Incorporation Service
Nominee Director Services in Singapore
Name of director
To art as nominee director and shall not be involved in the business management, administrative functions and business decision of the company. The nominee director shall not have any access and control of the corporate bank account.
Appointing a nominee director in Singapore is a strategic solution for foreign entities aiming to establish a local presence without being directly involved in the daily management of the company.
A nominee director acts on behalf of another person or entity, ensuring compliance with local regulations while maintaining the necessary local representation.
A nominee director in Singapore is an individual appointed to the board of a company to represent another person or entity, providing a local presence for foreign businesses.
Unlike executive directors, nominee directors do not have executive authority over the company's management or decision-making processes. Their primary role is to comply with statutory requirements and offer local representation for the Singapore company.
Appointing a nominee director in Singapore involves several key steps:
Identifying Suitable Candidates: Choose qualified individuals who can fulfill the nominee director role.
Executing Service Agreements: Formalize the appointment through service agreements detailing the nominee director's responsibilities and limitations.
Gathering Necessary Documents: Collect all required documentation to support the application.
Completing the Application Process: Submit the necessary documents to ACRA (Accounting and Corporate Regulatory Authority) to finalize the appointment.
Professional assistance is essential to navigate this process efficiently and ensure compliance with Singapore's regulatory framework, mitigating potential risks.
ComprehensiveNominee Director in Singapore Service
Our nominee director services provide a comprehensive solution for maintaining compliance and ensuring local representation.
This package includes:
Nominee Director Appointment: The appointed nominee director will not be involved in the business management, administrative functions, or business decisions of the company.
Restricted Access: The nominee director will not have any access or control over the corporate bank account.
WKS Wise Solutions Pte. Ltd. is dedicated to providing professional nominee director services in Singapore. For more information or to engage our services, please contact us.
By choosing our Nominee Director in Singapore, you ensure that your company meets local statutory requirements while maintaining a credible and compliant business presence in Singapore.