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
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
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 objectively, act in the best interest of the company and be honest and diligent in carrying out your duties. Even if an individual is not…Read More
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 Singapore Companies Act (Cap. 50)
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