Setup Company in Singapore Without a Local Director (Big Mistake)
Published May 7, 2026 · 0:55 · 37 views
Key takeaways
- Most founders skip [music] the nominee director step and lose $5,000.
- Singapore law requires at least one director [music] ordinarily resident in Singapore.
- That means a citizen, permanent resident, or entre pass holder.
- If you're fully remote, you must hire a nominee director service.
Summary
Setup Company in Singapore Without a Local Director (Big Mistake) → Need help setting up your Singapore Pte Ltd? Bastion Formations handles the ACRA filing and nominee director from SGD 850. https://bastionformations.com How to setup company in Singapore as a non-resident? Singapore allows 100% foreign ownership of a Pte Ltd, but ACRA (Accounting and Corporate Regulatory Authority) requires at least one director who is ordinarily resident in Singapore , a citizen, permanent resident, or EntrePass holder. If you're fully remote, you MUST appoint a nominee director or face $5,000 penalties within 6 months. Register a company in Singapore costs SGD 315 in government fees, plus SGD 1,200-2,400 annually for the nominee director service. Bastion Formations bundles the ACRA registration, nominee resident director, registered office, and corporate secretary for SGD 850. • Singapore Pte Ltd formation requires 1 local resident director by law (citizen / PR / EntrePass holder) • Non-compliant companies face SGD 5,000 penalties within 6 months of incorporation • Nominee director cost: SGD 1,200-2,400 per year (varies by provider) • ACRA filing fee for Singapore company registration: SGD 315
Full transcript
Auto-generated transcript. Watch the video for the full context and visuals.
Most founders skip [music] the nominee director step and lose $5,000. Singapore law requires at least one director [music] ordinarily resident in Singapore. That means a citizen, permanent resident, or entre pass holder. If you're fully remote, you must hire a nominee director service.
Skipping this tanks your application within 6 months. We're Bastion Formations, a company [music] setup agency for Singapore. The replacement director costs $1,200 to $2,400 per year [music] depending on the provider. If you're stuck on the nominee director requirement, we provide the resident director included in our Singapore PTE LTD package.
Budget for it up front or you'll scramble later. Like this if it helped. Subscribe for more and visit the Bastion Formations website for help setting up your Singapore PTE LTD.
Video library
More videos like this
Hand-picked from the same topic.
