New businesses registered in terms of a number of limited companies reached 42,217 firms in 2020 in Singapore, according to the National Statistical Office. This is 3.53% less than in the previous year.
Historically, new businesses registered in terms of a number of limited companies in Singapore reached an all time high of 43,762 firms in 2019 and an all time low of 17,001 firms in 2004.
Singapore has been ranked 27th within the group of 111 countries we follow in terms of new businesses registered in terms of a number of limited companies.
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