Every companies must be aware of their registration needs for the relevant Singapore business license. Depending on your business, you may need to be licensed by different authorities. Beyond a basic operating license, you may need specific permits, such as an environmental permit. Regulations vary by business activity and industry so therefore as a company owner it's very important to understand the licensing rules where your business is located. Not complying with regulations for licensing and permitting can lead to expensive fines and put your business at serious risk.