Frequently Asked Questions : Annual Compliance

Are corporate directors allowed in Singapore?

No, corporate directors are not allowed in Singapore. Singapore companies are allowed to only have individuals as directors.

Yes, the directors are held responsible for the company's CPF contribution.

Yes. However, you will need to have at least one local Singaporean director. If you use our nominee director services, only your foreign directors

The directors and managers of every company are required to keep proper accounting records to sufficiently explain the transactions and financial

All Employment Pass applications can only be submitted once the Singapore company has been incorporated. In order to incorporate a Singapore company,

The directors are required to file the company's annual tax filing, Goods & Services Tax (GST) filing (if necessary) on a timely basis.

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.

No, if you are already holding an Employment Pass of a company, you cannot serve as a director of another company in Singapore.

All Singapore incorporated companies are required to hold an Annual General Meeting, or (“AGM”) of shareholders at which decisions are taken on the