FAQs

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.

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.

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.

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.