Corporate Service Providers Act 2024 · Updated to 9 Jun 2025 · Part 8 · Consequential and Related Amendments to Other Acts
38. Amendment of Companies Act 1967
Official textFrom Singapore Statutes Online, unchanged
In the Companies Act 1967 —
in section 4(1), replace the definition of “registered qualified individual” with —“ “registered corporate service provider” and “registered qualified individual” have the meanings given by section 2(1) of the Corporate Service Providers Act 2024;”;
registered qualified individual
“registered qualified individual” means a qualified individual who is registered under this Act, and includes —(a)a deemed registered qualified individual; and(b)a person who is treated under section 44(1) as registered under section 10 as a registered qualified individual;
after section 145, insert —“Acting as nominee director145A.—
Subject to subsection (2), a person must not, on or after the appointed day, act as a nominee director of a company by way of business, unless —
nominee director
“nominee director” means a director who is accustomed or under an obligation whether formal or informal to act in accordance with the directions, instructions or wishes of any other person;
the person is a registered corporate service provider for providing the corporate service of acting, or arranging for another person to act as a director of a corporation; or
registered corporate service provider
“registered corporate service provider” means a corporate service provider who is registered under this Act, and includes —(a)a deemed registered corporate service provider; and(b)a person who is treated under section 42(3) as registered under section 8 as a registered corporate service provider;
his or her so acting is arranged by a registered corporate service provider for that corporate service.
corporate service
“corporate service” means any of the following services:(a)forming, on behalf of another person, a corporation or other legal person;(b)acting, or arranging for another person to act —(i)as a director or secretary of a corporation;(ii)as a partner of a partnership; or(iii)in a similar capacity in relation to other legal persons;(c)providing a registered office, business address, correspondence or administrative address or other related services for a corporation, partnership or other legal person;(d)acting, or arranging for another person to act, as a nominee shareholder on behalf of any corporation, other than a corporation whose securities are listed on an approved exchange within the meaning of section 2(1) of the Securities and Futures Act 2001;(e)carrying out any designated activity in relation to the provision of any accounting service;(f)carrying out an ACRA transaction with the ACRA Registrar using the electronic transaction system —(i)on behalf of another person; or(ii)for one or more companies as a secretary of each of those companies;
Subsection (1) does not apply where —
the person acts as a nominee director of his or her affiliated company; or
company
“company” and “corporation” have the meanings given by section 4(1) of the Companies Act 1967;
the person had commenced acting as a nominee director of the company before the appointed day.
Any person who contravenes subsection (1) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $10,000 and, in the case of a continuing offence, to a further fine not exceeding $1,000 for every day or part of a day during which the offence continues after conviction.
In this section —“affiliated company”, in relation to a person, means —
a company that employs the person; or
a company which by virtue of section 6 is deemed to be related to a corporation that employs the person;“appointed day” means the date of commencement of section 38(b) of the Corporate Service Providers Act 2024;“nominee director” means a director who is accustomed or under an obligation whether formal or informal to act in accordance with the directions, instructions or wishes of any other person.”;
corporation
“company” and “corporation” have the meanings given by section 4(1) of the Companies Act 1967;
in section 386AB, delete the definition of “registered filing agent”; and
registered filing agent
“registered filing agent” means a filing agent registered by the Chief Executive under section 31 of the old ACRA Act;
in the following provisions, replace “registered filing agent” with “registered corporate service provider”:Section 386AG(4)Section 386AH(4)Section 386AI(4).
Terms defined in this Act
company
Defined · s 2“company” and “corporation” have the meanings given by section 4(1) of the Companies Act 1967;
corporate service
Defined · s 2“corporate service” means any of the following services:(a)forming, on behalf of another person, a corporation or other legal person;(b)acting, or arranging for another person to act —(i)as a director or secretary of a corporation;(ii)as a partner of a partnership; or(iii)in a similar capacity in relation to other legal persons;(c)providing a registered office, business address, correspondence or administrative address or other related services for a corporation, partnership or other legal person;(d)acting, or arranging for another person to act, as a nominee shareholder on behalf of any corporation, other than a corporation whose securities are listed on an approved exchange within the meaning of section 2(1) of the Securities and Futures Act 2001;(e)carrying out any designated activity in relation to the provision of any accounting service;(f)carrying out an ACRA transaction with the ACRA Registrar using the electronic transaction system —(i)on behalf of another person; or(ii)for one or more companies as a secretary of each of those companies;
corporation
Defined · s 2“company” and “corporation” have the meanings given by section 4(1) of the Companies Act 1967;
director
Defined · s 2“director” has the meaning given by section 4(1) of the Companies Act 1967;
nominee director
Defined · s 2“nominee director” means a director who is accustomed or under an obligation whether formal or informal to act in accordance with the directions, instructions or wishes of any other person;
registered corporate service provider
Defined · s 2“registered corporate service provider” means a corporate service provider who is registered under this Act, and includes —(a)a deemed registered corporate service provider; and(b)a person who is treated under section 42(3) as registered under section 8 as a registered corporate service provider;
registered filing agent
Defined · s 41“registered filing agent” means a filing agent registered by the Chief Executive under section 31 of the old ACRA Act;
registered qualified individual
Defined · s 2“registered qualified individual” means a qualified individual who is registered under this Act, and includes —(a)a deemed registered qualified individual; and(b)a person who is treated under section 44(1) as registered under section 10 as a registered qualified individual;
Part 9