What is a Nominee Director?
Under the Singapore Companies Act, all companies incorporated in Singapore are required by law to have at least one natural person who is a resident of Singapore serving as a local director.
Who Qualifies as a Singapore Resident?
A resident director must be a natural person living in Singapore and can hold one of the following statuses:
Singapore Citizen
Citizens residing in Singapore with a valid registered residential address.
Permanent Resident
Singapore Permanent Residents (PR) with an active residential address.
Pass Holder
Employment Pass, EntrePass, or Dependant Pass holders residing in Singapore.
Our Nominee Director Service
If you do not currently have a local resident director, you can engage our Nominee Director Service to fulfill statutory obligations effortlessly.
Service Conditions & Terms:
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Statutory Compliance Only: The Nominee Director will not be involved in any day-to-day management, financial decisions, or operational matters of your company.
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Operational Directors Required: You must appoint one or more individuals (typically shareholders) to act as executive directors responsible for running the company.
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KYC Verification: Satisfy our initial and ongoing Know Your Customer (KYC) compliance and due diligence requirements.
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Indemnity Agreement: Formally execute our Nominee Director Indemnity Agreement.
Deposit & Termination Flexibility: A refundable security deposit is required for the provision of this service. The service can be terminated at any time at your convenience, provided a replacement Singapore resident director is appointed to remain compliant.