Overview
All companies incorporated in Singapore, must maintain a register of nominee shareholders (unless exempted). Click here to find out if your company is exempted from this requirement.
In particular, companies are required to:
- Keep a register of its nominee shareholders containing the particulars of the nominators of the company’s nominee shareholders
- Ensure that information in the register of nominee shareholders is updated within 7 days after being informed of any change, and
- Produce this register and any related document to the Registrar, an officer of ACRA or a public agency, upon request
Who is a Nominee Shareholder?
A shareholder is a nominee if the shareholder:
- Is accustomed or under an obligation (whether formal or informal) to vote, in respect of shares in the company of which the shareholder is the registered holder, in accordance with the directions, instructions or wishes of any other person; and
- Receives dividends, in respect of shares in the company of which the shareholder is the registered holder, on behalf of any other person.
For more information, refer to the Register of Nominee Shareholders - Guidance for Companies issued by ACRA.
Navigation
| From the Main Toolbar, go to Company | |
| Select the Company from the list | |
| Select Shareholders |
Add Nominee Shareholders
If your company is required to maintain a Register of Nominee Shareholders, select Nominee Shareholders +.
Select Add Nominee Shareholders
The Nominee Shareholders screen will display:
Field |
Explanation |
|---|---|
| Nominee Shareholders Name | Select the Shareholder contact. |
| Nominator |
Begin typing the Nominator. CAS 360 will search the Global Contacts screen for the contact. If the contact has not been previously saved to the database, select Click + to add new... to create the contact. |
| Position Status | Select between appointed or ceased. |
| Appointed Date | Date of becoming a Nominee Shareholder |
| Date of Entry | Date when the Nominee Shareholder is added to the register, or when the entry has been updated. |
| Ceased | Date ceased as a Nominee Shareholder (if applicable). |
| Notes | Add any extra notes in relation to the Nominee Shareholder |
Select Save or Save & Prepare to prepare documents
Forms Prepared
CAS 360 will display the Document Production screen and automatically select the documents required:
- Register of Nominee Shareholders
Select the three dots to open the options menu to change any of the document settings. Different options will appear depending on the document type.
View Nominee Shareholders
Select View Nominee Shareholder to view all the current and historical Nominee Shareholders (including appointment history) added to the company and to make any necessary changes.
Select the options button to edit, delete or re-appoint a particular Nominee Shareholder.
Print Nominee Shareholders
Select Print Nominee Shareholder to prepare the Register of Nominee Shareholders, even if there are no Nominee Shareholders appointed.
Forms Prepared
CAS 360 will display the Document Production screen and automatically select the documents required:
- Register of Nominee Shareholders
Select the options button to adjust any document settings. Different options will appear depending on the document type.