Rikvin Pte Ltd

Singapore Company Registration Specialists

  • WhatsApp Us+65 8699 8821
  • Get a Quote Now


  • Home
  • Services
    • Incorporation
    • Corporate Secretary
    • Taxation
    • Transfer Pricing
    • Accounting
    • Immigration
    • HR Outsourcing
    • Business Advisory & Support
    • Switch to Rikvin
  • Learn
    • Incorporation
    • Work Visas
    • Taxation
    • Accounting
    • Compliance
    • Resources
    • Blogs
    • Infographics
    • Industry Guides
    • FAQs
  • Tools
    • Company Name Check
    • SSIC Codes Search
    • AGM Calculator
    • Tax Calculators
    • Personal Tax Calculator
    • Corporate Tax Calculator
    • Global Tax Calculator
    • Work Visas
    • PEP Assessment
    • More Free Tools
  • About
  • Contact
You are here: Home / Singapore Industry Guides / Starting a Retail Business in Singapore

Starting a Retail Business in Singapore

How to Form a Retail Business in Singapore

In many cases setting up a retail business in Singapore is relatively straight forward. The nature of your retail business and the space often determine whether you will need license and permit to operate. In any case, you will need to secure a premise for your retail operation first. The premise has to be zoned for commercial use. You are not allowed to use residential premises for any retail activities. You will then need to register your business with the Accounting and Corporate Regulatory Authority of Singapore (ACRA). Your business, though retail, must register as a sole proprietorship, partnership or a private limited company. Rikvin is corporate service agency that specializes in business setup. We can advise you on the suitable business structure based on your needs.

Choosing a Premise

Once you have secured a retail space do make sure that it is current on building codes and fire safety measures. If you plan to renovate the shop, you will need to apply for a building work permit through Building and Construction Authority of Singapore (BCA). While waiting for the building works approval, you will also need to obtain from BCA: a Certificate of Statutory Completion and a Temporary Occupation Permit before you can occupy the space. All renovation works are to be performed by certified or licensed contractors including architects. Almost all retail shops have a signage for their businesses. You will need to apply for an Advertisement License from BCA to place a signage on a building.

You need not be concerned if the space is already set up for retail; otherwise, you will need to liaise with the landlord to convert the existing space into a retail one. Oftentimes it just requires an application for a Change of Use permit from Urban Redevelopment Authority. You will also need the necessary licenses or permits if your retail business involves food, animal products, drugs and etc. The three main Singapore government agencies that preside many of these licenses are National Environment Agency, Agri-food and Veterinary Authority and Health Sciences Authority.

You may wish to obtain your retail goods from wholesalers in Singapore or you can import your own goods. For more information on importing goods, please see our article How to Set Up an Import Business. You will, of course, need hired help to assist you in selling your goods. Ministry of Manpower determines, on a case-by-case basis, if you qualify to hire foreign workers. All foreign workers working in your retail business must have valid employment passes or visas. Consequences for failure to comply with employment regulation include fines and imprisonment.

For foreigners who are interested in setting up a retail business in Singapore, it would be helpful to seek an agency that specializes in company incorporation in Singapore. It is, in fact, necessary to engage a law or corporate services agency to assist you in incorporating a business in Singapore with ACRA.

Rikvin is the leading authority in company formation in Singapore. We can help you register your company with ACRA in less than 24 hours. Our comprehensive corporate services can provide you with a customized service that includes an application for pertinent licenses and permits that you require to establish a retail business. To learn more about our incorporation services please go to Singapore company incorporation services.

Ready to start a retail business in Singapore?

Rikvin’s expertise is unrivaled in Singapore. With 20 years of know-how in company incorporation, accounting, tax, payroll and immigration services, you can count on us to be your dedicated one-stop business solution.

Start my Business

InCorp GroupPrimeGlobal

Rikvin Pte Ltd

EA License No. 11C3030

36 Robinson Road,
#20-01 City House,
Singapore 068877

Company Registration

  • Company Incorporation
  • Subsidiary Registration
  • Branch Registration
  • Representative Office Registration
  • Offshore Company Registration

Immigration

  • Employment Pass Guide
  • ONE Pass Guide
  • Tech.Pass Guide
  • Singapore Work Visas
  • SG Immigration Options

Taxation

  • Corporate Tax Guide
  • Personal Tax Guide
  • Tax Filing Calendar
  • Singapore GST Guide
  • Transfer Pricing

Resources

  • Infographics
  • FAQs
  • Singapore Company Name Check
  • Income Tax Calculator
  • Incorporate Now

© 2025 Rikvin Pte Ltd (UEN 200708442E) An InCorp Group Company. All Rights Reserved.

Terms of Use | Privacy Policy

Sitemap | Terms of Use | Privacy Policy

© 2025 Rikvin Pte Ltd. UEN: 200708442E · All Rights Reserved.