To become the director of a company, you will have to be elected by the company shareholders. In addition, to qualify as a Director in a company in Singapore, you have to be: a natural person (i.e. a company or business entity cannot be a director) ordinarily resident in Singapore—…Read More
Annual Compliance FAQs / Singapore Company Directors
The task of running the company is given to the Managing Director(s). Shareholders can also but not necessarily be the directors of the company.
The following persons are prohibited from acting as a director: a person who has been convicted for fraud or dishonesty punishable on conviction with imprisonment for 3 months an undischarged bankrupt a person who is disqualified by the High Court of Singapore
A Singapore citizen, Permanent Resident, Employment Pass (EP) holder, or Dependent Pass (DP) holder (with Letter of Consent) is considered a director ordinarily resident in Singapore.
A Director is an individual, who must be at least 18 years of age, who is elected by the shareholders to manage the affairs of the Company.
Disqualified directors are persons who cannot hold the appointment of a director in a local or foreign company. Disqualification under Section 148 of the Singapore Companies Act (CAP. 50) When a director is declared a bankrupt either by a Singapore court or foreign court, the director can no longer as…Read More