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.
Got questions? Chat with our local experts
Choose a convenient time to chat with our experts and get the answers you need to take the next step.
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
Fully compliant
An all-inclusive compliance package for business owners seeking a hassle-free, Singapore-based incorporation service
S$ 3,966S$ 3,690Get this plan- Incorporation
- Registration preparation and filing, including S$315 government fees
- Company constitution
- All post-incorporation documents (share certificates, registers, minutes book)
- ACRA name checking
- ACRA business profile set-up
- Government required services
- Nominee Director for 1 year
- No deposit required
- Registered address for 1 year
- Business bank account
- Assistance in connecting with our banking partners
- Unlimited corporate secretary
- Expert support via in-app chat
- Preparation and filing of Annual Return, including S$60 government fee
- Holding of Annual General Meeting (AGM)
- Appointments and resignations of directors, officers, or auditors
- Unlimited changes in company name, address and business activity
- Shares management of up to 50 shareholders
- Accounting and tax
- Filing and bookkeeping support via in-app chat
- Support SLA 6 business hours
- Annual management reports reviewed by accountant
- Estimated Chargeable Income (ECI) filing
- Unaudited Financial Statements preparation
- Annual tax return filing (C-S/C)
- Bookkeeping
- Unlimited bookkeeping
- Automatic reconciliation
- Financial software
- Create, send, and chase invoices
- Capture bills and receipts easily
- Reimburse expenses
- Connect your banks
- Use multiple currencies
- Get real-time ecommerce sales reports
- Connect one marketplace
Fully compliant + Visa
For entrepreneurs looking to become established in Singapore, including full compliance and visa application
S$ 4,016S$ 3,740Get this plan- Incorporation
- Registration preparation and filing, including S$315 government fees
- Company constitution
- All post-incorporation documents (share certificates, registers, minutes book)
- ACRA name checking
- ACRA business profile set-up
- Government required services
- Nominee Director for 6 months
- No deposit required
- Registered address for 1 year
- Business bank account
- Assistance in connecting with our banking partners
- Unlimited corporate secretary
- Expert support via in-app chat
- Preparation and filing of Annual Return, including S$60 government fee
- Holding of Annual General Meeting (AGM)
- Appointments and resignations of directors, officers, or auditors
- Unlimited changes in company name, address and business activity
- Shares management of up to 50 shareholders
- Accounting and tax
- Filing and bookkeeping support via in-app chat
- Support SLA 6 business hours
- Annual management reports reviewed by accountant
- Estimated Chargeable Income (ECI) filing
- Unaudited Financial Statements preparation
- Annual tax return filing (C-S/C)
- Bookkeeping
- Unlimited bookkeeping
- Automatic reconciliation
- Financial software
- Create, send, and chase invoices
- Capture bills and receipts easily
- Reimburse expenses
- Connect your banks
- Use multiple currencies
- Get real-time ecommerce sales reports
- Connect one marketplace
- Immigration services
- Employment visa consultation
- Employment Pass application
Add-ons you might need
CorpPass Registration
S$ 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.
What our clients think about Osome services
“I use Osome to help me succeed”
91 %of customers recommend Osome services
“I have engaged Osome since the incorporation of my company. They provide quality support for both secretarial and accounting services.”
Raavee Shanker
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.
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