According to the Singapore Companies Act, it is a mandatory requirement for all Singapore Private Limited Companies to have at least one local resident director.

While you are searching for the right local partner, we can help you to appoint a qualified nominee local director for your company.

A nominee director is usually appointed just to fulfil the statutory compliance requirements. He will not, and cannot be involved in the operations or management of the company; and will not be obligated to execute any official documentation that involves the management and operations of the company.

Hoys can assist with the provision of nominee director subject to the following conditions:

• One or more natural individuals must be appointed as company directors who will be responsible for overseeing and running your company;
• Satisfy our initial and ongoing KYC (know your client) requirements;
• Execute our Nominee Director indemnity agreement;
• You must take up our book-keeping and corporate tax filing services and You will be responsible for replacing the nominee director should any party choose to cease the nominee director service.

*Do note that a refundable security deposit is needed prior to the appointment of a nominee director. This deposit will be refunded to you in full when you cease our nominee director service and/or when we step down as the nominee director. There must be no liability for the period covered by the nominee director.