{"id":5247,"date":"2022-09-23T08:57:01","date_gmt":"2022-09-23T08:57:01","guid":{"rendered":"https:\/\/employmenthero.com\/sg\/blog\/sole-proprietorship-in-singapore\/"},"modified":"2025-07-16T05:03:16","modified_gmt":"2025-07-16T05:03:16","slug":"sole-proprietorship-in-singapore","status":"publish","type":"post","link":"https:\/\/employmenthero.com\/sg\/blog\/sole-proprietorship-in-singapore\/","title":{"rendered":"How to set up a sole proprietorship in Singapore"},"content":{"rendered":"\n<div class=\"wp-block-group alignfull blog-template-header has-neutral-100-background-color has-background has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\" style=\"padding-bottom:var(--wp--preset--spacing--16)\">\n<div class=\"wp-block-group has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\"><div style=\"--bb--crumb-gap:.4em;\" class=\"blog-template-breadcrumb wp-block-employmentherocom2025-breadcrumb-block\"><nav role=\"navigation\" 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8.36398864,11.4636626 L9.59594229,9.94923914 C10.0136795,9.43578101 9.94709821,8.67146367 9.44693666,8.24224316 C8.94677511,7.81302264 8.20254916,7.8816073 7.78481199,8.39527139\" id=\"Fill-4\" fill=\"#000000\" mask=\"url(#mask-4)\"><\/path> <\/g> <\/g> <\/g> <\/g> <\/svg> \n    <\/span>\n            <span class=\"eh-social-sharing-button__copied_text\">\n            URL copied for sharing!        <\/span>\n    <\/div><\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group has-global-padding is-content-justification-left is-layout-constrained wp-container-core-group-is-layout-5 wp-block-group-is-layout-constrained\"><h1 class=\"blog-template-title wp-block-post-title\">How to set up a sole proprietorship in Singapore<\/h1><\/div>\n\n\n\n<p class=\"blog-template-sub-title\" style=\"padding-top:var(--wp--preset--spacing--9);padding-bottom:var(--wp--preset--spacing--9);line-height:1.5\">\n    If you\u2019re looking to start your own business in Singapore, a sole proprietorship is the simplest and most common way to do so. Here\u2019s what you need to know.\n<\/p>\n\n\n\n<div class=\"wp-block-group blog-template-meta-row is-layout-flex wp-container-core-group-is-layout-8 wp-block-group-is-layout-flex\">\n<div class=\"wp-block-query wp-block-hosts-query has-global-padding is-content-justification-left is-layout-constrained wp-container-core-query-is-layout-1 wp-block-query-is-layout-constrained\"><ul data-wp-interactive=\"eh-hosts\" class=\"wp-block-post-template is-layout-flow wp-container-core-post-template-is-layout-1 wp-block-post-template-is-layout-flow\"><li data-host-index=\"0\" data-wp-on--click=\"actions.openDetail\" class=\"wp-block-post post-1551 hosts type-hosts status-publish has-post-thumbnail hentry\">\n\n<div class=\"wp-block-group is-nowrap is-layout-flex wp-container-core-group-is-layout-7 wp-block-group-is-layout-flex\"><figure style=\"width:52px;height:52px;\" class=\"wp-block-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"120\" height=\"120\" src=\"https:\/\/employmenthero.com\/sg\/wp-content\/uploads\/sites\/3\/2021\/07\/EH_Favicon-120x120.png\" class=\"attachment-host_thumbnail size-host_thumbnail wp-post-image\" alt=\"\" style=\"border-radius:60px;height:52px;object-fit:cover;\" srcset=\"https:\/\/employmenthero.com\/sg\/wp-content\/uploads\/sites\/3\/2021\/07\/EH_Favicon-120x120.png 120w, https:\/\/employmenthero.com\/sg\/wp-content\/uploads\/sites\/3\/2021\/07\/EH_Favicon-150x150.png 150w, https:\/\/employmenthero.com\/sg\/wp-content\/uploads\/sites\/3\/2021\/07\/EH_Favicon.png 239w\" sizes=\"auto, (max-width: 120px) 100vw, 120px\" \/><\/figure>\n\n\n<div class=\"wp-block-group has-sm-font-size is-vertical is-content-justification-center is-layout-flex wp-container-core-group-is-layout-6 wp-block-group-is-layout-flex\"><h6 style=\"line-height:1.3; border-right-width:1px;border-right-color:var(--wp--preset--color--black); padding-right:var(--wp--preset--spacing--2);\" class=\"has-text-align-center has-link-color wp-elements-1e20e747939e3458765ab321928f59b7 wp-block-post-title has-text-color has-violet-500-color has-sm-font-size\">The Team<\/h6><\/div>\n<\/div>\n\n<\/li><\/ul><\/div>\n\n\n\n<p class=\"has-text-align-center has-sm-font-size\" style=\"border-left-style:none;border-left-width:0px;padding-left:0\">Published<\/p>\n\n\n<div class=\"wp-block-post-date has-sm-font-size\"><time datetime=\"2022-09-23T08:57:01+00:00\">Sep 23, 2022<\/time><\/div>\n\n\n<p class=\"has-text-align-center has-sm-font-size\" style=\"border-left-color:var(--wp--preset--color--neutral-700);border-left-width:1px;padding-left:var(--wp--preset--spacing--2)\">Updated<\/p>\n\n\n<div class=\"wp-block-post-date__modified-date wp-block-post-date has-sm-font-size\"><time datetime=\"2025-07-16T05:03:16+00:00\">Jul 16, 2025<\/time><\/div>\n\n\n<p class=\"has-sm-font-size\" style=\"border-left-color:var(--wp--preset--color--neutral-700);border-left-width:1px;padding-left:var(--wp--preset--spacing--2)\">12 mins read<\/p>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group alignfull blog-image-container has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n<figure class=\"wp-block-image aligncenter size-large is-resized blog-template-image\"><img