness e-Adviser for Licences to find out which licenses your business needs.

💡 Startup Tip: You can apply for business licenses right after ACRA registration. This shortens your time to market and prevents operational delays.

Requirements and Documents Needed

When you apply for business licenses in Singapore, you will typically need:

• A valid ACRA Business Profile (UEN)
• Business address and ownership structure
• Layout plans or premises approval (if applicable)
• Relevant safety or professional certificates (for regulated industries)

Preparing to Apply For Business Licenses

How to Identify Which Licenses You Need

The GoBusiness Licensing Portal is your go-to tool. You start by selecting your industry or entering your intended activities. Then, the system will generate a list of relevant licenses and issuing authorities.

Preparing Required Documentation

Before applying, please make sure all business details match your ACRA registration records. Inconsistent information is one of the most common causes of delays.

Common Application Pitfalls

Businesses often face rejection due to incomplete forms or misidentified license types. Always confirm your sector’s specific requirements with agencies like NEA, SFA, or MOM before submitting.

Step-by-Step Guide to Apply for Business Licenses

1. Register Your Business with ACRA

Go to BizFile+ to register your company and obtain your Unique Entity Number (UEN). You will need this UEN to apply for any licenses in Singapore.

2. Use the GoBusiness Portal

Log in to GoBusiness.gov.sg using Singpass. The system guides you through relevant license applications and forwards them to the correct government agencies.

3. Submit and Track Your Application

After you submit it, you can track your application through the GoBusiness Dashboard. Some licenses may require site inspections, interviews, or additional documents before approval. You’ll receive digital copies of your licenses once approved.

Common Business Licenses in Singapore

💡 Startup Tip: Applying for the correct license early can prevent operational delays, especially in regulated industries like F&B or finance.

Foreign-Owned Businesses: What You Should Know

Foreign entrepreneurs can apply for business licenses in Singapore after registering their entity with ACRA. However, they must:

• Appoint at least one local director or manager (resident in Singapore).
• Provide a registered local business address.
• Use their UEN when applying for licenses via the GoBusiness Portal.

Emerhub and Statrys note that foreign founders often overlook these requirements, leading to delays in license approval.

More readings: Incorporating A Company In Singapore As A Foreigner

Licensing Costs, Renewals, and Penalties

Overview of Licensing Fees and Validity

License fees depend on your industry. Some, like small retail approvals, may be free. Others, such as financial or import permits, can cost several thousand dollars. Moreover, most licenses are valid for one to three years.

License Renewal Process

Renew through the GoBusiness Renewal Portal. Submit renewal applications early. One thing to note is that most systems open renewals 30 to 90 days before expiry.

Penalties for Non-Compliance

Operating without a valid license can lead to fines, suspension, or even business closure. As such, always check renewal reminders in your GoBusiness Dashboard and renew them.

After Getting Your Business License

Compliance Obligations and Record Keeping

Maintain digital copies of all active licenses and display them at your business premises if required. A good practice is to ensure your records are updated and accessible for audits.

Inspections, Audits, and Enforcement

Government agencies may conduct random inspections to ensure your business meets their requirements. Failure to meet conditions can lead to warnings or license revocation.

Ongoing Support and Advisory Services

For assistance, you can contact the GoBusiness Helpdesk or Enterprise Singapore. Both provide advisory support for SMEs navigating compliance or renewals.

Additional Resources

• GoBusiness Licensing Portal: Apply, renew, or amend licenses
• GoBusiness e-Adviser:  Find relevant licenses
• NLB Business Guide: Legal overview for new businesses
• Find Licence by Sector: Industry-specific guidance

Key Takeaway

Applying for business licenses in Singapore might seem hard, but the right tools can simplify the process. Start by checking which licenses your business needs on the GoBusiness portal. After that, prepare your documents early and remember to renew them on time.

💡 Final Startup Tip: View licensing as part of your growth plan, not just a rule to follow. The right licenses help build trust, partnerships, and smooth operations.