A Singapore Private Limited Company must have at least one ordinary Singapore resident. This is mandatory according to the Singapore Companies Act (Cap 50).
ACHI BIZ can provide the assistance for appointing a Nominee Director in Singapore to meet this requirement.
Any Company in Singapore must appoint a minimum of 1 director who is an ordinary resident of Singapore. ACHI BIZ’s services will assist you to comply this statutory requirement as we can appoint a Nominee Resident Director even on a short-term basis or as per your necessity.
Under the Singapore Companies Act and common law, the Nominee Resident Director (NRD) is similar to the regular Director and has the same duties and responsibilities. Majority powers in the Company lie with the Board of Directors, who control the affairs of the business and are answerable to the shareholders.
For foreign entrepreneurs setting up a Singapore company, appointing a Nominee Director (ND) can provide a practical way to meet the requirement for at least one director who is ordinarily resident in Singapore.
A professionally arranged nominee director service can help overseas business owners establish and maintain their Singapore company while they manage business operations from abroad. It may also provide continuity when the company does not yet have a suitable local resident director.
However, a nominee director is not merely a name on the company record. An ND remains a director and is subject to the legal duties and responsibilities applicable to directors in Singapore. Proper due diligence, documentation, clearly defined arrangements and ongoing compliance are therefore essential.
When used for a legitimate purpose and properly structured, a nominee director arrangement can support Singapore company incorporation, regulatory compliance and international business expansion.
Click here to learn about Benefits of Nominee Director in Singapore
A Nominee Director (ND) can help a company meet Singapore’s resident director requirement, but the arrangement also comes with important risks and limitations.
A nominee director is legally a company director—not simply a name used for incorporation. This means the ND carries statutory and fiduciary responsibilities and may require proper access to company information and ongoing compliance matters.
For business owners, an ND arrangement can also mean additional costs, due diligence, documentation and dependence on a third party. Poorly structured arrangements may lead to disagreements, delays in corporate matters or difficulties when the company’s circumstances change.
For long-term business planning, relying indefinitely on a nominee director may not always be ideal. The arrangement should have a legitimate purpose, clear terms and proper safeguards, and should be reviewed as the business grows.
Click here to learn about Disadvantages of Nominee Director in Singapore
Under the Singapore Companies Act and common law, the Nominee Resident Director (NRD) is similar to the regular Director and has the same duties and responsibilities. Majority powers in the Company lie with the Board of Directors, who control the affairs of the business and are answerable to the shareholders.
In addition to their fiduciary duty to the Company Directors stand responsible for the Director’s/shareholders’ meetings, annual accounts, accounting records, statutory account books and filings.
Because of these obligations, we provide the Nominee Resident Director service based on the following conditions:
