Nominee Director in Singapore

A foreigner can’t run a business in Singapore if his company has no resident directors. Hiring a local nominee solves the problem. Once you’ve hired one, you can become a director yourself or appoint another executive from abroad.

We provide Nominee director services in Singapore for both brand-new companies and existing ones.

Nominee Director in Singapore
Nominee Director in Singapore
Who Is Nominee Director?
Who Is Nominee Director?

Who is Nominee Director?

A local person who puts his name on your papers and shares legal liability.

At least one of your directors has to be a Singapore resident. Hire a Nominee — it’s a common and legal practice.

How can you get a Nominee Director for your company in Singapore?

How can you get a Nominee Director for your company in Singapore?

Your corporate service provider will also offer a Nominee director service. Osome has various packages that include Nominee Director services for a newly incorporated company or existing one.

What is cash flow?

Are there risks?

Hiring a nominee is legal according to Part IXA of Singapore’s Companies Act. So you won’t break any laws.

A nominee director is banned from interfering with your decisions. He doesn’t come to the office, isn’t present at negotiations and has no say during internal meetings. The real directors run the company while the nominee is only there to comply with the law.

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Why we offer Nominee Services in packages

A Nominee Director in Singapore can not make any business decisions. But, if there’s any wrongdoing, for example, the reports are late or incorrect, he shares responsibility. That’s why you have to get an Accounting package with this service.

Switching your Secretary

Does your company need a Nominee Director?

The answer is yes. A local director, meaning someone who is a resident of Singapore (either a Singapore citizen or Permanent Resident) would need to be appointed before you submit your application to register your company. However, as a foreigner, you can appoint someone to be a director and this would be your nominee director in Singapore.

Why is a nominee director needed? If you’re a foreigner wanting to form a company in Singapore, you would most likely not be around all the time. The Singapore government needs a contact person and someone to be held responsible in case the company is found to be acting irresponsible, for example, not paying taxes, violating corporate laws, etc. Without the rule of having a Nominee Director in place, it would be easy for foreign company owners to take off and leave the company. Hence, the Nominee Directors would have to take the necessary measures to make sure their company is compliant.

Nominee directors have to carry out the same duties as regular directors. These include responsibilities like making sure that regulatory filings are submitted on time, ensuring that accounting records and annual accounts are kept up to date.

No deposits, no hidden costs

We don’t charge a deposit for the Nominee director service. Government fees for incorporation and name-checking are included. You always pay what you see. Our prices are fixed in Singapore Dollars. We use MAS rates to convert them to US Dollars and Euros. The exact price you pay in $ and € depends on the rate and fees your bank applies.

I don't want to move now

Incorporation

Includes full service for 1 year:

  • Unlimited Company Secretary
  • Nominee Director
  • Registered address
  • Company registration

S$2,550

Bank account opening assistance

FREE

Accounting

A must-have with the Nominee director service. Covers 1 year of bookkeeping, accounting, and tax

  • Review by Chartered Accountant
  • Annual management reports
  • Covers monthly revenue under S$5k

Need more? We can upgrade you to a plan that fits your business

S$800

I want to move to Singapore

Incorporation + Permit

Includes full service for 1 year:

  • Unlimited Company Secretary
  • Nominee Director for 6 months
  • Registered address
  • Company registration
  • Employment Pass

S$2,650

Bank account opening assistance

FREE

Accounting

A must-have with the Nominee director service. Covers 1 year of bookkeeping, accounting, and tax

  • Refund of the unused government fee in case of rejection
  • Review by Chartered Accountant
  • Annual management reports
  • Covers monthly revenue under S$5k

Need more? We can upgrade you to a plan that fits your business

S$800

Need more?

Additional services you may need

What you get choosing Osome Nominee Director Services in Singaporee

  1. Your company is compliant

    Your company is compliant

    The Singapore government requires that one resident director should always sit on the board of a company. That’s when a Nominee Director comes into play.

  2. One-stop solution

    One‑stop solution

    Our packages include Nominee director, Corporate Secretary, and Accounting services, all in one app. You don’t have to harmonise services from different agencies.

  3. No deposit, no fees

    No deposit, no fees

    Taking 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.

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Here’s what our customers say

Osome is reasonably priced and very convenient. I ended up signing my documents while I was on the metro!

