The Complete Guide to Starting a Food and Beverage Business in Singapore (2024 Edition)
If you've ever been to Singapore, you'll know that locals and foreigners alike are drawn to their food. With the country being a melting pot of different Asian cuisines, it's hard to resist the urge to try out every local delicacy the country has to offer.
And we're not talking about the fancy corporate restaurants here. We're talking about the homegrown local restaurants, hawker stalls, pubs, and more. Go to Clarke Quay, and you'll see an entire row of nothing but restaurants and food stalls.
It just proves that there's a substantial market for food and beverage here in Singapore. So, if you decide on opening up your restaurant (or any F&B-related business) in the country, this article will show you what you need to do and teach you what you need to know about setting up a food and beverage business.
Planning to Set Up a Business in Singapore? Let Us Guide You Through the Journey
Navigating Singapore’s vibrant food and beverage industry is exciting, but setting up a business here requires specialized knowledge. Piloto Asia offers comprehensive business incorporation services specifically for entrepreneurs entering the F&B sector.
From registration to compliance with local regulations, we’ll guide you through every step to help make your launch a success.
Do You Need a License to Operate a Food and Beverage Business?
Singapore is known for its rules and regulations, specifically rules that govern businesses from all industries.
And much like any other industry, you need various licenses and permits to operate an F&B business in Singapore.
These licenses and permits will allow you to:
Serve alcohol, liquor, and tobacco products in your area
Provide outdoor dining areas
Import ingredients and equipment
Provide entertainment for your business
Use radioactive and other dangerous materials for food manufacturing
Operate petroleum-based products in kitchens, food factories, food stalls, and more
Registering a Singapore F&B company
Registering a food and beverage business is similar to registering a private limited company in Singapore. It doesn’t matter if it’s a coffee shop stall or a VCC in Singapore. The processes and requirements are identical, except for what company structure you need for the business.
Once the registration is complete, you’ll receive your incorporation documents, such as your ACRA BizFile and others, so you can proceed with the next steps of setting up the F&B business.
The two popular options for F&B businesses are:
Private Limited Company (Pte Ltd)
Sole Proprietorship (SP)
The majority of food and beverage entrepreneurs consider one of these two structures because of their benefits.
Sole proprietorship is available to Singapore citizens, permanent residents, and EntrePass holders. This makes it the most accessible business structure for incorporating your business.
Foreigners who opt to incorporate with sole proprietorship structure need to appoint an authorized representative with local residency (Citizen or SPR).
But this is where it gets tricky. Finding a local representative to apply on behalf of a foreign applicant can be challenging because the representative is liable for the business without any limited liability protection enjoyed by private limited companies.
This is why many F&B businesses register as a Pte Ltd instead of a sole proprietorship. In addition, private limited companies are known for their special tax incentives and access to government funding not available to a sole proprietorship or other structures.
A sole proprietorship is for people who want to register small businesses, like a hobby shop or a small hawker centre.
What Do You Need To Register a Company?
The minimum requirements to register a company are as follows:
Get your company name approved by the Accounting and Corporate Regulatory Authority (ACRA)
Prepare the necessary documents.
Company constitution
Shareholder's Identification and Residential Details
Appointment of one resident director for the application
You need a local Singapore address for registration. This address can be residential or commercial. PO Box addresses are not acceptable.
You'll submit your application to ACRA and wait for them to email you. The process takes about one day to complete, and you'll receive your official company registration documents through email.
These documents are required for the application of licenses and permits for the food and beverage business.
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What Licenses Do You Need?
Once you register your business, you'll receive your Unique Entity Number (UEN). This is important because you'll be using this to apply for the necessary licenses.
Application for licenses and permits in Singapore is straightforward. Just prepare the documents and submit them through their respective online portals. Then, wait for their feedback, it usually takes about a few business days, and you're done.
You'll either get approved or get denied. The latter often happens because of incomplete documents or documents with incorrect information. Don't worry, as you'll be able to resubmit your application.
Each application will cost you, so be sure to prepare the documents as accurately as possible. If you get denied, you won't get refunded for the application cost. And you'll need to pay another application cost for the reapplication.
These are the licenses you need to obtain if you want to open up a food and beverage business in Singapore.
Food Shop Licence
This is the most crucial license that you need for your business. Under the Environmental Public Health Act, companies wanting to operate a retail food outlet in Singapore need to apply for a Food Shop License from the Singapore Food Agency (SFA).
