Singapore Nominee Director Explained: New 2025 Rules
Setting up a company in Singapore as a foreign entrepreneur? You may need a nominee (local) director — but do you know what that really means in 2025? In this video, Jeffrey from Statrys explains what a nominee director is, when it’s required, and more.
If you are setting up a Singapore company as a foreigner in 2025, understanding the nominee director requirement is essential.
Jeffrey from Statrys explains how the role works under Singapore law, why it exists, and what changed with the new Corporate Service Providers (CSP) Act that took effect in June 2025. The focus is on helping founders understand what is required today, what risks to avoid, and how to stay compliant without giving up control of their business.
Key Takeaways:
- When a Singapore company must appoint a nominee director
- Who qualifies as a local director under Singapore regulations
- What nominee directors are responsible for, and what they do not control
- How the June 2025 CSP Act changed nominee director appointments
- Why nominee directors must now be appointed through licensed CSPs
- What information about nominee directors is publicly disclosed
- Legal risks and penalties for noncompliant appointments
- Typical costs for professional nominee director services in 2025
- Best practices for managing and replacing a nominee director safely
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