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
builder’s 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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