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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
builder’s 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

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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 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 builder’s 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