This license helps ensure the cleanliness of the premises and food safety in food retail outlets while actively preventing food-borne diseases.
Read more: Guide to Setting Up a Retail Business in Singapore
Food shops that need this license are as follows:
Restaurants
Cake shops and bakeries
Eating houses
Coffee shop/tea houses
Food court
Snacks and drinks counters
Private markets
Food catering businesses
Food shops that allow pets on the premises
Mobile food wagons
The cost of the license is S$195 and is valid for one year.
Eligibility for Application
Only Singaporeans or Permanent Residents can apply for a Food Shop License as an individual.
Self-employed individuals need to make sure that their Medisave contributions are paid up before license application
Comply with the list of hygiene requirements from the SFA's Food Service Department
Company registration with ACRA or
Association/Society registered with Registrar of Societies
Cost: S$195 (valid for one year)
Documents Required for Application
Approval from land agencies such as the Housing Development Board (HDB) and Urban Redevelopment Authority (URA) on the use of your potential location as your business premise
Tenancy agreement from your landlord
For the applicant, a copy of both sides of NRIC (National Identity Card For Singapore Citizens or Permanent Residence Holders)
For companies (one of the following):
Certificate of Incorporation from ACRA
Certificate of Registration from Registrar of Societies
Letter of authorization if a representative submits the application of the licensee/director of the company holding the license
Certificates for:
Basic Food Hygiene or Refresher Food Hygiene Certificate for food handlers (where applicable)
Food Hygiene Officer Certificate for food caterers, restaurants, food courts, and canteens only.
Cleaning program
Layout plan of the premises (in scaled metric units)
A pest-control contract covering the control of pests such as rodents and cockroaches during the year-long licensing period
The contract should also include the frequency of inspections carried out on the food shop premises.
Supplementary document containing information such as company name, store operating hours, type of food sold, etc.
Food Safty Management Plan or proof of registration for the "WSQ Apply FSMS for Food Service Establishments" course (for food caterers).
Photos of the interior and exterior of the catering vehicle (if applicable)
Vehicle log card or tenancy agreement of the rental car to prove ownership of the catering vehicle (if applicable)
Cleaning program for the catering vehicle (if applicable)
Halal Certification
Halal Certification is necessary for food outlets if they want to cater to Muslim customers in Singapore. This licensing helps ensure that the production process and the food preparation process adhere to Islamic Law.
Before applying for a MUIS Halal Certification License, your food establishment needs to meet three requirements before it can sell any food product to Muslims.
Staffing requirements: You need to employ a minimum of two or three Muslim individuals in each premise with a Halal Certification application. For food catering businesses, you need a minimum of three Muslim staff members for catering and central kitchen services.
System requirements: The applicant needs to comply with the 10 Principles of the Singapore Muis Halal Quality Management System (HalMQ).
Halal requirements: Raw materials must be Halal and need to be backed with supporting documents.
There are seven types of Halal Certification schemes that suit different food and food-related businesses in the industry. These schemes will cover one of the following:
Product - Certification for locally manufactured or processed products
Eating Establishment - For eateries including restaurants, hawkers, fast food restaurants, cafeteria, snack bars, canteens, food kiosks, food stations in hotel restaurants, and temporary food stalls
Food Preparation Area - For central kitchens operated by hospitals, food caterers, canteens, airports, and pre-school kitchens
Poultry Abattoir - For freshly slaughtered poultry
Endorsement - For manufacturers, exporters, and importers who plan to import, export, or re-export products that are Halal-certified by MUIS or other foreign Halal-certifying agencies
Storage Facility - For stationary and mobile storage areas such as cold rooms are warehouses
Whole Plant - For manufacturing facilities and products that are manufactured within the food business or restaurant industry
You need to apply for the Halal Certification via License One. Then, you'll be scheduled for a visit by one of the auditors to inspect your premises and see if you meet the requirements.
Petroleum/Flammable Materials Storage Licence
To install and store liquefied petroleum gas (LPG) and other related products, you'll need the Petroleum and Flammable Materials (P&FM) storage license from the Singapore Civil Defense Force.
This is for any food stall that plan to store more than 200kg of LPG at the establishment, so if your food business stores less than that, you're not required to get this license.
What Documents Do You Need?
The application for the P&FM storage license will require the following:
Approved Plans for LPG Installation;
Fire Safety Certificate;
Professional Engineer's Certification documents for the Piped LPG system;
Letter of Undertaking on Safe Handling of LPG installation;
LPG Check List;
Acknowledgement letter for Emergency Response Plan;
Approval Letter from URA and Land Transport Authority ("LTA") for the proposed storage area of the LPG manifold system;
Letter of Undertaking from LPG Supplier / Dealer; and
Letter of authorization from Owner/Operator (for Filer).
