Which statutory registers and records must a company keep?
Registers of members, directors, secretaries, registrable controllers (RORC) and nominee directors, plus meeting minutes and accounting records. Singapore companies must continuously maintain a set of statutory records evidencing their governance and compliance. Core items include the register of members (shareholders), the register of directors and CEOs, the register of secretaries, the Register of Registrable Controllers (RORC), and the register of nominee directors, plus records relating to shares and charges. Companies must also keep minutes of board and shareholders' meetings, the resolutions passed, and accounting records and supporting documents for at least 5 years. Since 2022, the way the register of members is maintained changed for private companies, with ACRA's electronic register serving as the statutory register. These records are usually set up and updated by the corporate secretary and underpin audits, due diligence, financing and regulatory queries. Missing or inaccurate records can constitute a breach.