decoding=\"async\" src=\"https:\/\/employmenthero.com\/sg\/wp-content\/uploads\/sites\/3\/2022\/09\/image4-1-1.jpg\" alt=\"Image\" style=\"object-fit:cover;width:864px;height:561px\"\/><\/figure>\n<\/div>\n\n\n\n<div style=\"height:66px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-group has-global-padding is-layout-constrained wp-container-core-group-is-layout-15 wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group has-global-padding is-layout-constrained wp-container-core-group-is-layout-14 wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-1 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" id=\"content-wrapper\">\n<div class=\"content-single-table-content\"><\/div>\n\n\n\n<div class=\"wp-block-group content_single content_single--blog content-single-content-wysiwyg wysiwyg content-wrapper has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\" style=\"margin-bottom:var(--wp--preset--spacing--4)\">\nAre you a freelance writer or graphic designer? Always dreamed of creating your own clothing brand, selling craft merchandise, or establishing a home-based florist \u2014 but don&#8217;t know how and where to start? We\u2019re here to help!\n\nIf you\u2019re looking to set up and run a small business on your own, setting up a sole proprietorship would be an ideal choice \u2014 you can always choose to convert it to a private limited company later on when business picks up.\n\nAlternatively, if you\u2019re looking to go into business with one or more partners, forming a <a href=\"https:\/\/www.acra.gov.sg\/how-to-guides\/starting-sole-proprietorships\/what-is-a-partnership\" rel=\"noopener\" target=\"_blank\">partnership<\/a> would be more suitable instead.\n\nYou might be wondering\u2026\n<h2 id=\"do-i-even-need-to-register-my-business\">Do I even need to register my business?<\/h2>\nYou will have to register a business if you are above 18 years old, and carry out an activity for profit on an ongoing basis.\n\nThere are exemptions, though \u2014 if you choose to conduct your business using your full name as per your NRIC (for e.g. Nichole Choo Xin Yuan), or conduct business with one or more partners using their full names as per their NRICs, then you will not need to register your business.\n\nHowever, if you choose to use your name to carry out your business, but add descriptive words to it (e.g Notebooks by Nichole Choo), you will still have to register your business.\n\nFor the full list of exemptions, check out <a href=\"https:\/\/sso.agc.gov.sg\/Act\/BNRA2014?ProvIds=pr4-#pr4-\" rel=\"noopener\" target=\"_blank\">Section 4 of the Business Names Registration Act<\/a>.\n<h2 id=\"what-is-a-sole-proprietorship\">What is a sole proprietorship?<\/h2>\n<img loading=\"lazy\" decoding=\"async\" alt=\"woman writing on a notebook in a florist\" class=\"alignnone size-full wp-image-5249\" height=\"750\" src=\"https:\/\/employmenthero.com\/sg\/wp-content\/uploads\/sites\/2\/2022\/09\/image3-1.png\" width=\"1125\" srcset=\"https:\/\/employmenthero.com\/sg\/wp-content\/uploads\/sites\/3\/2022\/09\/image3-1.png 1125w, https:\/\/employmenthero.com\/sg\/wp-content\/uploads\/sites\/3\/2022\/09\/image3-1-300x200.png 300w, https:\/\/employmenthero.com\/sg\/wp-content\/uploads\/sites\/3\/2022\/09\/image3-1-1024x683.png 1024w, https:\/\/employmenthero.com\/sg\/wp-content\/uploads\/sites\/3\/2022\/09\/image3-1-768x512.png 768w\" sizes=\"auto, (max-width: 1125px) 100vw, 1125px\" \/>\n\nA sole proprietorship is essentially a business that can be owned by an individual, company, or limited liability partnership. There are no partners in the business, and it is not a separate legal entity from the business owner.\n\nThis means that the business owner, also known as the sole proprietor, has unlimited liability \u2014 which entails being personally liable for all debts and losses of the business. Both the business and the owner are considered to be a single legal entity, and hence they can be sued personally, which will put their personal assets at risk.\n<h2 id=\"what-are-the-eligibility-requirements-for-a-sole-proprietorship-business-registration\">What are the eligibility requirements for a sole proprietorship business registration?<\/h2>\nIf you\u2019d like to set up a sole proprietorship, you need to be:\n<ul>\n<li aria-level=\"1\">At least 18 years old; and<\/li>\n<li aria-level=\"1\">A Singapore citizen, Singapore permanent resident, or an eligible FIN holder (like an EntrePass holder).<\/li>\n<\/ul>\nIf you are a FIN holder, we recommend checking with the relevant pass issuing authority \u2014 either the <a href=\"https:\/\/www.mom.gov.sg\/\" rel=\"noopener\" target=\"_blank\">Ministry of Manpower<\/a> (MOM) or <a href=\"https:\/\/www.ica.gov.sg\/enter-transit-depart\" rel=\"noopener\" target=\"_blank\">Immigration Checkpoint Authority<\/a> (ICA) on your eligibility first.\n\nYou will also need to <a href=\"https:\/\/www.iras.gov.sg\/taxes\/individual-income-tax\/basics-of-individual-income-tax\/tax-reliefs-rebates-and-deductions\/tax-reliefs\/compulsory-and-voluntary-medisave-contributions\" rel=\"noopener\" target=\"_blank\">top up your Medisave account<\/a> or ensure you have sufficient Medisave funds with the CPF board before you can register a business, become a new owner of an existing business, or renew your business registration. This is because as a sole proprietor, you do not receive regular MediSave contributions from employers, and hence it is important to contribute regularly to ensure sufficient MediSave savings for future healthcare needs.