Each Singapore company must appoint one Singapore resident director.
If you are a foreign business professional or a foreign entity that does not have a local director, you can utilize our Nominee Local Director service to satisfy this statutory requirement. The service can be provided on a short-term or annual basis as below:
If you are not relocating to Singapore, you will need our nominee director service on an annual basis. If you are applying for an employment pass, you will need our nominee director service temporarily. Once your employment pass is approved, you will be able to take over as the local resident director.
Please note that in Singapore, a Nominee Director has the same responsibilities as any other director. Therefore providing a nominee director for your company imposes certain responsibilities on you as well as us, and we would like to highlight the terms of our nominee director service below.
Nominee Director's Role and Scope at Glance
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Who acts as the executive director(s) of the company, i.e. who runs the company? |
Client |
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Who acts as the bank signatory? |
Client |
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Who signs the contractual and financial documents of the company? |
Client |
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Who acts as the shareholder of the company? |
Client |
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Is the nominee director involved in any matters of the company except to satisfy the statutory local director requirement? |
No |
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Can the nominee director review and scrutinize the bank and financial statements of the company? |
Yes, to fulfill his/her fiduciary duties |
