Nominee Director
Services
Margin Wheeler offers trusted Nominee Director services in Singapore to ensure compliance with the Singapore Companies Act. Engage us as your reliable service provider for seamless adherence to legal requirements. With our expertise, we support your business at every step.
For a Singapore registered company, having a resident director is crucial. They act as the company's face and ensure adherence to the law, preventing business abandonment and handling statutory demands. Trust Margin Wheeler to provide the resident director you need to stay compliant and accountable.
What is a Nominee Director?
Under the Singapore Companies Act, it is mandatory for Singapore Private Limited Companies (PLCs) to have at least one director who is a resident in Singapore.
By entrusting a Nominee Director (ND) with the responsibility and ensuring proper compliance with Singapore's regulations, it streamlines the incorporation process for your company.
To qualify as a resident of Singapore, an individual typically needs to meet the following criteria:
- Possess a local residential address
- Be a Singapore Citizen, Singapore Permanent Resident, Entrepreneur Pass holder, Employment Pass holder, or Dependant's Pass holder
- Demonstrate eligibility for long-term stay in Singapore (i.e., he/she can legally remain in Singapore for a long period).
*Please note that these conditions are not exhaustive, as additional factors may be considered as well.
Steps of Our Nominee Director Services
Our Nominee Director Service has specific requirements that need to be met, including:
Appoint 1 director for company operations
(Note that our Nominee Director service is for statutory compliance only and does not involve financial or operational management.)
Subscribed to our Services
(Annual secretarial service, accounting service, annual tax filing service, registered address service, payroll service for hiring employees in Singapore.)
Comply with our KYC requirements
Maintain only 1 Singapore Bank Account for the Company
(Opening additional bank accounts requires approval from our Nominee Director, contingent upon a valid reason.)
A security deposit of S$2,000 is required and will be refunded upon
service termination.
Every customer who requires Nominee Director Service is unique. Let's talk!
Enjoy $200 OFF on us! Discount available for the 1st Year of engaging in our Incorporation and Secretarial Services by using code MW2024