Register of Registrable Controllers (RORC)
Register of Registrable Controllers (RORC) is a corporate document containing information on the entities’ controllers, also known as beneficial owners.
According to ACRA, all companies (including foreign companies) and LLP are required to maintain a RORC in the registered office address, unless they are exempted to do so. Failure to do so may result in a penalty of a fine of up to $5000 upon conviction.
Controllers’ information in the RORC include:
For individuals
- full name;
- aliases, if any;
- date of birth
- residential address;
- identity card number or passport number;
- nationality;
- date of becoming a controller; and
- date of cessation as a controller, if applicable.
For corporate entities
- company name;
- unique entity number, if any;
- registered office address;
- the legal form of the corporate controller;
- the jurisdiction where the corporate controller is formed of incorporated and under which law;
- name of authority in which the corporate controller is formed or incorporated, if applicable;
- identification number or registration number issued to the corporate controller when it was formed or incorporated, if applicable;
- date of becoming a controller; and
- date of cessation as a controller, if applicable.
Should there be any changes, updates to the RORC must be made:
- within 2 business days upon confirmation of the particulars; or
- within 2 business days after the end of 30 days upon the date on which the notice is sent to the registrable controller by the company.