\n\n<h2 id=\"should-you-start-a-sole-proprietorship\">Should you start a sole proprietorship?<\/h2>\nIf you\u2019re still ruminating on whether to set up a sole proprietorship in Singapore, let us lay out the benefits and drawbacks for you, so you can properly evaluate them before making a decision.\n<h3 id=\"advantages-of-a-sole-proprietorship\">Advantages of a sole proprietorship<\/h3>\nA sole proprietorship is the easiest way to start a business. The set-up costs are the cheapest compared to other options, it only requires minor administrative work, and you can get it approved very quickly.\n\nAll profits generated from the business go directly to you, the sole proprietor. It also makes decision-making for the business much more efficient as you are in complete control.\n\nUnlike companies, sole proprietors also enjoy fewer compliance requirements, which takes a lot of time and stress off your shoulders. Sole proprietorships are exempted from annual audit, which means filing annual financial statements with the Accounting and Corporate Regulatory Authority (ACRA) is not required.\n\nThe profits are treated as your personal income, and thus any profits will be taxed as your personal taxes. You simply have to file an annual income return with IRAS, inclusive of the revenue and profits of the sole proprietorship.\n\nIt is also much easier to terminate your business, as opposed to closing a company. You can simply let your business permit expire, or file a \u2018cessation of business\u2019 application on ACRA.\n<h3 id=\"disadvantages-of-a-sole-proprietorship\">Disadvantages of a sole proprietorship<\/h3>\nThe main disadvantage, which we briefly mentioned above, is that a sole proprietorship does not provide limited liability protection. Your personal assets will not be protected from business risks, and you will be held accountable for any liabilities incurred.\n\nIf you incur any debts in the course of your business, you will have to be prepared to fork out the amount yourself, if the business is unable to do so. You may also face the risk of bankruptcy from creditors of your sole proprietorship.\n\nAnother important thing to take into consideration is the fact that your options for expansion or raising funds as a sole proprietorship will be limited, as investors are unlikely to deal with non incorporated entities. But there\u2019s always the option to convert your sole proprietorship into a private limited company if you\u2019re keen to <a href=\"https:\/\/fastlane-global.com\/sg\/blog\/company-formation-singapore-guide\/\" rel=\"noopener\" target=\"_blank\">take the business further<\/a>.\n<h2 id=\"how-to-register-a-sole-proprietorship-in-singapore\">How to register a sole proprietorship in Singapore<\/h2>\n<h3 id=\"\"><img loading=\"lazy\" decoding=\"async\" alt=\"woman writing on a notebook in a florist\" class=\"alignnone size-full wp-image-5250\" height=\"750\" src=\"https:\/\/employmenthero.com\/sg\/wp-content\/uploads\/sites\/3\/2022\/09\/image2.png\" width=\"1125\" srcset=\"https:\/\/employmenthero.com\/sg\/wp-content\/uploads\/sites\/3\/2022\/09\/image2.png 1125w, https:\/\/employmenthero.com\/sg\/wp-content\/uploads\/sites\/3\/2022\/09\/image2-300x200.png 300w, https:\/\/employmenthero.com\/sg\/wp-content\/uploads\/sites\/3\/2022\/09\/image2-1024x683.png 1024w, https:\/\/employmenthero.com\/sg\/wp-content\/uploads\/sites\/3\/2022\/09\/image2-768x512.png 768w\" sizes=\"auto, (max-width: 1125px) 100vw, 1125px\" \/><\/h3>\n<h3 id=\"1-name-your-sole-proprietorship\">1. Name your sole proprietorship<\/h3>\nNow that you\u2019re embarking on a new business venture, choosing the name of your sole proprietorship is the most important part! Feel free to unleash your creativity, but be mindful that there are strict rules regarding the usage of names for businesses.\n\nBusinesses aren\u2019t allowed to have similar or identical names due to copyright laws and trademark protection issues, so choose your name wisely. It goes without saying, but avoid names containing expletives, or any words that are vulgar and offensive. Some names (e.g. Temasek) are also prohibited by order of the Minister for Finance. You can refer to <a href=\"https:\/\/www.acra.gov.sg\/docs\/default-source\/default-document-library\/how-to-guides\/lodging-complaints\/acra's-policy-statement-on-the-treatment-of-business-names-and-name-complaints.pdf\" rel=\"noopener\" target=\"_blank\">ACRA&#8217;s Policy Statement on the Treatment of Business Names and Name Complaints<\/a> for more guidance.\n\nOnce you have decided on a name for your business, conduct a search on <a href=\"https:\/\/www.bizfile.gov.sg\/\" rel=\"noopener\" target=\"_blank\">BizFile+<\/a> to check if it\u2019s available. If it\u2019s available, you can proceed to register it on BizFile+, where it will generally be approved immediately. Once approved, it will be reserved for 120 days \u2014 you\u2019ll have to register your business within this period, or else the name will no longer be reserved and made available to everyone else.