Liquor Licence
Is your business establishment serving or selling liquor products? Then you need to acquire a Liquor License. This is issued by the Singapore Police Force (SPF) under the Liquor Control (Supply and Consumption) (Liquor Licensing) Regulations 2015. You'll find out more about the Singapore Liquor License Application here.
It will cost you between S$110 and S$880 for the license, depending on your applied category.
Curious about liquor licensing? Check out our post on setting up retail outlets.
Public Entertainment Establishment Licence
A Public Entertainment Establishment License is required for venues wherein entertainment is provided to which the public, or any class of people, has access. For example, if you have entertainment such as a live band or play loud recorded music in your venue that your next-door neighbours can hear, you'll need a permit.
You can get this license at GoBusiness.
Tobacco Licence
Are you selling tobacco products at your f&b business? You'll need a tobacco license from the Health Sciences Authority (HSA). This license is suitable for only one outlet. If you have another store, you'll need a separate license for that.
You can refer to the Tobacco Licensing guidelines by going over to Health Sciences Authority.
GST Registration
GST refers to the Goods and Services Tax. This is a tax levy posed by the government of Singapore when money is spent on goods and services. A company that has annual revenue of S$ 1,000,000 or above has to register for GST. Registering for GST is done after the business is operational whenever you discern that your revenue will exceed the million mark. You should keep in mind that the registration should be done within at least 30 days of becoming liable to the levy.
Once you have registered for the GST, you will be charging this to your clients. The tax charge in Singapore is at 9% as of 1 Jan 2024. It is important to know more regarding when you need to file for GST for your company.
Do you need help on figuring out the GST requirements?
Don't do the research on your own. Ask us - we are happy to answer all your queries.
Food Safety Incentive
The food and beverage sector of Singapore enjoys a generous amount of incentives made possible by the government. This is in an attempt to promote the industry to grow to meet the demands of the market. Some of the incentives available include:
F&B Sector innovation incentives: this has been set up by SPRING Singapore under the Capability Development Programme (CDP) to help grow innovative projects.
F&B Sector service incentives: this is made possible by the Go the Extra Mile for Services (GEMS), a government movement is responsible to improve service levels.
Food safety incentives: this program allows for funding up to 50 % of the cost to ensure that food safety standards have been met as per the National Environment Agency (NEA) rules
F&B Sector workforce development incentives: This is enables restaurant owners to make use of Local Enterprises and Association Development (LEAD)
These incentives have played a crucial role in growing the food and beverage sector in Singapore while ensuring food safety standards are met in the restaurants.
Hiring Staff
If your business only plans on hiring Singaporeans (citizens or permanent residents), there should be no issues with staffing.
But hiring foreign employees will require you to follow specific guidelines from the Ministry of Manpower (MOM).
At the bare minimum, you need to set up work visas for every foreign worker you employ. The MOM considers a company to be under the services sector if the principal business activity is (for the F&B industry):
Restaurants, coffee shops, and other food establishments (excluding hawker stall)
Hotel restaurants
You can only hire foreign workers who meet certain conditions for age, source countries, and a maximum period of employment. These are considered as source countries:
Malaysia
People's Republic of China (PRC)
North Asian sources including Hong Kong (HKSAR passport), Macau, South Korea, Taiwan
Your food establishment should already have the Food Shop License issued by the NEA before you can employ foreign workers.
To qualify as Skilled Workers, non-Malaysian Work Permit Holders who're employed in the hotel, retail, and food and beverage industries need to get a Level 4 of the Workplace Literacy (WPL) Listening and Speaking Assessment administered by the Singapore Workforce Development Agency.
Closing
There you have it. This is your complete guide to setting up your food and beverage business right here in Singapore. It's not as hard or complicated as it looks because Singapore makes it easy for you to set up businesses here, regardless of industry. Even with the Covid 19 pandemic, food businesses are still booming as they continue to provide takeaway services for their customers who are unable to enjoy dine-in services.
If you need assistance with your business, you can talk to us. Piloto Asia will be more than happy to help you.
Frequently Asked Questions about Starting a Food and Beverage Business in Singapore
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Opening a bar in Singapore requires obtaining necessary licences, such as a liquor licence, entertainment licence, and food establishment licence, registering the business, and adhering to various regulations set by authorities.
