The subsidiary company, which will be a Singapore Private Limited Company, must have at least one director who must be a resident in Singapore, i.e. either a Singapore citizen, Singapore permanent resident, or a person who holds an Employment Pass, EntrePass, or Dependent Pass with a residential address in Singapore.
The director must be at least 18 years of age, and must not be bankrupt or convicted for any criminal malpractice in the past. Information of the directors will appear on public records. Directors can also be shareholders and vice versa.
If you do not have a local Singapore resident director to meet the requirement of the Singapore Companies Act, you have the following options:
Apply for Employment pass or Personalized Employment Pass: Foreign Corporation that plans to relocate its management staff to Singapore to run their new Singapore Company must apply for an Employment Pass. For more details, please refer to our guides on Singapore Employment Pass and Personalised Employment Pass.
Foreign Individuals/Corporation Not Relocating to Singapore
You can appoint a trusted contact who is a Singapore resident or use our nominee director service. Our nominee director service does not require any shareholding in the company and does not get involved in the company operations or banking matters. For more details, please refer to our Singapore Nominee Director service page.