\n\nTake note that your name application may be <a href=\"https:\/\/www.acra.gov.sg\/how-to-guides\/before-you-start\/referral-authorities\" rel=\"noopener\" target=\"_blank\">referred to relevant authorities<\/a> for review, if it contains words such as \u2018school\u2019, \u2018legal\u2019, \u2018finance\u2019 or more. The processing time for this will take anywhere between 2 weeks to 2 months.\n\nYou will also be required to specify the primary and secondary activities of your business. Select the most relevant <a href=\"https:\/\/www.bizfile.gov.sg\/ngbbizfileinternet\/faces\/oracle\/webcenter\/portalapp\/pages\/TransactionMain.jspx?selectedETransId=G016\" rel=\"noopener\" target=\"_blank\">Singapore Standard Industrial Classification (SSIC) code<\/a> according to the business activity you intend to start.\n<h3 id=\"2-have-a-valid-local-business-address\">2. Have a valid local business address<\/h3>\nYou\u2019re required to notify ACRA of the principal address where the business will be conducted from. If you\u2019re using a home address to register your business, you\u2019ll have to apply for the <a href=\"https:\/\/www.hdb.gov.sg\/residential\/living-in-an-hdb-flat\/home-business\/home-office-scheme\" rel=\"noopener\" target=\"_blank\">Home Office Scheme<\/a> or <a href=\"https:\/\/www.hdb.gov.sg\/residential\/living-in-an-hdb-flat\/home-business\/home-based-business-scheme\" rel=\"noopener\" target=\"_blank\">Home-Based Business Scheme<\/a> with the Housing Development Board (HDB) if you\u2019re living in a flat. If you\u2019re living in a private property, you\u2019ll have to apply for the <a href=\"https:\/\/www.ura.gov.sg\/Corporate\/Guidelines\/Home-Business\/Home-Office-Scheme\" rel=\"noopener\" target=\"_blank\">Home Office Scheme<\/a> or <a href=\"https:\/\/www.ura.gov.sg\/Corporate\/Guidelines\/Home-Business\/Home-Based-Businesses\" rel=\"noopener\" target=\"_blank\">Home-Based Business Scheme<\/a> with the Urban Redevelopment Authority (URA).\n\nThe main difference between the two schemes is that the Home Office Scheme allows you to run your business from your flat with up to two non-resident employees, whereas the Home-Based Business Scheme only allows the business to be operated by owners, registered occupants, or tenants. Third parties and non-resident employees are not allowed to work in the property \u2014 so keep that in mind when deciding what should be your registered office address.\n\nThe Home-Based Business Scheme also does not require approval by HDB or URA.\n<h3 id=\"3-appoint-a-local-authorised-representative-if-necessary\">3. Appoint a local authorised representative (if necessary)<\/h3>\nThis only applies to foreigners who are residing overseas but want to register a sole proprietorship in Singapore. They will have to appoint at least one local authorised representative, which can be a Singaporean citizen, permanent resident, or EntrePass\/Employment Pass holder at least 18 years of age, and resides locally in Singapore.\n<h3 id=\"4-submit-an-online-application-to-the-accounting-and-corporate-regulatory-authority-of-singapore-acra\">4. Submit an online application to the Accounting and Corporate Regulatory Authority of Singapore (ACRA)<\/h3>\nThe last step left is to register the sole proprietorship online through the <a href=\"https:\/\/www.bizfile.gov.sg\/\" rel=\"noopener\" target=\"_blank\">Bizfile+ website<\/a>.\n\nYou can also choose to engage a registered filing agent (e.g. law firm, accounting firm, or corporate secretarial firm) to submit the online application on your behalf.\n<h2 id=\"what-documents-do-i-need-to-register-for-a-singapore-sole-proprietorship\">What documents do I need to register for a Singapore sole proprietorship?<\/h2>\nHere\u2019s a quick checklist of what you\u2019ll need before you kickstart the registration process:\n<ul>\n<li aria-level=\"1\">Approved business name<\/li>\n<li aria-level=\"1\">Intended primary and secondary business activity and description<\/li>\n<li aria-level=\"1\">Local business address (With approval from relevant authorities if required)<\/li>\n<li aria-level=\"1\">Copy of the owner\u2019s Singapore ID<\/li>\n<li aria-level=\"1\">Local residential address of sole proprietor<\/li>\n<li aria-level=\"1\">Declaration of compliance and Statement of Non-Disqualification<\/li>\n<\/ul>\n<h2 id=\"how-long-does-it-take-to-register-a-singaporean-sole-proprietorship\">How long does it take to register a Singaporean sole proprietorship?<\/h2>\nOnce you\u2019ve paid the registration fee, your sole proprietorship should be set up within 15 minutes! However, if your application needs to be sent to other authorities for further review, it might take up to 2 months.\n\nOnce you\u2019ve registered successfully, you will be issued a registration number, and be able to retrieve your business profile online via Bizfile+.\n<h2 id=\"how-much-does-it-cost-to-set-up-a-sole-proprietorship\">How much does it cost to set up a sole proprietorship?<\/h2>\nThe name application fee costs $15, while the registration fee costs $100. Remember that you must renew your business registration before it expires if you intend to continue running the sole proprietorship.