What is a Corporate Service Provider (CSP)?
As set out in the Corporate Service Providers Act 2024, a CSP is a person or entity that provides any of these corporate services:
- Forms corporations or other legal entities for clients
- Acts as, or arranges for others to act as:
- Company directors or secretaries
- Partners in partnerships
- Similar roles in other legal entities
- Provides a registered office, business address, correspondence or administrative address or other related services for a corporation, partnership or other legal person
- Acts as, or arranges for others to act as nominee shareholders (except for listed companies on approved exchanges under the Securities and Futures Act 2001)
- Provides designated accounting services
- Files ACRA transactions on behalf of:
- Other persons, or
- Companies where they serve as company secretary
Important: If your business provides any of the services listed above, you must register as a CSP with ACRA.
Requirements to Become a Registered CSP
- Your business must be registered with ACRA as a company, registered business, registered limited liability partnership, or registered limited partnership
- You must meet one of these requirements regarding Registered Qualified Individuals (RQIs):
- Be an RQI yourself,
- Have at least one partner who is an RQI, or
- Employ or engage at least one RQI;
- Directors, partners, or persons directly or indirectly involved in the management must meet ACRA's "fit and proper" requirements
- At least one director or owner or partner of the CSP must complete the mandatory AML/CPF/CFT course and pass a proficiency test before initial CSP registration and at each renewal (within six months before the date of application)
- If your CSP registration was previously cancelled by ACRA, there is a 2-year moratorium from the end of the cancellation period before you can reapply
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Who can be a Registered Qualified Individual (RQI)?
To register as a Registered Qualified Individual, you must:
- Meet all requirements set out in the Corporate Service Providers Regulations 2025
- Be a fit and proper person
If your RQI registration was previously cancelled by ACRA, there is a 2-year moratorium from the end of the cancellation period before you can reapply.
Note: You may also need to provide supporting documents in your application, as set out in the table below.
Qualified Individuals | Examples of supporting documents to be provided during the application process |
---|---|
An advocate and solicitor of the Supreme Court of Singapore | A Practising Certificate issued by the Supreme Court of Singapore, or documentation confirming admission as an advocate and solicitor of the Supreme Court of Singapore. |
A public accountant registered under the Accountants Act 2004 | Not required, as ACRA will verify the applicant's registration as a public accountant. |
A member of the Institute of Singapore Chartered Accountants (ISCA) who either holds registration as a Chartered Accountant under Part 6B of the Accounting and Corporate Regulatory Authority (ACRA) Act, or has maintained associate membership with ISCA for a minimum period of two years | Certificate of membership with proof of latest membership (e.g., invoice and receipt). |
A member of the Association of International Accountants (Singapore Branch) | Certificate of membership with proof of latest membership (e.g., invoice and receipt). |
A member of the Institute of Company Accountants, Singapore (ICAS) | Certificate of membership with proof of latest membership (e.g., invoice and receipt). |
An associate member or fellow of the Chartered Secretaries Institute of Singapore (CSIS) | Certificate of membership with proof of latest membership (e.g., invoice and receipt). |
A corporate secretarial agent (i.e. a person who is carrying on the business of providing corporate secretarial services for one or more companies and has been doing so for at least 3 years in the preceding 5 years; and has been a secretary of a company for at least 3 years in the preceding 5 years) | (a) If you are the owner, partner, or director of the business providing corporate secretarial services, please provide: (i) The UEN of the business if it is an existing Registered Filing Agent (RFA); or (ii) Evidence of the corporate secretarial services provided, with the scope of service clearly stated, for the relevant period (i.e., 3 years out of the preceding 5 years). Examples of acceptable documentation include letters of engagement or invoices.(b) If you are not the owner, partner, or director of the business providing corporate secretarial services, please provide: (i) One of the following:
(ii) A letter from the owner, partner, or director of the business:
|
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To check the registration status of Corporate Service Providers and Registered Qualified Individuals, you may perform a search for business information in Bizfile.