- Osome SG
- Nominee Director
Nominee Director services in Singapore
Effortlessly meet Singapore’s regulatory requirements by appointing a Nominee Director. Choose Osome as your reliable partner in navigating Singapore's regulatory landscape.
- Registered filing agent FA20170653
- Our accountants are certified by ISCA
- Employment Agency License No. 22S1231
- Pioneers of Cloud Community Network
A reliable Nominee Director to navigate local compliance
Why does your company need a Nominee Director?
Every company needs to have a resident director according to Singapore law. This is particularly important for foreigners who are waiting for the approval of their Employment Pass — once this is obtained, directors can become sole directors of their Singapore company.
A Nominee Director's role for Singapore businesses
To fulfil the legal obligation of having a resident director, Singapore companies can choose to engage a Nominee Director. This individual will assume legal responsibilities without active involvement in the day-to-day operations of the business.
The process of appointing a Nominee Director
Choosing a reliable professional services provider is crucial when appointing a Nominee Director. This is important for those waiting for Employment Pass approval and for compliance with regulations.
Osome has various packages available for newly incorporated companies or existing ones looking to maintain their compliance in Singapore. We can assist depending on your needs and have quarterly, 6-month, and yearly services available.
Seamlessly maintain a good standing with the local authorities
Effortless compliance
The Singapore government requires that every company's board must include at least one resident director. This individual may be a Nominee Director, who will ensure compliance requirements are met.
One-stop solution
Our packages include a Nominee Director, Corporate Secretary, and Accounting services, all in one app. Say goodbye to managing these services from multiple different providers.
No deposit, no fees
Asking for a deposit when hiring a Nominee Director has been the industry standard in Singapore. We decided to get rid of it. With Osome, you only pay for the service itself.
Plans to fit your business
Basics
All the essentials to start a business in Singapore for those who already have their own accountant.
fromS$ 2,450+$1,304 for Nominee Director compliance review, upgrade to Unlimited Corporate Secretary and Unaudited Financial Statements- Incorporation
- Registration preparation and filing, including S$350 government fees
- Company constitution
- All post-incorporation documents (share certificates, registers, minutes book)
- ACRA name checking
- Government required services
- Nominee Director for 1 year
- No deposit required
- Registered address for 1 year
- Essential Corporate Secretary
- Expert support via in-app chat
- Preparation and filing of Annual Return, including S$60 government fee
- Annual General Meeting (AGM) preparation
- Business bank account
- Assist in connecting with our banking partners
Fully compliant
An all-inclusive compliance package for business owners seeking a hassle-free, Singapore-based incorporation service.
S$ 3,326S$ 3,050- Incorporation
- Registration preparation and filing, including S$350 government fees
- Company constitution
- All post-incorporation documents (share certificates, registers, minutes book)
- ACRA name checking
- Government required services
- Nominee Director for 1 year
- No deposit required
- Registered address for 1 year
- Unlimited Corporate Secretary
- Expert support via in-app chat
- Preparation and filing of Annual Return, including S$60 government fee
- Annual General Meeting (AGM) preparation
- Appointments and resignations of directors, officers, or auditors
- Unlimited changes in company name, address and business activity
- Shares management of up to 50 Shareholders
- Business bank account
- Assist in connecting with our banking partners
- Accounting & Tax
- Annual Management reports
- In-app chat
- Payroll and dividends tax advice
- Dedicated accounting team
- Unaudited Financial Statements (UFS)
- Annual tax return filling
- Bookkeeping
- Unlimited bookkeeping
- Automatic reconciliation
- Financial software
- Create, send, and chase invoices
- Capture bills and receipts easily
- Expense Management
- Real-time financial reports (Profit & Loss, Balance sheet, Accounts Payables, Accounts Receivables)
- Use multiple currencies
Fully compliant + Visa
For entrepreneurs looking to become established in Singapore. Includes full compliance and visa application.
