Who is called Director?

Who is Director?

Is it mandatory to appoint a Director for Singapore companies with ACRA?

Is Director required to be appointed for companies in Singapore with ACRA?

A director is the person in charge of managing the affairs of the company. He must make decisions objectively and in the best interests of the company. Every company must have at least 1 director who is locally resident in Singapore.

Here are the basic requirements for a company director. He/she must be:

• At least 18 years old;
• Of full legal capacity;
• A Singapore Citizen, Singapore Permanent Resident or EntrePass holder.
• A director may also be an Employment Pass (EP) holder. However, a EP holder wishing to become the director of another company must first get a Letter of Consent (LOC) from the Ministry of Manpower (MOM).
• Cannot be disqualified from acting as a director of a company e.g. an undischarged bankrupt.