Nominee Director Appointment Services in Singapore
To register a company in Singapore, having a local director is mandatory. We provide professional nominee director services tailored to help foreign entrepreneurs fulfil this legal requirement effortlessly. With our support, you can ensure compliance while maintaining full control over your business operations.
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Our Clients
Why Your Company Needs a Nominee Director in Singapore
The Role and Benefits of a Nominee Director for Singapore Companies
Why Choose IMC for Nominee Director Services in Singapore?
A Quick Glimpse at the Nominee Director Role
| Who is in charge of the management and day-to-day operations of the company? | Client |
| Who is designated as the bank signatory? | Client |
| Does the Nominee Director have to comply with the legal requirements placed on directors by the Companies Act? | Yes |
| Is this service only available for legislative compliance? | Yes |
| Who represents the shareholders of the company? | Client |
| Does the Nominee Director have a fiduciary obligation to the Company? | Yes |
The following conditions apply to the offering of our Resident Nominee Director Service in consideration of the fiduciary obligations held by a director:
- Only statutory compliance is the purpose for which the service is provided. The Nominee Director will not be involved in any day-to-day managerial, financial, or operational issues of the Company. This means that the Nominee Director will not sign any personal guarantees in connection with the Company’s debts and won’t sign any documents on the Company’s behalf
- At any moment, you have the right to stop using our services and appoint a new Nominee Director in their place if necessary. Once the modification has been registered with the company registrar, we will return the security deposit
- You must nominate one or more executive directors who will be in charge of managing the business, one or more of whom may be foreigners, including you
- For the provision of our nominee director service, you will also need to submit a refundable security deposit in addition to our nominee director fee. To protect the nominee director’s interests, a security deposit is required, which is refundable on the termination of Nominee Director services
- While utilising our services, you are always liable for ensuring the Company is financially stable and complies with all regulations. To make sure your business complies with all compliance regulations, please see our additional services offered
FAQs
A Nominee Director is a local resident appointed to meet Singapore’s legal requirement of having at least one resident director. They usually hold no executive power and act based on the terms of a formal agreement
Singapore law requires every company to have at least one local resident director. A Nominee Director helps meet this requirement, especially useful for foreigners awaiting Employment Pass approval.
Yes, a resident Director is required at all times, and a Nominee Director can fulfill this role. Once your Employment Pass is approved and formalities are done, you may take over as the local Director and the Nominee can step down.
A Nominee Director is needed until a local director with valid residency or work pass is appointed. Once that’s in place, the Nominee Director can be withdrawn.
Until your Employment Pass is approved, a local director is legally required to meet ACRA’s compliance. Once your EP is granted, you can take over the directorship, and the nominee service can be withdrawn.
A nominee director is needed if your company lacks a locally resident director. You can appoint one temporarily, especially while waiting for an Employment Pass approval.
A Nominee Director helps meet the legal requirement of having a local resident director. They usually serve in a non-executive role, with no involvement in day-to-day decisions.
Yes, all directors, including nominees, are listed with ACRA and visible in company records.
You must appoint another local resident director immediately to stay compliant with the law.
You engage a service provider, sign a Nominee Director Agreement, and submit their details to ACRA during incorporation. The appointment is made official once updated in the company’s statutory records.
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