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Obtain a Builder License in Singapore
A presentation brought to you by
OpenCompanySingapore.com
1
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.
2
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.
3
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:
4
 the general builder license which
is further divided into 2 classes;
 the specialist builder license.
The General Builder License
in Singapore
 The general builder license is
subdivided into:
5
 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.
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:
6
 piling;
 ground support and stabilization;
 steel structuring;
 pre-cast concrete structuring;
 in-situ post-tensioning works;
 site investigations.
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:
7
 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.
>> Applying for a Singapore
Builder License
 Singapore companies applying for
a builder license must comply with
the following minimum share capital
requirements:
8
 300,000 SGD for a class 1 general
builder license;
 25,000 SGD for a class 2 general or
specialist builder license.
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.
9
Thank you for
your attention!
For more information, please contact us at:
office@lawyers-singapore.com
www.opencompanysingapore.com
10

More Related Content

Obtain a Builder License in Singapore

  • 1. Obtain a Builder License in Singapore A presentation brought to you by OpenCompanySingapore.com 1
  • 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. 2
  • 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. 3
  • 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: 4 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: 5 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: 6 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: 7 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: 8 300,000 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. 9
  • 10. Thank you for your attention! For more information, please contact us at: office@lawyers-singapore.com www.opencompanysingapore.com 10