A Singapore Private Limited Company requires at least one individual Director, who has to be an ordinary resident of Singapore, i.e. one of the following: – Singapore citizen OR – Singapore permanent resident OR – Singapore employment/dependent pass holder.
Our representative may act as your company’s local Director, should you have difficulties appointing a Director of your own.
* In addition to this, we will also collect a refundable security deposit of USD2,000 and a suitable indemnity is given by the company to protect our nominee directors.
A Private Limited Company must have at least one Shareholder, be it an individual or a corporation. One of our officers may act as a nominee on behalf of the beneficial owner and a suitable Declaration of Trust may be prepared upon request.
The Companies Act requires a foreign company to appoint 2 local agents in Singapore to act on behalf of the company. The agents must be ordinarily resident in Singapore. Our representative may act as your company’s local agent(s), should you have difficulties appointing an agent or agents of your own.