Convert your sole proprietorship into a private limited company
Moving to a Pte Ltd separates you from the business liabilities and changes how you are taxed. It is not a rename — it is a new entity, and the transition needs to be done in the right order.
What is included
- Incorporation of the new private limited company
- Name continuity where the name is available
- Transfer of business assets and contracts documented
- Cessation of the sole proprietorship with ACRA
- GST re-registration if applicable
- Advice on the sequence so there is no gap in trading
How it works
We check the name is available as a company.
A registered business name does not reserve the company name.
The new company is incorporated.
Same process as any incorporation, human-approved.
Licensed-person approvalAssets and contracts transfer.
Documented properly so the new entity actually owns them.
Licensed-person approvalThe sole proprietorship is ceased.
Authorised and filed by the professional reviewer once the transfer is complete, not before.
Licensed-person approvalWhat we need
- 01Your existing business registration number.
- 02A list of contracts, licences and assets to transfer.
- 03GST registration status.
- 04Your last set of accounts, if any.
Sequencing matters here — cease the old registration too early and you have a gap in trading. Both the incorporation and the cessation are reviewed by a qualified person, and the order is set deliberately.
Common questions
Can I keep the same name?
If it is available as a company name. Holding a business name does not reserve it.
Do my licences transfer automatically?
No. Most must be reapplied for by the new entity. We list which ones as part of the review.
Will my tax change?
Yes. A company is taxed on its own profits rather than as part of your personal income. That is usually the reason for converting.