Section 145 (2) of the Singapore Company's Act (Cap. 50) states that any person above the age of 18 years may be appointed as a director. However,
Frequently Asked Questions : Singapore Company Directors
What are the company directors’ responsibilities?
The directors' duties, responsibilities, and liabilities specified in the Act as well as under the common law where applicable include the following
What are the fiduciary duties of a company director?
Directors have a fiduciary duty to their company whereby they must be loyal to the company and must act honestly and in good faith when exercising
What are other reasons for disqualification of a Director?
A director who is subject to an automatic disqualification or a disqualification order under sections 34, 35, or 36 of the Limited Liability
What are the obligations of a company director?
Any person(s) who are willing to act as a director and provide advice on behalf of a company in Singapore, are obliged to abide by Singapore's
My friend is in Singapore on an Employment Pass (EP). Can he be the local director of my Singapore Company?
No, he cannot be a local director of your company when he is under employment pass (EP) of another company.
Who in Singapore can be my local director?
We can provide you with the services of a local director who will be a nominee. For more details, please read our Company Incorporation with Nominee
Does a Singapore company require a local resident director?
Section 145 (1) of the Singapore Company's Act (Cap. 50) requires that all Singapore incorporated companies must have at least one director who is
How does the director convene a shareholders’ meeting?
A company usually has at least one meeting in a year which is known as the Annual General Meeting (AGM). The directors must ensure that the first AGM
Does the local nominee director actively run my business?
No. The Nominee Director is purely for fulfilling statutory requirements. He will not have any financial, managerial or operational role. You are
How often is it required for directors to hold Board Meetings?
Directors are required to hold the first Board Meeting after the company is incorporated to approve the appointment of the officers of the company and
How many directors must a Singapore company have?
Singapore company act requires a minimum of one director who must be a Singapore resident. A foreigner who wants to register a new company in