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The cost of opening a small bar in Singapore can range from SGD 100,000 to SGD 500,000 or more, depending on various factors such as location, size, licences, and renovations.
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Opening a bar can be profitable in Singapore, but success depends on various factors, such as location, concept, pricing, and management.
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To get a catering licence in Singapore, you need to apply to the National Environment Agency (NEA) and meet the requirements such as food safety standards and premises suitability.
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A catering business in Singapore requires a food shop licence, food hygiene officer certificate, and food handler's permit, among others, depending on the specific nature of the catering service.
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Catering from home is not allowed in Singapore, as all food businesses must operate from a licenced commercial kitchen or food shop. However, the Home-Based Business Scheme, overseen by the Housing & Development Board (HDB) and Urban Redevelopment Authority (URA), allows homeowners to carry out small-scale food businesses (e.g. baking) from their residences without needing a licence. Keep in mind that this is primarily for supplementary income, and the business must follow specific guidelines, such as only being operated by residents of the property, not using industrial equipment, and adhering to food health and safety standards.
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For small-scale home-based food businesses, you don't need a licence under the Home-Based Business Scheme in Singapore. However, you must follow specific guidelines such as only being operated by residents of the property, not using industrial equipment, and adhering to food health and safety standards. For other types of food businesses, you generally need to operate from a licenced commercial kitchen or food shop.
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Opening a restaurant in Singapore requires obtaining licences such as a food shop licence, liquor licence (if applicable), Halal Certification (if applicable) and a permit for outdoor refreshment areas (if applicable).
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Yes, foreigners can open a restaurant in Singapore, but they must comply with regulations, obtain necessary licences and permits and meet the requirement of company incorporation set out by ACRA such as having at least one local director.
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The cost of starting a restaurant in Singapore can range from SGD 50,000 to several million dollars, depending on various factors such as location, size, licences, and renovations.
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The cost of renting a restaurant in Singapore varies depending on the location, size, and condition of the premises, but can range from several thousand dollars to tens of thousands of dollars per month.
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To import alcohol into Singapore, you must obtain a liquor import licence, register with the Singapore Customs and comply with relevant regulations. The importer must be a local Singaporean company that is registered with ACRA, and the alcohol must be labelled with all necessary details and packed properly.
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To apply for a liquor import licence in Singapore, you need to register your Singapore-based company or business with the Accounting and Corporate Regulatory Authority (ACRA). Next, obtain a Central Registration (CR) Number from Singapore Customs and a registration number from the Food Control Division (FCD) of the Agri-Food & Veterinary Authority (AVA). Both registrations can be completed online at www.customs.gov.sg and www.business.gov.sg, respectively.
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The import tax on alcohol in Singapore varies depending on the type and volume of the alcohol, but can range from SGD 60 to over SGD 113 per litre of alcohol or per kg.
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There are eight different types of liquor licences in Singapore, categorized as Class 1A, Class 1B, Class 2A, Class 2B, Class 3A, Class 3B, Class 4, and Class 5. The fees for these licences vary depending on the type and duration of the licence.
• Class 1A and 1B: These licences allow the supply of liquor for consumption at the licenced premises stated in the licence, with Class 1A being valid until 11:59 pm and Class 1B until 10:00 pm.
• Class 2A and 2B: These licences allow the supply of beer only for consumption at the licenced premises stated in the licence, with Class 2A being valid until 11:59 pm and Class 2B with trading hours as indicated on the licence.
• Class 3A and 3B: These licences allow the supply by retail of liquor/beer for consumption at premises other than the licenced premises stated in the licence, with trading hours until 10:30 pm.
• Class 4: This licence allows the supply by wholesale of liquor for consumption at premises other than the licenced premises stated in the licence, with trading hours until 10:30 pm.
• Class 5: This is a temporary licence that allows the supply of liquor/beer for a specified time period of not more than 30 consecutive days.
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The permitted hours for sale of alcohol in Singapore are as follows.