\n\nYou can renew your business registration up to 60 days before it expires, which will cost $30. You will also have to ensure that your Medisave contributions are up-to-date and paid, otherwise your business registration will not be renewed, or might even be cancelled.\n<h2 id=\"can-a-sole-proprietor-hire-employees-in-singapore\">Can a sole proprietor hire employees in Singapore?<\/h2>\n<img loading=\"lazy\" decoding=\"async\" alt=\"woman talking to employee at a florist\" class=\"alignnone size-full wp-image-5251\" height=\"750\" src=\"https:\/\/employmenthero.com\/sg\/wp-content\/uploads\/sites\/2\/2022\/09\/image1-1.png\" width=\"1125\" srcset=\"https:\/\/employmenthero.com\/sg\/wp-content\/uploads\/sites\/3\/2022\/09\/image1-1.png 1125w, https:\/\/employmenthero.com\/sg\/wp-content\/uploads\/sites\/3\/2022\/09\/image1-1-300x200.png 300w, https:\/\/employmenthero.com\/sg\/wp-content\/uploads\/sites\/3\/2022\/09\/image1-1-1024x683.png 1024w, https:\/\/employmenthero.com\/sg\/wp-content\/uploads\/sites\/3\/2022\/09\/image1-1-768x512.png 768w\" sizes=\"auto, (max-width: 1125px) 100vw, 1125px\" \/>\n\nYes you can \u2014 there is no limit to the number of employees you can have, and you\u2019re able to hire both local and foreign employees too.\n\nBefore you embark on the hiring process, it\u2019s important to be aware of the <a href=\"https:\/\/employmenthero.com\/sg\/blog\/recruitment-costs\/\">hidden costs of recruitment<\/a>, and find the most cost-effective ways to hire new employees into your business. As a small business, budgets can be tight and you\u2019ll want to make every dollar worth your while.\n\nYou might also want to consider <a href=\"https:\/\/employmenthero.com\/sg\/blog\/hiring-employee-vs-contractor\/\">hiring contractors instead of employees<\/a>, depending on the needs of your business. A contractor could be more suitable for additional help on an ad hoc basis, whilst an employee would be more suitable for part-time or full-time assistance with the business.\n\nFor more information, refer to our <a href=\"https:\/\/employmenthero.com\/sg\/blog\/guide-to-hiring-employees\/\">guide on hiring employees in Singapore<\/a>.\n<h2 id=\"managing-hr-and-payroll-as-a-sole-proprietorship-business-owner\">Managing HR and payroll as a sole proprietorship business owner<\/h2>\nRunning a business all on your own isn\u2019t easy, not to mention post-registration compliance. You have to ensure that all business communication materials (e.g. letterheads and invoices) have your registration number stated clearly, any change in registered details must be reported to ACRA, and it\u2019s mandatory to <a href=\"https:\/\/employmenthero.com\/sg\/blog\/what-is-bookkeeping\/\">keep records and accounts<\/a> for at least 5 years.\n\nAnd if you choose to hire employees, you\u2019ll have to keep up with compliance and legislative updates on top of already complex employment laws. That\u2019s in addition to all the other areas you need to take care of to keep the lights on for your business.\n\nJuggling multiple roles as an entrepreneur can often leave you strapped for time, but as the business scales, HR and payroll compliance become a crucial part of business success. If neglected, it will lead to disastrous consequences. Why not leverage on 91爆料\u2019s all-in-one <a href=\"https:\/\/employmenthero.com\/sg\/products\/hr-software\/\">HR<\/a> and <a href=\"https:\/\/employmenthero.com\/sg\/products\/payroll-software\/\">payroll<\/a> software to give you peace of mind?\n\nBy automating manual tasks, 91爆料 helps to save up to 80% of administration time \u2014 <a href=\"https:\/\/employmenthero.com\/sg\/resources\/payroll-essentials-smes\/\">freeing up resources<\/a> so you can focus on more strategic priorities. You can recruit, hire, onboard, engage, develop, recognise and reward your employees \u2014 all without ever leaving the platform. We\u2019re also IRAS compliant, so you can feel confident each payroll run with streamlined CPF calculations and SDL deductions.\n\nFor more helpful resources, refer to our <a href=\"https:\/\/employmenthero.com\/sg\/resources\/hr-compliance-essential-guide\/\">essential guide to HR compliance<\/a> or our <a href=\"https:\/\/employmenthero.com\/sg\/resources\/payroll-guide\/\">guide to payroll in Singapore<\/a>.\n<p class=\"legal\"><em>Disclaimer: The information in this article is current as at 22 Sept 2022, and has been prepared by 91爆料 Pty Ltd (ABN 11 160 047 709) and its related bodies corporate (91爆料). The views expressed in this article are general information only, are provided in good faith to assist employers and their employees, and should not be relied on as professional advice. The Information is based on data supplied by third parties. While such data is believed to be accurate, it has not been independently verified and no warranties are given that it is complete, accurate, up to date or fit for the purpose for which it is required. 91爆料 does not accept responsibility for any inaccuracy in such data and is not liable for any loss or damages arising either directly or indirectly as a result of reliance on, use of or inability to use any information provided in this article.You should undertake your own research and to seek professional advice before making any decisions or relying on the information in this article.