What is a Nominee Director? What are the director’s roles/responsibilities?

What is a Nominee Director in a Singapore Company? Is it compulsory to have a Nominee Director?

The Singapore Companies Act requires every Private Limited company to have at least one director who is a resident of Singapore. However, if you do not know anyone in Singapore who can become a director of your company, we will provide you with a reliable Singapore local director to be your nominee director.

Nominee Director will not have any managing or decision making role in your company. He will be purely for compliance purposes.