• Class 1A: Supply of liquor for consumption at the licenced premises stated in the liquor licence, permitted hours from 6am to 11.59pm
• Class 1B: Supply of liquor for consumption at the licenced premises stated in the liquor licence, permitted hours from 6am to 10pm
• Class 2A: Supply of beer only for consumption at the licenced premises stated in the liquor licence, permitted hours from 6am to 11.59pm
• Class 2B: Supply of beer only for consumption at the licenced premises, no specific trading hours indicated in the licence
• Class 3A: Supply by retail of liquor for consumption at premises other than the licenced premises stated in the liquor licence, permitted hours from 7am to 10.30pm
• Class 3B: Supply by retail of beer only for consumption at premises other than the licenced premises stated in the liquor licence, permitted hours from 7am to 10.30pm
• Class 4: Supply by wholesale of liquor for consumption at premises other than the licenced premises stated in the liquor licence, permitted hours from 7am to 10.30pm
• Class 5: Temporary licence where licence is required for a short period of time, such as once-off events and exhibitions, a specified time period of not more than 30 consecutive days
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To calculate alcohol duties in Singapore, consider the product's duty rate, which can be based on either per litre of alcohol or dutiable content (weight/volume). Multiply the total quantity by the customs and/or excise duty rate and, if applicable, the percentage of alcoholic strength to determine the duties payable.
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Follow these steps to acquire a liquor licence in Singapore:
1. Choose the appropriate licence type based on factors such as types of beverages, operating hours, and establishment
2. Ensure you meet the application criteria, including:
• Having a registered business
• Being a Singapore Citizen, Permanent Resident, or holding a valid FIN
• Holding a suitable position in the company (e.g., director or partner)
• Meeting suitability requirements set by the Licencing Officer3. Submit your application via the GoBusiness Licencing portal and pay the required fee
4. Provide necessary supporting documents when requested
5. Adhere to all conditions and restrictions of your licence after it is granted
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The cost of a liquor licence in Singapore varies depending on the type of licence. licence fees range from S$110 per year for retail and wholesale licences to S$880 per year for on-site consumption licences. Temporary licences for events can cost between S$22 and S$220, depending on the duration. Please consult official government sources for the most up-to-date information on licencing fees.
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You can apply for a hawker licence through the National Environment Agency (NEA) in Singapore.
• Complete the Level 1 of the WSQ Food Safety Course (previously known as Basic Food Hygiene Course or BFHC) before you run the business.
• Prepare the required documents: your original NRIC and a copy, a copy of the stall's tenancy agreement, and the certificate of Food Safety Course Level 1.
• Pay the licence fee which costs S$13 per year (with a maximum duration of 3 years) using cash or cheque.
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To open a hawker stall in Singapore, follow these steps:
1. Confirm your eligibility as a Singapore citizen or permanent resident who is at least 21 years old.
2. Complete Level 1 of the Food Safety Course (formerly known as the Basic Food Hygiene Course).
3. Identify your unique dish and the target customers.
4. Look into enrolling in the Hawkers' Development Programme or the Incubation Stall Programme for extra assistance.
5. Select an appropriate location based on the demographics of your target market.
6. Calculate the operating expenses associated with running a hawker stall.
7. Participate in the bidding process for a hawker stall during the designated tender period, typically from the 13th to the 26th of each month.
8. If your bid is successful, apply for a hawker licence, which costs $13 per year for up to 3 years, and make sure you have completed the necessary food safety course.
9. Cover the initial month's rent, service and conservancy fees, table cleaning fees, stamp duty, and a deposit equivalent to two months' rent.
Keep in mind that you are not allowed to sublet your stall to others.
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The initial capital required to start a hawker business in Singapore varies depending on factors such as the location, stall size, and type of cuisine. However, you can expect to incur the following expenses:
• Stall rental: Winning bid amounts can vary significantly based on location and competition.
• Equipment and setup: Depending on your specific requirements, this can range from a few thousand to tens of thousands of dollars.
• Licence and course fees: Approximately $150 for the Food Safety Course Level 1 and $39 for a 3-year hawker licence.
• Deposits and initial payments: Two months' rent as a deposit, plus the first month's rent, service and conservancy charges, table cleaning fees, and stamp duty.
• Inventory and supplies: The cost of ingredients, cooking supplies, and packaging materials.
• Operating expenses: Employee wages, utilities, and other miscellaneous costs.
Taking these factors into account, you may need anywhere from $10,000 to $50,000 or more as an initial capital to start a hawker business in Singapore. Keep in mind that ongoing monthly expenses can range from $10,000 to $20,000 or more, depending on the specific circumstances of your business.
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To sell food in Singapore, you need to obtain a few licences and permits, depending on your business type and requirements. The primary licence required for selling food is the Food Shop licence, which is issued by the Singapore Food Agency (SFA). This licence is applicable to most food and beverage establishments like restaurants, cafes, food courts, and catering businesses.
