Singapore Resident Director

Healy Consultants has helped hundreds of clients incorporate companies in Singapore for a diverse variety of purposes. The vast majority of our clients require Healy Consultants to act as the Singapore resident director to fulfil Singapore company law requirements. The following is some background about Singapore resident director and our services in this regard. Further information about setting up a Singapore company can be found in our Singapore company registration guide.
1.	Singapore companies are bound by the Singapore Companies Act 1963. Under the Singapore Companies Act 1963, every Singapore company must appoint a director who is resident in Singapore. The director can be a Singaporean citizen, a Singapore Permanent Resident (PR), a person who has been issued an Entrepass/Approval-In-Principle letter/Dependant Pass.
2.	Although there are no limits on the number of directors a Singapore company may have, only individual directors are allowed. Corporate directors are not permitted.
3.	Should our clients have difficulties finding a resident director of their own, Healy Consultants will act as Singapore resident director to fulfill Singapore company law obligations. To ensure your assets are fully protected, Healy Consultants, as Singapore resident director, will be neither a bank signatory nor play an active role in daily corporate activities.
4.	Details of the Singapore resident director appear on the Singapore public register.
5.	Healy Consultants' annual Singapore resident director fee amounts to US$1,800. In addition, Healy Consultants will collect a US$1,100 refundable deposit from our client. This deposit will be held in trust until our client no longer requires Healy Consultants to act as Singapore resident director. In the unfortunate event our client misuses their Singapore company and flees the country, Healy Consultants (as Singapore resident director) will be left to face the Singapore government authorities. In this instance, the client forfeits the refundable deposit and the funds will be used to cover future litigation expenses or liquidation costs incurred by Healy Consultants.
Contact Us
Further information about setting up a company in Singapore can be found in our Singapore company registration guide. Or, for more information on the Singapore resident director requirements contact email@healyconsultants.com or call us in Singapore at (+65) 6735 0120.
Back to Singapore Company Formation page.

Purchase the Singapore chapter of Healy Consultants' Asia Business Set Up book, to order call +65 6735 0120 or e-mail email@healyconsultants.com