Does a Singapore company require a local resident director?
Yes, a Singapore company is required to have at least one local resident director. In order to qualify as locally resident, the person must be: • Singapore citizen; or • Singapore permanent resident; or • Employment Pass holder (the Employment Pass should be from the same company for which he/she wants to act as a director); or • Entrepreneur Pass holder (the Entrepreneur Pass must be from the same company for which he/she wants to act as a director) A director must be a natural person and above 18 years old. Corporate directors are not permitted. There are a number of different ways you can satisfy the local resident director requirement: • If you plan to relocate to Singapore to run your company, you will need to apply for a work visa of type (employment pass or entrepass) under your new entity. Once your work visa is approved, you can act as the local resident director. • If you have a local partner or know a trustworthy person in Singapore who is willing to act as the local directo