NOMINEE DIRECTOR SERVICE

SERVICES FOR FOREIGNERS
If you do not have a local Singapore resident director to meet statutory requirements*, you can engage our Nominee Director Service. We will provide you the service of a local Nominee Director, who is ordinarily resident in Singapore, for your company.

The service is offered for statutory compliance* only. The Nominee Director will not be involved in operational, management or financial matters of the company. We may request for further KYC reports on foreign directors (additional fees will be applicable for report purchase) and reserve the right to abstain from providing our Nominee Director Service, if foreign directors do not satisfy KYC requirements. You are also required to execute our Engagement and Indemnity Agreement.

We will require a refundable security deposit and Professional Fees for the provision of the Nominee Director Service. The service can also be terminated upon expiry, upon your request. However, you must appoint a new Singapore resident director to meet the statutory requirement. Security Deposit is refundable upon written termination of service.

For renewal of contractual agreement, we reserve the right to dis-continue Nominee Director Service, if foreign directors do not satisfy on-going KYC requirements or the Company is insolvent.

Services

Our service for Nominee Director Service in Sigapore includes:
• Preparation of application forms; Engagement & indemnity agreements
• Appointment of Nominee Director for Company (during Incorporation)
• Nominee Director will only sign resolutions, where ALL other directors are in agreement and have signed resolutions
• ACRA Business Profile after successful incorporation
*Kind Note:Under the Companies Act, All Companies must have at least one Director who is “ordinarily resident” in Singapore.

Process/Documents Needed

• All directors/shareholders to be personally present for the application process.
• Bring NRIC and/or Passport of all directors/shareholders in Company; with contact numbers & email-addresses;
• Get ready your (a) Company Name; (b) Registered Office Address for your Company (c) Proof of Foreign Address (eg. Utility or Mobile Bill)
• Local Main Contact Person – Contact Numbers, Email-Addresses, Mailing Address (if unable to contact foreign directors)
• Upon receiving payment, we will prepare and file the company incorporation with the Nominee Director on your behalf. Upon successful incorporation, we will inform you, and you can proceed to open your corporate bank account.