Randeep Sudan

Randeep Sudan Multivertz Pte. Ltd.

Everything was so seamless, it even looked like a fraud 😀 I didn’t have to go anywhere, I just use the web and mobile app to sign the docs.

Ivan Zeljkovic

Ivan Zeljkovic Evans Media Pte. Ltd.

I’m actually surprised they kept all their promises! I found Osome on Friday and on Monday morning everything was ready.

John Lim

John Lim Artac Pte. Ltd.

Many accountants I reached out to either never responded or charged extortionate amounts of money. I joined Osome and I'm incredibly happy I did.

Pawel Wargan

Pawel Wargan freelancer

They use the Osome app to gently nudge me to send in paperwork, and they provide me with regular updates and reminders regarding finances and filing deadlines.

Dave Wallace

Dave Wallace DW4DAYS Pte. Ltd.

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access reports on the go on our app

Chat with your Accountant and <br>access reports on the go on our app

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Q&A

  • Do I need a resident director (Nominee Director)?

    Your company can have as many directors as you want, but at least one needs to be local. If you do not have someone who can play the role, hire a nominee director. For example, there can be two directors: you and the nominee. If you apply for Employment Pass from your new company, you only need the nominee service while you wait for it (about 6 months). After that, you can be the only director.

  • What are the responsibilities of a Nominee Director?

    A nominee is a Singapore resident who holds the director’s position in your company but doesn’t get involved with your business. His responsibilities are to abide by the law and to always act in the best interest of your company.

  • For how long do I need a resident director (Nominee Director)?

    You can appoint as many directors as you need, but at least one of them has to be a resident. To comply with this law, hire a Nominee. There could be just two directors to start with, you and the Nominee.

    You only need this officer for the time it takes to get an Employment Pass for yourself, which is usually about 6 months. After that, you can be the only director.

  • Why do I need a resident director in the first place?

    According to the Companies Act, your Singaporean company can have as many directors as you want but at least one needs to be local. If you do not have any eligible candidates in mind, hire a nominee director. Thus, you won’t have to look for a local you could entrust with actually running your company. You can become a real director yourself or hire another executive from abroad.

  • What is the Nominee Director Role in Singapore?

    When someone wants to register a company in Singapore, they need a director who is a resident of Singapore, as per regulation by Singapore’s Companies Act.
    For foreigners who want to incorporate a company in Singapore but do not have any local person to be the resident director, they can hire someone to take up the role of the Nominee Director for a fee. The Nominee Director fulfils the legal and regulatory obligations of the company and does not play an active role in the company’s operations.

  • What are the risks a Nominee Director would face?

    It is legal to hire a Nominee Director according to Part IXA of Singapore’s Companies Act, so you won’t be breaking any law. You must know that a Nominee Director is forbidden from interfering with your company’s decisions. Although their powers are limited, his liability isn’t – for his company’s breaches of the law, he can be prosecuted.

  • What is the fee for hiring a Nominee Director in Singapore?

    Our Nominee Director 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 down your costs. You only have to pay for the service itself with Osome.

  • Who can be a Director according to the Companies Act?

    According to the Companies Act every company in Singapore needs at least one director who is responsible for managing the affairs of the company and giving it direction. This person must be a resident of Singapore, that is either a Singapore Citizen, Permanent Resident, or a foreigner on an Employment Pass or EntrePass holder.

  • Once again, who is a Nominee Director?

    A nominee formally holds a director’s position, without any actual decision-making powers. Nominee’s only obligations are to act in the interests of the company and in compliance with the law. To achieve that, a company has him sign a special agreement called a Deed of Indemnity.

  • What is an Employment Pass?

    It’s a type of working visa issued per specific company so it can invite foreign professionals, managers, executives, and technicians. It allows its holder to work exclusively for that company, live and bring your family to Singapore. It’s valid for 1 or 2 years and can be renewed afterward.

  • Why do I need a Nominee for 6 months only if I apply for Employment Pass?

    Employment Pass is issued when there’s a company up and running that wants to hire you. Foreigners set up companies and hire themselves, getting the right to live and work in Singapore. With an EP, you are considered local enough to become the sole director yourself. Thus, you only need the nominee service while you wait for the EP (i. e. for about 6 months). After that, you can be the only director.

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