<\/em><\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-2 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\" data-trigger-modal=\"request-a-demo-modal\"><a class=\"wp-block-button__link wp-element-button\">Learn more<\/a><\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow 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all<\/a><\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-query blog-3-col-query-loop is-layout-flow wp-block-query-is-layout-flow\"><ul class=\"columns-3 alignfull wp-block-post-template is-layout-grid wp-container-core-post-template-is-layout-2 wp-block-post-template-is-layout-grid\"><li class=\"wp-block-post post-27886 post type-post status-publish format-standard has-post-thumbnail hentry category-uncategorized resource-type-blog\">\n\n<div class=\"wp-block-group has-border-color has-neutral-100-border-color has-white-background-color has-background is-vertical is-layout-flex wp-container-core-group-is-layout-19 wp-block-group-is-layout-flex\" style=\"border-width:1px;min-height:100%\"><figure style=\"aspect-ratio:16\/9;width:100%;height:100%; padding-bottom:0;padding-top:0;margin-bottom:0;\" class=\"wp-block-post-featured-image\"><a href=\"https:\/\/employmenthero.com\/sg\/blog\/product-update-january-2026\/\" target=\"_self\"  style=\"height:100%\"><img loading=\"lazy\" decoding=\"async\" width=\"1152\" height=\"760\" src=\"https:\/\/employmenthero.com\/sg\/wp-content\/uploads\/sites\/3\/2026\/02\/Product-Update-January-2026-thumbnail.webp\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Product Update: January 2026\" style=\"width:100%;height:100%;object-fit:cover;\" srcset=\"https:\/\/employmenthero.com\/sg\/wp-content\/uploads\/sites\/3\/2026\/02\/Product-Update-January-2026-thumbnail.webp 1152w, https:\/\/employmenthero.com\/sg\/wp-content\/uploads\/sites\/3\/2026\/02\/Product-Update-January-2026-thumbnail-300x198.webp 300w, https:\/\/employmenthero.com\/sg\/wp-content\/uploads\/sites\/3\/2026\/02\/Product-Update-January-2026-thumbnail-1024x676.webp 1024w, https:\/\/employmenthero.com\/sg\/wp-content\/uploads\/sites\/3\/2026\/02\/Product-Update-January-2026-thumbnail-768x507.webp 768w, https:\/\/employmenthero.com\/sg\/wp-content\/uploads\/sites\/3\/2026\/02\/Product-Update-January-2026-thumbnail-576x380.webp 576w, https:\/\/employmenthero.com\/sg\/wp-content\/uploads\/sites\/3\/2026\/02\/Product-Update-January-2026-thumbnail-440x290.webp 440w\" sizes=\"auto, (max-width: 1152px) 100vw, 1152px\" \/><\/a><\/figure>\n\n\n<div class=\"wp-block-group blog-3-col-details wp-container-content-3 is-vertical is-content-justification-left is-nowrap is-layout-flex wp-container-core-group-is-layout-18 wp-block-group-is-layout-flex\" style=\"margin-top:0;padding-top:var(--wp--preset--spacing--10);padding-right:var(--wp--preset--spacing--10);padding-bottom:var(--wp--preset--spacing--10);padding-left:var(--wp--preset--spacing--10)\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-17 wp-block-group-is-layout-flex\"><div style=\"font-style:normal;font-weight:600\" class=\"taxonomy-resource-type eh-resource-type wp-block-post-terms\"><a href=\"https:\/\/employmenthero.com\/sg\/resources\/blog\/\" rel=\"tag\">Blogs<\/a><\/div>\n\n<h3 class=\"wp-block-post-title\"><a href=\"https:\/\/employmenthero.com\/sg\/blog\/product-update-january-2026\/\" target=\"_self\" >Product Update: January 2026<\/a><\/h3>\n\n<div class=\"wp-block-post-excerpt has-text-color has-contrast-2-color has-small-font-size wp-container-content-2\"><p class=\"wp-block-post-excerpt__excerpt\">Welcome to the January 2026 product update from the 91爆料 team. We\u2019ve got lots to share around Custom Forms,&hellip; <\/p><\/div><\/div>\n\n\n<a style=\"font-style:normal;font-weight:600;\" class=\"wp-elements-9dfcbcb7662772ecb2d671e8976a6c51 wp-block-read-more has-text-color has-violet-500-color\" href=\"https:\/\/employmenthero.com\/sg\/blog\/product-update-january-2026\/\" target=\"_self\">Read more<span class=\"screen-reader-text\">: Product Update: January 2026<\/span><\/a><\/div>\n<\/div>\n<a href=\"https:\/\/employmenthero.com\/sg\/blog\/product-update-january-2026\/\" target=\"_self\" class=\"group-block-link\"><\/a>\n<\/li><li class=\"wp-block-post post-27783 post type-post status-publish format-standard has-post-thumbnail hentry category-uncategorized tag-2025-product-update resource-type-blog topic-product\">\n\n<div class=\"wp-block-group has-border-color has-neutral-100-border-color has-white-background-color has-background is-vertical is-layout-flex wp-container-core-group-is-layout-22 wp-block-group-is-layout-flex\" style=\"border-width:1px;min-height:100%\"><figure style=\"aspect-ratio:16\/9;width:100%;height:100%; padding-bottom:0;padding-top:0;margin-bottom:0;\" class=\"wp-block-post-featured-image\"><a href=\"https:\/\/employmenthero.com\/sg\/blog\/product-update-december-2025\/\" target=\"_self\"  style=\"height:100%\"><img loading=\"lazy\" decoding=\"async\" width=\"1152\" height=\"760\" src=\"https:\/\/employmenthero.com\/sg\/wp-content\/uploads\/sites\/3\/2026\/01\/December-2025-Product-Update-Thumbnail.webp\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Product Update: December 2025\" style=\"width:100%;height:100%;object-fit:cover;\" srcset=\"https:\/\/employmenthero.com\/sg\/wp-content\/uploads\/sites\/3\/2026\/01\/December-2025-Product-Update-Thumbnail.webp 