For hawker stalls, you need to obtain a Hawker licence from the National Environment Agency (NEA).
Additionally, food handlers working in food establishments must complete the Food Safety Course Level 1 (previously known as the Basic Food Hygiene Course or BFHC). This certification ensures that all food handlers are trained in proper food handling and hygiene practices.
Depending on your specific business, you may also need other licences or permits, such as:
1. Halal Certification: If you plan to sell Halal food, you will need to obtain a Halal Certificate from the Islamic Religious Council of Singapore (MUIS).
2. Liquor licence: If you intend to sell alcoholic beverages, you will need to apply for a Liquor licence from the Singapore Police Force.
3. Import licence: If you are importing food products or ingredients, you may need to apply for an Import licence from the Singapore Food Agency (SFA).
Ensure that you research and comply with all relevant regulations and requirements before starting your food business in Singapore.
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To get a food licence in Singapore, you must first register your business with the ACRA. Next, ensure that all food handlers have completed the Food Safety Course Level 1. You can then apply for a Food Shop licence or Hawker licence through the GoBusiness Licencing portal.
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Yes, you can sell homemade food in Singapore, but you must first obtain a food shop or hawker licence from the Singapore Food Agency (SFA). You must also comply with all food safety and hygiene regulations.
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No, you do not need a licence to sell homemade food in Singapore if you operate as a Home-Based Food Business. However, you must ensure that the food is obtained from SFA-regulated sources and prepared/processed in a safe and hygienic manner to maintain food safety.
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Yes, home bakeries are allowed in Singapore under the Home-Based Business Scheme. No HDB approval is needed for small-scale operations, but it's crucial to follow the conditions of use and maintain food safety and hygiene standards.
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Yes, home-based food businesses are permitted in Singapore under the Home-Based Business Scheme. As long as you adhere to the conditions of use and maintain proper food safety and hygiene, you can operate a small-scale food business from your home without needing HDB approval.
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To start a home-based food business in Singapore, you should operate under the Home-Based Business Scheme. While you do not need a food shop or hawker licence, you must adhere to food safety and hygiene regulations, as well as the conditions set out by the scheme. You can then begin your business from your home kitchen.
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To apply for a food stall licence in Singapore, first, register your business with the Accounting and Corporate Regulatory Authority (ACRA). Then, obtain a food handling course certificate for the food handlers working in your stall. Finally, submit your application for a food stall licence online through the Singapore Food Agency (SFA) website.
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The cost of a food stall licence in Singapore is S$32.00 for a one-year validity or S$64.00 for a two-year validity.
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To open a food stall in Singapore, you will need to prepare the following documents:
1. Applicant's NRIC: A copy of the applicant's National Registration Identity Card (NRIC).
2. ACRA registration: A copy of the ACRA registered Company Business Profile.
3. Letter of authorization: If the application is submitted by a filer, you'll need a letter of authorization from the applicant.
4. Layout plan: A detailed layout plan of the food stall, showing the stall you are applying for.
5. Tenancy agreement: A copy of the tenancy agreement for the food stall premises or a Letter of Consent from the landlord.
6. Food hygiene certificate: Obtain a food handling course certificate and Work Permit for yourself and all food handlers working at your stall.
7. FSMS or HACCP documentation: Depending on the type of food stall, you may need a Food Safety Management System (FSMS) plan or Hazard Analysis Critical Control Point (HACCP) plan and certification.
8. Additional approvals: Depending on the type of food you will be selling, you may need additional approvals or licences from the Singapore Food Agency (SFA).
Please note that requirements may vary depending on the specific circumstances of your food stall and the regulations in place at the time of application. It is essential to consult the relevant authorities to ensure you have all the necessary documents and meet all requirements.
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The cost to rent a restaurant in Singapore varies depending on the location, size, and amenities. Prime location like the Central Business District (CBD) or popular shopping and dining districts like Orchard Road tend to have higher rental rates.
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To set up a stall in Singapore, the costs you will need to consider include:
1. Licences: You will need to obtain the necessary licences, such as a food shop or hawker licence from the Singapore Food Agency (SFA). The Food Stall licence costs S$32.00 for one year or S$64.00 for two years.
2. Rental: The cost of renting a stall varies depending on the location, size, and type of stall. Prime locations with higher foot traffic will generally have higher rental costs.
3. Renovations and fit-out: Depending on the stall's condition, you may need to invest in renovations and customizations to suit your business needs. This includes setting up the kitchen, seating area, and any other necessary facilities.
