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Role and Importance of a Singapore Director

Are you the owner of an international company looking to do business in Singapore? Then you should certainly have someone work for you as a Singapore Director who can take care of a number of important responsibilities. Firstly, you should get your company registered with ACRA and follow the rules and regulations of business that are determined by the ACRA professionals under the Singapore Companies Act. There are numerous Singapore professional service providers who can serve as Singapore company director and help your business firm in more ways than one. You must make sure that before you start working on your regular operations, you must select the individual or the company who will function as resident director for your business firm.

Although your company might have numerous stakeholders, the director of the company is certainly the most important individual as it is he or she who will be responsible for effectively managing all affairs relating to your business firm, thus making all critical decisions in the process. The director should always be able to carry out the crucial decisions of the business enterprise in a firm and objective manner. The director should also be honest and diligent at all times and work towards the benefit of the company.

In order to get your company signed up with the Singapore business directory, there are a number of important documents and things that you will need to have. Some of these are briefly described below.

  • At least a minimum of a single shareholder (either corporate or an individual entity)

  • One company secretary

  • At least one functioning resident director

  • A physical address for your Singapore office

  • Initial paid up amount of the share capital worth of S$1

To learn more about Singapore Director, get in touch with a professional company incorporation services provider today.

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