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Real Estate Business Licensing in Singapore

Licensed at two levels

Real Estate Business Licensing in Singapore

Singapore estate agency work is licensed at agency and salesperson level. Neither alone lets you transact.

GCC business setup specialists

Two licences, and examinations

An estate agency needs a licence and each salesperson needs individual registration, with examination requirements at both levels. The examination schedule, not the application, usually determines when you can start.

  • Agency and salesperson requirements handled together
  • Examination lead time built into the plan
  • Key executive officer requirements explained

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20+

Mainland, free zone and offshore jurisdictions we file in — so the recommendation is based on your activity, not on which authority we happen to be registered with.

7,000+

Companies successfully established.

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What is involved

Licensing an estate agency

Both levels are required before any transacting.

RequirementWhat it covers
Estate agency licenceThe business carrying on estate agency work.
Key executive officerA qualified individual responsible for the agency.
Salesperson registrationEach individual performing estate agency work.
ExaminationsRequired at agency and salesperson level.
Professional indemnityInsurance requirements apply.
Conduct rulesOngoing obligations on advertising and client dealings.

Estate agency licensing, examination and conduct requirements are set by the Singapore regulator and change. Yours are confirmed before any application.

How it works

Licensing the agency

The examination schedule usually sets the start date.

01

Assess the requirements

What the agency and each individual will need, including examinations and the key executive officer, with a realistic timeline.

02

Incorporate and apply

Company incorporated and the agency licence application prepared alongside salesperson registrations.

03

Licences and operation

Licences issued, insurance arranged, conduct obligations explained and the renewal calendar set.

Agency and individuals

What the regulator will want

Individual requirements are as important as agency ones.

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  • Business profile and constitution
  • Key executive officer details and qualifications
  • Examination results for the KEO
  • Details of each salesperson
  • Salesperson examination results
  • Professional indemnity insurance
  • Office premises details
  • Fitness and propriety evidence
  • Company structure and management
  • Prior regulatory history anywhere
  • Advertising and conduct procedures
  • Record keeping arrangements

Scope

What is included, and what is not

Stated plainly, so nothing is added once the engagement starts.

Included in the service fee

  • Assessment of agency and individual requirements
  • Incorporation through a registered filing agent
  • Estate agency licence application
  • Co-ordination of salesperson registrations
  • Guidance on examination requirements
  • Key executive officer requirements explained
  • Responses to regulator queries
  • Renewal calendar set

Not included, quoted separately

  • Regulator and licence fees, paid at cost
  • Examination fees and preparation courses
  • Professional indemnity premiums
  • Office premises and fit-out
  • Advertising costs
  • Legal representation at hearings
  • Ongoing conduct compliance monitoring
  • Regulated filings, made by the registered filing agent

Verify independently

Official Singapore authorities

We file directly with these bodies on your behalf.

Accounting and Corporate Regulatory Authority (ACRA)Inland Revenue Authority of Singapore (IRAS)Ministry of ManpowerCentral Provident Fund BoardSingapore CustomsSingapore Food Agency

Questions

Singapore estate agency licensing — FAQs

Can I transact with just a company?

No. The agency needs a licence and each salesperson needs individual registration. Both are required.

What is a key executive officer?

A qualified individual responsible for the agency, with their own examination and eligibility requirements. Identifying one early is essential.

Do salespersons need examinations?

Yes, and the schedule has a lead time. That schedule usually determines when the business can actually start operating.

Is foreign ownership restricted?

Company ownership is not restricted in the way licensing is, but the licensing and qualification requirements apply regardless of ownership.

How long does licensing take?

Driven by examinations and the regulator’s assessment, so months rather than weeks.

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