The Singapore Companies Act requires all Singapore Private Limited companies to have at least one individual director who is ‘ordinarily’ resident in Singapore. If you do not have a local Singapore resident director to meet the requirement of the Singapore Companies Act, you can engage our Nominee Director Service.
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. When incorporating your Singapore or offshore company, you can become the shareholder of the company. Alternatively, Rikvin can provide you with a Nominee Shareholder which will help you secure your corporate privacy.
For foreign companies that are interested in setting up a branch office in Singapore, it must nominate two Singapore residents or foreign staff members as branch agents of the branch office. Foreign staff members will have to obtain Singapore Employment Pass to relocate and run the branch office in Singapore. Alternatively, Rikvin can provide the branch office with two resident agents through our Nominee Agent Service.