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
Frequently Asked Questions : Singapore Company Directors
When must I appoint auditors?
A company if not exempted from audit requirements must appoint an auditor within 3 months from the date of incorporation as per Section 205 of the
Who and what is a director?
A director is the person responsible for managing the affairs of the company and providing it with directions. As a director, you must make decisions
Who are disqualified directors?
Disqualified directors are persons who cannot hold the appointment of a director in a local or foreign company. Disqualification under Section 148 of
Who is a director? Who appoints Directors?
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.
Who is a Resident Director?
A Singapore citizen, Permanent Resident, Employment Pass (EP) holder, or Dependent Pass (DP) holder (with Letter of Consent) is considered a director
Who is not allowed to be a director?
The following persons are prohibited or not allowed from acting as a director: a person who has been convicted for fraud or dishonesty punishable
What is the agenda for the first board meeting?
After the company is incorporated, the directors are to hold the first board meeting to approve the following: Incorporation or establishment of
What is Director’s Disclosure?
A Director shall disclose to the company: any material personal interest they have in a matter which relates to the affairs of the company; and any
What is the minimum numbers of Directors a company must have?
Singapore Companies Act requires that at least one of the company directors must be ordinarily resident in Singapore i.e. Singapore citizen, Singapore
What are the requirements of a director in a company incorporated in Singapore?
Number of Directors The minimum number of directors required to incorporate a company in Singapore is one. Maximum number of directors is normally
What do you look for before you agree to provide the Nominee Director Service?
The Nominee Director is considered to be a full director and responsible for the actions of the company even though he has no role in managing the