Clear roles. Responsible arrangements.
Practical support when considering nominee director or nominee shareholder arrangements in Singapore.
Discuss Your ArrangementAt least one director must be ordinarily resident in Singapore.
Business owners who do not meet local residency requirements may need to consider an appropriate director arrangement.
Start with a clear understanding.
KP Corporate Management offers nominee director and nominee shareholder services. Before an appointment, the parties should understand the proposed role, responsibilities, terms and required disclosures.
Role
Understand the nature of the proposed role.
Responsibilities
Be clear on the key responsibilities involved.
Terms
Discuss the terms of the arrangement.
Disclosures
Note the required disclosures to authorities.
Responsibilities continue after appointment.
Director duties
A nominee director remains subject to a director’s legal duties.
Nominee information
Singapore companies must maintain and, unless exempt, file relevant nominee director and nominee shareholder information with ACRA.
The company’s specific obligations should be reviewed as part of the arrangement.
Let’s discuss the right arrangement for your business.
KP Corporate Management can discuss your circumstances, nominee director and nominee shareholder arrangements.