4. Equipment: You will need to purchase or lease essential equipment such as cooking appliances, refrigeration units, and food preparation tools.
5. Inventory: You will need to stock up on raw materials, ingredients, and packaging supplies to begin operations.
6. Staffing: If you plan to hire staff, you will need to consider their salaries and other employment-related expenses.
7. Marketing: To promote your stall, you might need to allocate a budget for marketing and advertising activities, such as creating a logo, designing menus, and launching promotions.
Please note that the actual costs of setting up a stall in Singapore will vary depending on various factors, such as the specific location, size, and concept of your food stall.
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The rent for a small shop in Singapore varies depending on the location, size and the condition of the shop. Generally, shop rents in prime locations like Orchard Road or Marina Bay can be much higher than those in suburban areas or HDB estates.
It is advisable to consult current property listings or engage with a commercial property agent to get the most up-to-date information on rental costs.
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To rent a food stall in Singapore, follow these steps:
1. Ensure eligibility: Only Singapore citizens and permanent residents above 21 years old can start a hawker stall business.
2. Complete the Food Safety Course Level 1: This is mandatory for anyone involved in food preparation and handling.
3. Decide on your speciality dish: Know what you want to serve and perfect your recipe.
4. Consider enrolling in the Hawkers' Development Programme (HDP): This program equips you with relevant skills and knowledge to run a hawker business.
5. Choose your location: Determine your target audience and pick a hawker centre with high foot traffic that suits your demographic.
6. Estimate running costs: Factor in expenses like employee wages, rental fees, service and conservancy charges, table cleaning costs, and utilities.
7. Consider applying for NEA's Incubation Stall Programme: This program offers reduced startup costs for aspiring hawkers.
8. Bid for a hawker stall: Check for available stalls on NEA's website, and submit your tender during the designated tender period (usually the 13th to 26th of every month).
9. Apply for a hawker licence: If your bid is successful, you'll need to apply for a hawker's licence and pay the necessary fees.
Remember that you cannot sublet your stall to others, and you might be eligible for the Hawkers' Productivity Grant to buy kitchen automation equipment.
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The cost of a central kitchen in Singapore can vary significantly based on factors such as location, size, equipment, and renovation. On average, the cost can range from S$100,000 to S$500,000 or even more. The main components contributing to the cost include:
1. Rent: The rental cost for a central kitchen space depends on the location and size. Industrial areas typically have lower rental rates compared to more central locations. Keep in mind that monthly rental costs can fluctuate considerably based on these factors.
2. Renovation: Customizing the kitchen to suit your specific needs, including the installation of proper flooring, walls, ceilings, and electrical and plumbing systems, can impact your overall costs. The scale of the renovation will determine the final expense.
3. Equipment: Purchasing commercial kitchen equipment such as ovens, stoves, refrigerators, and preparation tables also affects your budget. The quality and quantity of equipment needed will influence the total cost.
4. Licences and permits: You will need to obtain the necessary licences and permits to operate a central kitchen in Singapore. This may include a food shop licence, food hygiene certification, and fire safety certification. The costs for these licences and permits can range from a few hundred to a few thousand dollars.
5. Other costs: Additional costs can include utilities, manpower, and insurance, which will vary based on the size and scale of your operations.
It's crucial to create a detailed budget and consider all the costs involved before starting a central kitchen in Singapore. Costs can be significantly higher or lower depending on your specific requirements and the scale of your operations.
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Food storage warehouses in Singapore are regulated by the Singapore Food Agency (SFA), focusing on food safety, hygiene, and storage. Essential aspects include proper temperature control, organized storage to prevent cross-contamination pest control measures, staff training and ensuring traceability.
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Food safety in Singapore is regulated by the Singapore Food Agency (SFA), which oversees the entire food supply chain from import to consumption.
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The food product and safety regulation in Singapore is governed by the Sale of Food Act, which ensures that food products are safe and fit for consumption. The regulation also covers food labeling, advertising, and packaging.
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Food handlers involved in preparing, cooking and serving food in Singapore are required to have a food hygiene certificate issued by the Singapore Food Agency (SFA).
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To get a food handling certificate in Singapore, you need to attend the WSQ Food Hygiene Course conducted by an SFA-approved training provider and pass the assessment.
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The food hygiene certificate in Singapore is valid for 5 years, after which it must be renewed by attending a refresher course and passing the assessment.
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You can check your food hygiene certificate in Singapore through MySkillsFuture portal.
