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Singapore Nominee Director

The Singapore Companies Act requires all Singapore Private Limited companies to have at least one individual director who has to be an ordinary resident of Singapore i.e. being one of the following: -

  • Singapore Citizen
  • Singapore Permanent Resident
  • Singapore Employment Pass/ EntrePass/Dependant Pass holder.

The responsibilities of a Singapore company director are quite onerous hence we require you to:

  • Execute our nominee director indemnity letter  
  • In addition to our nominee director professional service fee of S$300.00 per month, we require a S$3000.00 refundable security deposit for the provision of this service.

Remember: The security deposit should not be confused with our Service Fee they are separate. It's your money that is temporarily in our custody for the duration of us acting as your nominee director.
We will refund the security deposit back to you immediately upon termination of our nominee director service by you providing us with the details of an alternate local director. We will do the necessary paperwork, lodge the change with authorities and promptly refund the security deposit to you. 

FAQ - Singapore Nominee Director Service

What are your terms for providing a nominee director service?

Following responsibilities of a Singapore company director must be fulfill:

  • We would need to be satisfied with the credibility of company beneficiaries and may require additional information on a case-by-case basis.
  • Execute our nominee director indemnity letter  
  • In addition to our nominee director professional service fee of S$300.00 per month, we require a S$3000.00 refundable security deposit for the provision of this service

If any illegal actions are performed by the client, GNV Consultancy reserves the right to cancel the fiduciary relationships and cease all administrative work.

Is a resident director required for registration of a Singapore company?

The Singapore Companies Act requires all Singapore Private Limited companies to have at least one individual director who has to be an ordinary resident of Singapore i.e. being one of the following: -

  • Singapore Citizen
  • Singapore Permanent Resident
  • Singapore Employment Pass/ EntrePass/Dependant Pass holder.

What is the role of the nominee director in our company?

Our nominee director will not have any role in the company except to satisfy the statutory requirements of a local resident director for your Singapore Company. The Nominee is a director of a company in name only and has no other powers or responsibilities. We also provide the client with a nominee director agreement which defines the limitations of our role as nominee.

Why do you need a security deposit? When will we get it back? Can I terminate your nominee director service anytime?

The responsibilities of directors are quite onerous for all directors including the nominee director. Our nominee director service is provided by our reputable and trustworthy professionals and to safeguard interests of the nominee director, we require that a security deposit be kept with us for as long as our nominee director service is active.  We will refund the security deposit back to you within 2 working days after you no longer need our nominee director service.
Yes, you can terminate our nominee director service anytime by providing us with the details of an alternate local director. We will do the necessary paperwork, lodge the change with authorities and promptly refund the security deposit back to you.

Singapore Nominee Share Holder

The Singapore Companies Act requires all Singapore Private Limited companies to have at least one shareholder be it an individual or a corporation. It is not necessary for the shareholder to be a Singapore Resident.
Upon incorporating your Singapore or offshore company, you can either act as a shareholder yourself or we can provide you with a nominee shareholder with a view to securing your corporate privacy. Some clients do not wish to be identified as shareholders of the companies that they have set up because they want to hide themselves therefore wish to appoint nominee shareholders. These nominee shareholders will hold the shares on trust for the beneficial owners and only they will be identified on the register of shareholders.


Nominee shareholder appointed will written declaration of trust to the beneficial owner that they are holding the shares on behalf of the beneficial owner and will return the shares into the name of the beneficial owner or will transfer them to another party as requested.  With our service the nominee is not the legal owner of the shares, and the underlying investors have the "beneficial interest" in the shares: i.e. they are entitled to all income and capital gains on them.

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