1152w, https:\/\/employmenthero.com\/sg\/wp-content\/uploads\/sites\/3\/2026\/01\/December-2025-Product-Update-Thumbnail-300x198.webp 300w, https:\/\/employmenthero.com\/sg\/wp-content\/uploads\/sites\/3\/2026\/01\/December-2025-Product-Update-Thumbnail-1024x676.webp 1024w, https:\/\/employmenthero.com\/sg\/wp-content\/uploads\/sites\/3\/2026\/01\/December-2025-Product-Update-Thumbnail-768x507.webp 768w, https:\/\/employmenthero.com\/sg\/wp-content\/uploads\/sites\/3\/2026\/01\/December-2025-Product-Update-Thumbnail-576x380.webp 576w, https:\/\/employmenthero.com\/sg\/wp-content\/uploads\/sites\/3\/2026\/01\/December-2025-Product-Update-Thumbnail-440x290.webp 440w\" sizes=\"auto, (max-width: 1152px) 100vw, 1152px\" \/><\/a><\/figure>\n\n\n<div class=\"wp-block-group blog-3-col-details wp-container-content-6 is-vertical is-content-justification-left is-nowrap is-layout-flex wp-container-core-group-is-layout-21 wp-block-group-is-layout-flex\" style=\"margin-top:0;padding-top:var(--wp--preset--spacing--10);padding-right:var(--wp--preset--spacing--10);padding-bottom:var(--wp--preset--spacing--10);padding-left:var(--wp--preset--spacing--10)\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-20 wp-block-group-is-layout-flex\"><div style=\"font-style:normal;font-weight:600\" class=\"taxonomy-resource-type eh-resource-type wp-block-post-terms\"><a href=\"https:\/\/employmenthero.com\/sg\/resources\/blog\/\" rel=\"tag\">Blogs<\/a><\/div>\n\n<h3 class=\"wp-block-post-title\"><a href=\"https:\/\/employmenthero.com\/sg\/blog\/product-update-december-2025\/\" target=\"_self\" >Product Update: December 2025<\/a><\/h3>\n\n<div class=\"wp-block-post-excerpt has-text-color has-contrast-2-color has-small-font-size wp-container-content-5\"><p class=\"wp-block-post-excerpt__excerpt\">Welcome to the December 2025 product update from the 91爆料 team. We\u2019ve got lots to share around Custom Forms,&hellip; <\/p><\/div><\/div>\n\n\n<a style=\"font-style:normal;font-weight:600;\" class=\"wp-elements-9dfcbcb7662772ecb2d671e8976a6c51 wp-block-read-more has-text-color has-violet-500-color\" href=\"https:\/\/employmenthero.com\/sg\/blog\/product-update-december-2025\/\" target=\"_self\">Read more<span class=\"screen-reader-text\">: Product Update: December 2025<\/span><\/a><\/div>\n<\/div>\n<a href=\"https:\/\/employmenthero.com\/sg\/blog\/product-update-december-2025\/\" target=\"_self\" class=\"group-block-link\"><\/a>\n<\/li><li class=\"wp-block-post post-27764 post type-post status-publish format-standard has-post-thumbnail hentry category-uncategorized tag-2025-product-update resource-type-blog topic-product\">\n\n<div class=\"wp-block-group has-border-color has-neutral-100-border-color has-white-background-color has-background is-vertical is-layout-flex wp-container-core-group-is-layout-25 wp-block-group-is-layout-flex\" style=\"border-width:1px;min-height:100%\"><figure style=\"aspect-ratio:16\/9;width:100%;height:100%; padding-bottom:0;padding-top:0;margin-bottom:0;\" class=\"wp-block-post-featured-image\"><a href=\"https:\/\/employmenthero.com\/sg\/blog\/product-update-november-2025\/\" target=\"_self\"  style=\"height:100%\"><img loading=\"lazy\" decoding=\"async\" width=\"1152\" height=\"760\" src=\"https:\/\/employmenthero.com\/sg\/wp-content\/uploads\/sites\/3\/2025\/12\/BlogDownloadable_Generic-optimized.webp\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Product Update: November 2025\" style=\"width:100%;height:100%;object-fit:cover;\" srcset=\"https:\/\/employmenthero.com\/sg\/wp-content\/uploads\/sites\/3\/2025\/12\/BlogDownloadable_Generic-optimized.webp 1152w, https:\/\/employmenthero.com\/sg\/wp-content\/uploads\/sites\/3\/2025\/12\/BlogDownloadable_Generic-optimized-300x198.webp 300w, https:\/\/employmenthero.com\/sg\/wp-content\/uploads\/sites\/3\/2025\/12\/BlogDownloadable_Generic-optimized-1024x676.webp 1024w, https:\/\/employmenthero.com\/sg\/wp-content\/uploads\/sites\/3\/2025\/12\/BlogDownloadable_Generic-optimized-768x507.webp 768w, https:\/\/employmenthero.com\/sg\/wp-content\/uploads\/sites\/3\/2025\/12\/BlogDownloadable_Generic-optimized-576x380.webp 576w, https:\/\/employmenthero.com\/sg\/wp-content\/uploads\/sites\/3\/2025\/12\/BlogDownloadable_Generic-optimized-440x290.webp 440w\" sizes=\"auto, (max-width: 1152px) 100vw, 1152px\" \/><\/a><\/figure>\n\n\n<div class=\"wp-block-group blog-3-col-details wp-container-content-9 is-vertical is-content-justification-left is-nowrap is-layout-flex wp-container-core-group-is-layout-24 wp-block-group-is-layout-flex\" style=\"margin-top:0;padding-top:var(--wp--preset--spacing--10);padding-right:var(--wp--preset--spacing--10);padding-bottom:var(--wp--preset--spacing--10);padding-left:var(--wp--preset--spacing--10)\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-23 wp-block-group-is-layout-flex\"><div style=\"font-style:normal;font-weight:600\" class=\"taxonomy-resource-type eh-resource-type wp-block-post-terms\"><a href=\"https:\/\/employmenthero.com\/sg\/resources\/blog\/\" rel=\"tag\">Blogs<\/a><\/div>\n\n<h3 class=\"wp-block-post-title\"><a href=\"https:\/\/employmenthero.com\/sg\/blog\/product-update-november-2025\/\" target=\"_self\" >Product Update: November 2025<\/a><\/h3>\n\n<div class=\"wp-block-post-excerpt