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In Singapore, online food sellers and food delivery services don't require a licence from SFA, but they must adhere to food safety requirements under Sale of Food Act (SOFA) and Environmental Public Health Act (EPHA). Group-buy organizers importing food need a licence from SFA. Ensuring food safety is a joint responsibility between sellers, delivery services, group-buy organizers, and consumers.
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Yes, food and beverage businesses in Singapore need to follow the Singapore SFRS. The Singapore SFRS are the accounting standards that apply to all businesses in Singapore, including food and beverage businesses.
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Whether or not you need to hire bookkeeping services in Singapore for your food and beverage business depends on a number of factors, including the size and complexity of your business, your own accounting skills, and your budget.
It's essential to have accurate and timely financial records to understand your business performance and to comply with regulatory requirements.
If you find that managing the books on your own is time-consuming or outside your expertise, outsourcing this task could be a beneficial move.
At Piloto Asia, we offer tailored bookkeeping services to meet the unique demands of the food and beverage industry. Our experienced team can handle your financial records, allowing you to focus on delivering exceptional culinary experiences to your customers.
Reach out to us to learn how we can support your business in navigating the financial landscape efficiently.
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Launching a food and beverage business in Singapore requires careful planning and insight into the local market. You have to be aware of the various regulatory requirements, licenses, and permits, and the procedure to apply for them. As for the financial part, it would be beneficial if you set up your food and beverage outpost as a subsidiary of an investment holding company This way, you'll be able to separate the financial and legal liabilities from your core business. Please ensure to seek guidance from a legal or professional entity to learn more about the benefits and processes of setting up an investment holding company in Singapore.
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Companies in Singapore are required to file their corporate income tax returns annually. The deadline for filing is November 30 of the following year. You can use the Inland Revenue Authority of Singapore (IRAS) website to file your corporate income tax return. You will need to create an account and log in. Once logged in, you can select the "Corporate Income Tax Return" option.
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NOA stands for Notice of Assessment. It is a document that the Inland Revenue Authority of Singapore (IRAS) provides to taxpayers, informing them of the amount of income tax they owe for a specific year. The NOA will also detail the deductions and allowances that the taxpayer is entitled to claim.
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Starting a food and beverage business in Singapore involves several critical considerations, applicable to both the investment holding company and other business entities:
Understanding Regulatory Requirements: Secure the necessary licenses and permits from the Singapore Food Agency (SFA) and comply with local food safety and hygiene regulations.
Business Structure Decisions: For investment holding companies, setting up the food and beverage business as a subsidiary can help manage financial and legal liabilities separately from the main investment activities. This structure can also be advantageous for other types of business entities.
Market Research: Conduct in-depth research to understand the competitive landscape, customer preferences, and market trends in Singapore's food and beverage sector.
Choosing the Right Location: Select a location that aligns with your target demographic and offers logistical convenience.
Financial Planning and Budgeting: Prepare a detailed financial plan covering startup costs, operational expenses, and revenue projections.
Staffing and Operations: Hire skilled staff and ensure they receive proper training to maintain high service standards.
Marketing Strategies: Develop effective marketing and branding strategies to establish your presence in the market.
Diversification Considerations: For investment holding companies, venturing into the food and beverage industry can be a strategic move to diversify investments and explore new revenue streams.
By addressing these key areas, both investment holding companies and other business entities can successfully establish and operate a food and beverage business in Singapore.
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At Piloto Asia, we provide comprehensive support for the formation of a Singapore company, especially for those venturing into the food and beverage industry. especially for those venturing into the food and beverage industry. As Singapore's #1 corporate service provider, we assist you through all stages of business setup, including:
Procuring Necessary Licenses: We help you obtain the required licenses and permits to operate in the food and beverage sector.
Real Estate Assistance: We assist you in purchasing or renting commercial properties necessary for your food and beverage business.
Incorporation Services: We manage the entire incorporation process, ensuring compliance with Singapore's regulations.
Corporate Secretary: We provide qualified corporate secretarial services to ensure ongoing compliance with statutory requirements.
Corporate Bank Account Opening: We facilitate the opening of your corporate bank account.
Nominee Director Service: If needed, we offer nominee director services to meet local director requirements.
Accounting and Taxation: We offer comprehensive accounting services, including bookkeeping, financial reporting, and tax compliance, ensuring your business meets all regulatory requirements.
Our profound experience and demonstrated expertise streamline your business formation process, ensuring a seamless entry into Singapore's flourishing food and beverage sector.
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