Reliable Nominee Director Services in Singapore

Sleek will appoint and provide a Nominee Director for foreigners incorporating a business in Singapore.

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Who is a Nominee Director and why do you need one?

Why do I need one

Foreigners registering a Singapore company must have a local resident director.

The local resident director is known as the ‘Nominee Director’.

Who is a Nominee Director

The Nominee Director holds legal and regulatory responsibilities without operational involvement.

What it does

The Nominee Director holds legal and regulatory responsibilities without operational involvement.

What Sleek can do

Sleek provides dependable Nominee Director Services for businesses incorporating through our platform.

Pricing plans for every company size

Nominee director

All companies incorporated in Singapore must have at least one local director. If none of your directors are local, you will need a nominee director. This non-executive role is solely for compliance purposes.

SG$2,000/year

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Nominee director services are offered as a part of Sleek’s incorporation Plans
Non-executive local resident director provided to satisfy ACRA's requirements
Nominee Director holds legal and regulatory responsibilities without operational involvement
3 and 6 month terms also available for temporary nominee directors

Requirements:

Clients requiring a nominee director in Singapore are also required to sign up for accounting services (S$900) to mitigate risk, and maintain accurate financial oversight
If your company is already incorporated and you are new to Sleek, you will need to sign up to Sleek’s corporate secretary services (from S$300/year for 1 shareholder).

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Our Customer Love is real

Amiya Patanaik
CEO & Co-Founder, Neurobit

“I recommend Sleek to almost all my entrepreneur friends. Whoever is starting a new company, I would say just go for it, one less thing to worry about.”

Navneet Kaur
Founder & CEO, Yours

“My company admin all managed in one place and I have one point of contact to make it super easy for me to manage it”

Shivam Mani Tripathi
Co-founder & CTO, Privyr

“I would highly recommend Sleek to any person starting a company, if they do not want to spend a lot of time on registering their company.”

Frequently Asked Questions

Who needs a Nominee director in Singapore?

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 common activities that a Nominee Director typically will not perform?

Typically a Nominee Director will not perform any of the following:

Sign any document which would impose personal liability on them
Sign tenancy agreements
Sign employment contracts
Sign letters of undertaking
Provide authentication of documents
Act as sole signatory when opening bank account
Undertake no financial responsibility/liability if assistance is provided with opening a bank account
Undertake no financial responsibility/liability if assistance is provided with opening other online accounts for payment services
Carry out an unlawful request.

For how long do you need a Nominee Director?

While you have the flexibility to appoint multiple directors, it is mandatory to have at least one resident director. To meet this legal requirement, consider hiring a Nominee Director. Initially, you can begin with two directors, including yourself and the Nominee. The Nominee Director serves a temporary role until you obtain an Employment Pass, typically within approximately 6 months. Subsequently, you can continue as the sole director of the company.

What are the risks a Nominee Director would face?

Engaging a Nominee Director is legally permitted under Part IXA of Singapore’s Companies Act, ensuring compliance. It’s important to note that a Nominee Director is strictly prohibited from interfering in your company’s decision-making process. While their authority is constrained, their liability remains intact, making them liable for any legal violations committed by the company.

Oswyn,
Sleek Advisor

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