S$ 3,526S$ 3,250- Incorporation
- Registration preparation and filing, including S$350 government fees
- Company constitution
- All post-incorporation documents (share certificates, registers, minutes book)
- ACRA name checking
- Government required services
- Nominee Director for 6 months
- No deposit required
- Registered address for 1 year
- Unlimited Corporate Secretary
- Expert support via in-app chat
- Preparation and filing of Annual Return, including S$60 government fee
- Annual General Meeting (AGM) preparation
- Appointments and resignations of directors, officers, or auditors
- Unlimited changes in company name, address and business activity
- Shares management of up to 50 Shareholders
- Business bank account
- Assist in connecting with our banking partners
- Accounting & Tax
- Annual Management reports
- In-app chat
- Payroll and dividends tax advice
- Dedicated accounting team
- Unaudited Financial Statements (UFS)
- Annual tax return filling
- Bookkeeping
- Unlimited bookkeeping
- Automatic reconciliation
- Financial software
- Create, send, and chase invoices
- Capture bills and receipts easily
- Expense Management
- Real-time financial reports (Profit & Loss, Balance sheet, Accounts Payables, Accounts Receivables)
- Use multiple currencies
- Immigration services
- Employment visa consultation
- Employment Pass application
Add-ons you might need
CorpPass Registration
S$ 100
Use your CorpPass to report to and interact with the IRAS (Inland Revenue Authority of Singapore), ACRA (Accounting and Corporate Regulatory Authority), and Singapore customs.
Letter of Consent (LOC)
S$ 400
A Letter of Consent allows business owners living in another country to work in Singapore. We complete and submit your LOC application to increase your chances of being approved straight away.
Employment Pass (EP)
S$ 950
This type of work visa is for foreign-based professionals looking to work and live in Singapore. We'll gather all of the information you need and manage each stage of the process with the Ministry of Manpower (MOM) for you.
Dependant’s Pass (DP)
S$ 550
A Dependent's Pass is a Singapore visa for an Employment Pass holder's spouse or children (under 21). A DP holder can live and work in Singapore.
EP or DP renewal
S$ 550
Your renewal application must reach MOM at least two months before the Pass expires. We renew your Employment Pass or Dependent Pass so you can continue using your Singapore visa without interruptions to your business operations.
What our clients think about Osome services
91 %of customers recommend Osome services
FAQ
Do I need a Nominee Director?
Yes, it is mandatory to have at least one resident Director at any point of time and this role can be fulfilled by a Nominee Director. Upon obtaining Employment Pass approval and completing all formalities, you have the option to serve as the sole resident Director and the Nominee Director can resign. This flexibility ensures compliance with regulatory requirements while facilitating a seamless transition for foreigners who are interested in an Employment Pass.
How long do I need a Nominee Director for?
Initially, a Nominee Director may be appointed to meet statutory requirements, especially if all directors are foreign residents without the necessary work passes. Once the company is operational and has local resident directors who meet the residency criteria, the Nominee Director can be removed.
Why do I need a resident director in the first place?
A resident director in Singapore is required to ensure compliance with local laws, facilitate accessibility for official matters, and maintain accountability. They play a vital role in representing the company locally, always staying abreast of the business environment, and keeping operations running smoothly. This requirement is mandated by the Companies Act to uphold corporate integrity and government oversight within the country.
What are the risks a Nominee Director would face?
A Nominee Director is essential for overseeing the Company's adherence to regulatory and legal standards, despite limited operational authority. While their powers are constrained in day-to-day management, their accountability is comprehensive. In the event of breach of law, Nominee Directors can face prosecution. This underscores their pivotal role in ensuring the Company's compliance with all legal and regulatory obligations.
What is the fee for hiring a Nominee Director in Singapore?
Our Nominee Director service comes with the Company Secretary in a package. The Secretary ensures that your company meets the required standards by ensuring compliance. This package eliminates the need for additional insurances such as a deposit and allows you to keep your costs down. You only have to pay for the service itself with Osome.
Fresh insights from our business blog
Fiscal Year: What Is It and Why Does It Matter?
In Singapore, companies have the flexibility to select their fiscal year-end based on their business needs. It can align with the calendar year, financial quarter-ends, incorporation anniversary, seasonal cycles, or business cycles. Find out more in this article written by Osome experts.
How a Revenue-Based Accounting Plan Can Help You Grow
A revenue-based accounting plan offers businesses in their first year of business a flexible approach to financial management and an opportunity to grow their revenues. Learn more about how this strategy can benefit your business.
Financial Forecasting: A Guide for New Business Owners
Discover the full potential of your Singapore startup through financial forecasting. Gain reliable insights for success and attract investors confidently with Osome's empowering tools. Read our blog today!
Get expert tips and business insights
By clicking, you agree to our Terms & Conditions, Privacy and Data Protection PolicyWe’re using cookies! What does it mean?