Find here how to apply for a builder license in Singapore. Our Singapore company formation agents can help you set up a construction company in the city-state, so please contact us: https://www.opencompanysingapore.com/.
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Obtain a Builder License in Singapore
1. Obtain a Builder License in Singapore
A presentation brought to you by
OpenCompanySingapore.com
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2. The Real Estate Sector in
Singapore
Real estate is one of the most important
and attractive industries in Singapore,
as many foreign investors have seen the
huge development potential of this
sector.
The large number of foreigners
relocating here for business or
employment purposes has determined
the development of the construction
in Singapore.
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3. Opening a Construction
Company in Singapore
One of the most important requirements
for setting up a construction
company is to obtain a Singapore
builder license.
This special permit is issued in
accordance with the Building Control
Law on the Licensing of Builders which
was last amended in 2007.
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4. Types of Builder License in
Singapore
The builder license is required for
carrying out construction projects for
both public and private housing.
Also, the law established two types of
builders licenses in Singapore:
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the general builder license which
is further divided into 2 classes;
the specialist builder license.
5. The General Builder License
in Singapore
The general builder license is
subdivided into:
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the class 1 builder license which
can complete projects of any value;
the class 2 builder license which
can complete projects with a
maximum value of 6 million SGD.
6. The Specialist Builder
License in Singapore
The specialist builder license is
for Singapore companies or private
contractors who can complete the
following types of construction works:
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piling;
ground support and stabilization;
steel structuring;
pre-cast concrete structuring;
in-situ post-tensioning works;
site investigations.
7. Applying for a Singapore
Builder License >>
The applications for builder
licenses must be filed with the Building
and Construction Authority (BCA) in
Singapore and imply filing the forms issued
by the authorities together with:
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the appointment of an Approved Person
(AP) who can be a sole trader or a
company director;
the appointment of a Technical Controller
who must be a specialist in the
construction field;
the fee payment receipt.
8. >> Applying for a Singapore
Builder License
Singapore companies applying for
a builder license must comply with
the following minimum share capital
requirements:
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300,000 SGD for a class 1 general
builder license;
25,000 SGD for a class 2 general or
specialist builder license.
9. Company Formation
Services in Singapore
For full information on how to obtain a
builder license, please contact our
Singapore company formation
advisors.
Our Singapore company formation
specialists can also help with
the registration of a construction
company.
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10. Thank you for
your attention!
For more information, please contact us at:
office@lawyers-singapore.com
www.opencompanysingapore.com
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