Every company in Singapore is required to have at least one local director. If this requirement is stopping you from expanding your business in Singapore, talk to us. We have suitable candidates that could help you with just that. There is a common misperception that nominee director does nothing and take his pay every year. That’s quick bucks, no? The answer is no.
Nominee directors or local directors take the same amount of risk or more as the foreign directors that you appoint to run your company. When the Company is breaching any of the law of Singapore, our nominee director will be the first to answer to such breach. Some might argue that they are doing legitimate business and so on, but you may do it unknowingly and our directors are still answerable for that breach. So what are you really paying? You are paying for a professional who answers to the authority when something happens. Email or call us to learn more about our nominee directors.