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Start a Singapore Hotel Business

Without a doubt, Singapore is one of the most popular tourist destinations in South Asia. In 2018, the Singapore Tourism Board (STB) recorded a number of 18.5 million visitor arrivals, meaning that there was a 6.2% rise from the year before. The tourism industry in Singapore contributes about four percent of the country’s economy. As tourist numbers continue to spike each year, accommodation business opportunity including hotels, hostels, inns, lodging, boarding houses, and et cetera naturally expands. 8% of economic growth in the hotel and restaurants sector is predicted by the economic forecast.

To open a hotel in Singapore, a business must acquire Certificate of Registration and apply for a Hotel-Keeper’s license. The Certificate of Registration is needed to be able to use premises as a hotel, while the Hotel-Keeper’s license proves that the company is capable of managing the hotel. There are requirements to be fulfilled described below:

A hotel company must first get their company registered in Singapore, known as business incorporation. Business incorporation is registering the hotel or any business to be acknowledged under the Singaporean law according to its business entity. This registration is to be done at ACRA. Next, the Urban Redevelopment Authority (URA) will check the premises that are set to operate as the hotel and decide whether it is approved for business. You will then need to appoint a qualified CEO or General Manager for the hotel’s administrative affairs. After the application for a certificate of registration is submitted, you are allowed to advertise the application in The Straits Times and the Lianhe Zaobao within 14 days. You will also have to apply for one of two certificates issued by the National Environment Agency (NEA), namely Clearance Certificate (Temporary Occupation Permit) or a Compliance Certificate (Certificate of Statutory Completion). You’ll need to acquire either a Temporary Occupation Permit (TOP) or Certificate of Statutory Completion (CSC) from the Building Construction Authority of Singapore. Finally, the Fire Safety Department must approve your hotel with Temporary Fire Permit (TFP) or Fire Safety Certificate (FSC) issued by the Fire Safety Bureau of Singapore.

Once all seven conditions above are fulfilled, you may proceed to the main application procedure of applying for the Certificate of Registration and Hotel-Keeper’s License.

An accounting agency, A1 Business mentioned that in order to apply for these certificates and license, you will need to fill out an application form and submit it to the Hotels Licensing Board. Along with the application form, a cover letter indicating the hotel’s estimated operating date, written approval grant by the Urban Development Authority (URA), copy of the published advertisements that were previously done and published in The Straits Times and Lianhe Zaobo, a resume of the hotel-keeper, and a copy of all the approvals, permits, and certification from various agencies in the requirements/conditions mentioned previously must be included and submitted.

Applications are usually processed in three weeks. Applications that are approved will receive the Certificate of Registration and Hotel-Keeper’s License. There is a license fee of S$100 to be paid. This license is to be renewed annually with annual registration fee between S$200-400 that varies according to the number of rooms are in the hotel.

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