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Epica FAQ Series

How much time is required to obtain a license?

Business Licenses

How much time is required to obtain a license?

How much time is required to obtain a specific business license in Singapore?


There is no fixed processing time to obtain a license. It could take from a day to a few weeks.

Some licenses can be applied and approved in a Single day, whereas some other require meeting relevant authorities to explain your business plan and then seek approval. As such the processing time is variable.

Some businesses require multiple licenses and permits, which requires to be applied in sequence. So you can apply the next license or permit only when the previous one is approved. This can add significant time in your plan. You have to keep all these factors in mind if you intend to open at a specific time.

Foreigner Package

New Company Setup

S$2,600
S$4,000

Local Package

New Company Setup

S$1,100
S$1,700

Transfer Package

Existing Company

S$1,000
S$1,500

Singapore Branch

New Branch Setup

S$4,000
S$5,000

Representative Office

New Setup

S$2,500
S$3,000

BVI Company

Singapore Bank Account

US$2,200
US$3,000

Accreditations and Partners

  • ACRA
  • ISCA
  • MOM
  • IRAS
  • AWS
  • XERO
  • STRIPE
  • DOCUSIGN
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