When clients usually need this
- Foreign founders need to satisfy the resident director requirement safely.
- The company needs clear information flow, due diligence and risk control.
- A bank, CSP or new secretary asks for nominee/director records.
Resident director support with due diligence
Nominee Director Service in Singapore
A nominee director remains a company director and carries statutory responsibilities. ProSec reviews the owners, beneficial owners, business activity, source of funds and expected transactions before accepting an appointment.
The service is not automatically available. Applications with unclear ownership, unsupported funds or activity outside our risk criteria may be declined.
Practical guidance
Nominee director: when clients usually need help
If you are unsure where to start, these guides explain the common decisions before you appoint a provider or make a filing. This page explains how ProSec can assist with the actual filing and follow-up services.
What we usually need from you
- Identity and residential address evidence
- Ownership chart, business explanation and source of funds
- Expected operations, banking plan and ongoing reporting process
Read these guides first
Subject to KYC and business risk review.
For accepted companies needing more frequent monitoring.
Applications outside the risk criteria may be declined.
No GST is added to the listed ProSec service fees. Full fees and inclusions
Scope and fees
Nominee director service boundaries
The quoted fee does not replace acceptance review. The appointment is confirmed only after the business and ownership information is understood.
Basic service
- Resident director appointment under a written agreement
- Initial KYC and business risk review
- Defined information and notification duties
- Periodic company status review
Enhanced review
- Enhanced due diligence where required
- More frequent information requests and monitoring
- Additional documentation conditions
- Subject to acceptance after full review
Assessment documents
Information needed for review
People and ownership
- Passports and address proof
- Shareholders and beneficial owners
- Group structure for corporate shareholders
- Existing company documents, if already incorporated
Business and funds
- Business model and expected activity
- Customer, supplier and transaction countries
- Source of funds and expected turnover
- Licensing or regulated activity details
Authority limits
Matters requiring prior approval
- Bank mandates, financing or guarantees
- Contracts or transactions outside the stated business activity
- Changes in shareholders, beneficial owners or directors
- New countries, products or payment flows
- Signing documents that have not been fully explained
ProSec does not accept blank pre-signed documents, unexplained payment instructions or nominee arrangements intended to conceal the beneficial owner.
Official sources
Rules and filing guidance
FAQ
Questions to settle before engagement
Is a nominee director only lending a name?
No. A nominee director remains a director and has statutory duties. The director may require information before signing or approving a matter.
Is every foreign shareholder accepted?
No. ProSec reviews ownership, business activity, source of funds and transaction countries, and may decline an application.
Can the nominee director sign bank documents?
Any signing authority depends on the document, written agreement and risk review. Blank or unexplained documents are not accepted.
Does the fee include company incorporation?
No. Nominee director, incorporation, secretary, registered office and accounting services are separate.
Must business changes be reported?
Yes. Material changes in activity, ownership, funds, transaction countries or banking arrangements should be reported for reassessment.
Confirm the documents and service scope first
Send us your company status and available documents. ProSec will explain the relevant scope, fee and next step.