If the payments for the director are based on a contract of service, then the directors would be considered as employees and they would be engaged under a contract of service.

However, if the directors’ fees were voted and approved by the shareholders at a general meeting, then these payments would not be subject to CPF contributions. The directors’ fees can be voted and approved at either an extraordinary general meeting or the annual general meeting of the company.


If you are looking to outsource your payroll management and other related CPF matters, do contact us at [email protected].


When in doubt, seek legal advice or consult an experienced ACRA Filing Agent.


Yours Sincerely,
The editorial team at Singapore Secretary Services

For more useful articles and videos, visit the Singapore Secretary Services resource page.


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