10/04/2026
💡 Thinking of incorporating in Singapore as a foreigner? Read this first.
Singapore registered 50,000+ new businesses in 2025 alone. Many by founders who had never even visited the island.
And for good reason:
🔹 Corporate tax as low as 4.25% for startups
🔹 No residency requirement for shareholders
🔹 Incorporation possible within 1–2 days
🔹 World-class banking & legal infrastructure
But there's ONE rule every foreign founder hits immediately 👇
Section 145 of the Companies Act:
Every Singapore private limited company MUST have at least one director who is ordinarily resident in Singapore.
If you live outside Singapore — you need a Nominee Director.
Here's what that actually means 👇
✔️ A locally resident professional holds the director position on paper
✔️ They handle statutory duties — ACRA filings, AGMs, annual returns
✔️ They have ZERO control over your business, money, or decisions
✔️ YOU remain the 100% beneficial owner
💰 What does it cost in 2026?
→ Reputable firms: SGD 3,500 – 6,500/year
→ Budget providers: SGD 1,000 – 1,500/year (and very risky!)
→ One-time onboarding KYC fee: SGD 800 – 1,800
🔐 Must-have legal protections:
→ Nominee Director Agreement (limits their role strictly to paper)
→ Declaration of Trust (legal proof that YOU own the shares)
→ Confirm they maintain RORC records with your name as beneficial owner
⚠️ Red flags to watch:
🚩 Provider refuses to do KYC on you
🚩 No professional indemnity insurance
🚩 Slow email/WhatsApp response time
🚩 No succession plan if the firm closes
🚩 Claims they can "hide" your identity from authorities (this is ILLEGAL!)
The full breakdown — costs, risks, legal protections & alternatives like the EntrePass route — is all in our latest guide. 👇
📖 Read it FREE here:
👉 https://www.radiantbiz.com/blog/nominee-director-services-singapore
💬 Are you planning to expand to Singapore? What's holding you back? Comment below — let's talk!
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Appoint a trusted nominee director in Singapore fast — stay ACRA-compliant without the hassle. Explore flexible, affordable plans. Get started today and secure your company legally.