Is it necessary for me to be a Singaporean to incorporate a company in Singapore? September 22, 2017 No, it is not necessary. If you are lacking a local director, you can engage us for our Nominee Director Service. Suggested Readings What are the advantages of setting a financial year end within 12 months of incorporation? Does Singapore have any restrictions on foreign ownership? What are professional and filing fees? What are the best company incorporation service providers in Singapore?