has-text-color has-contrast-2-color has-small-font-size wp-container-content-8\"><p class=\"wp-block-post-excerpt__excerpt\">Welcome to the November 2025 product update from the 91爆料 team. We\u2019ve got lots to share around Workflows, Rostering,&hellip; <\/p><\/div><\/div>\n\n\n<a style=\"font-style:normal;font-weight:600;\" class=\"wp-elements-9dfcbcb7662772ecb2d671e8976a6c51 wp-block-read-more has-text-color has-violet-500-color\" href=\"https:\/\/employmenthero.com\/sg\/blog\/product-update-november-2025\/\" target=\"_self\">Read more<span class=\"screen-reader-text\">: Product Update: November 2025<\/span><\/a><\/div>\n<\/div>\n<a href=\"https:\/\/employmenthero.com\/sg\/blog\/product-update-november-2025\/\" target=\"_self\" class=\"group-block-link\"><\/a>\n<\/li><\/ul><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>If you\u2019re looking to start your own business in Singapore, a sole proprietorship is the easiest way.<\/p>\n","protected":false},"author":1,"featured_media":24586,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_lite_auth_enabled":false,"_lite_auth_trigger_method":"scroll","_lite_auth_scroll_percent":25,"_lite_auth_click_element_query":"","exclude_from_algolia":false,"reading_time":"9 min read","display_reading_time":false,"download_content_type":"file","download_file":"3968","download_url":"","download_cta_label":"","footnotes":""},"categories":[1],"tags":[],"resource-type":[130],"topic":[86,97],"industry":[42,61,35,48,55,27,67,45,68,62,47,50,44,32,66,64,59,52,54,34,56,58,60,51,33,49,40,41,36,43,46,63,65,57,53],"audience":[],"business-size":[],"product-tag":[],"funnel-stage":[],"region":[],"pain-point":[],"persona":[],"post_features":[],"class_list":["post-5247","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","resource-type-blog","topic-business-basics","topic-employment-law","industry-agriculture","industry-automotive","industry-business-consulting","industry-childcare","industry-colleges-and-sporting-clubs","industry-construction","industry-consumer-services","industry-customer-service","industry-early-education","industry-ecommerce","industry-education","industry-entertainment","industry-finance","industry-financial-services","industry-franchises","industry-health-and-fitness","industry-health-services","industry-healthcare","industry-hospitality","industry-it-and-technology","industry-legal","industry-logistics-manufacturing","industry-media-communications","industry-not-for-profit","industry-professional-services","industry-public-relations","industry-real-estate","industry-real-estate-and-strata-management","industry-recruitment","industry-retail","industry-stem","industry-technology","industry-utilities-public-services","industry-veterinary-services","industry-youth-services"],"_links":{"self":[{"href":"https:\/\/employmenthero.com\/sg\/wp-json\/wp\/v2\/posts\/5247","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/employmenthero.com\/sg\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/employmenthero.com\/sg\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/employmenthero.com\/sg\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/employmenthero.com\/sg\/wp-json\/wp\/v2\/comments?post=5247"}],"version-history":[{"count":4,"href":"https:\/\/employmenthero.com\/sg\/wp-json\/wp\/v2\/posts\/5247\/revisions"}],"predecessor-version":[{"id":27202,"href":"https:\/\/employmenthero.com\/sg\/wp-json\/wp\/v2\/posts\/5247\/revisions\/27202"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/employmenthero.com\/sg\/wp-json\/wp\/v2\/media\/24586"}],"wp:attachment":[{"href":"https:\/\/employmenthero.com\/sg\/wp-json\/wp\/v2\/media?parent=5247"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/employmenthero.com\/sg\/wp-json\/wp\/v2\/categories?post=5247"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/employmenthero.com\/sg\/wp-json\/wp\/v2\/tags?post=5247"},{"taxonomy":"resource-type","embeddable":true,"href":"https:\/\/employmenthero.com\/sg\/wp-json\/wp\/v2\/resource-type?post=5247"},{"taxonomy":"topic","embeddable":true,"href":"https:\/\/employmenthero.com\/sg\/wp-json\/wp\/v2\/topic?post=5247"},{"taxonomy":"industry","embeddable":true,"href":"https:\/\/employmenthero.com\/sg\/wp-json\/wp\/v2\/industry?post=5247"},{"taxonomy":"audience","embeddable":true,"href":"https:\/\/employmenthero.com\/sg\/wp-json\/wp\/v2\/audience?post=5247"},{"taxonomy":"business-size","embeddable":true,"href":"https:\/\/employmenthero.com\/sg\/wp-json\/wp\/v2\/business-size?post=5247"},{"taxonomy":"product-tag","embeddable":true,"href":"https:\/\/employmenthero.com\/sg\/wp-json\/wp\/v2\/product-tag?post=5247"},{"taxonomy":"funnel-stage","embeddable":true,"href":"https:\/\/employmenthero.com\/sg\/wp-json\/wp\/v2\/funnel-stage?post=5247"},{"taxonomy":"region","embeddable":true,"href":"https:\/\/employmenthero.com\/sg\/wp-json\/wp\/v2\/region?post=5247"},{"taxonomy":"pain-point","embeddable":true,"href":"https:\/\/employmenthero.com\/sg\/wp-json\/wp\/v2\/pain-point?post=5247"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/employmenthero.com\/sg\/wp-json\/wp\/v2\/persona?post=5247"},{"taxonomy":"post_features","embeddable":true,"href":"https:\/\/employmenthero.com\/sg\/wp-json\/wp\/v2\/post_features?post=5247"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}