Services

6 Best Local Director Services In SG For Your New Business

March 24, 2021
Best Local Director Singapore

Singapore may be a small nation in terms of size, but it is definitely not lacking when it comes to state-of-the-art infrastructure. What’s more, it has a free market economy and a tax regime that is attractive for setting up a new company. However, before you can operate a business in the country, you must first register it with Singapore’s Accounting and Corporate Regulatory Authority (ACRA). Under the Companies Act of Singapore, foreigners will need to appoint at least one local resident director or a nominee director.

The Nominee Director makes decisions while considering the company’s best interest. They also ensure corporate governance, avoid conflict of interest, and adopt ethical and socially responsible practices. Choosing a good Nominee Director is essential because they will have to uphold these responsibilities. However, there is no need to worry about finding a suitable person for the job. These firms offer the best local director service in Singapore.
Note: This list is strictly not in order.

1. Onestop Professional

Image Credit: Onestop Professional

Onestop Professional provides professional services in Singapore, including local director services, for reasonable fees. They can help non-citizens find a trusted nominee director, and they also handle the necessary processes such as incorporation, accounting, and tax filing. Onestop Professional ensures they provide professional services that are efficient and hassle-free so clients can get their business up and running the soonest possible time.

They look at their clients’ success as their own, so Onestop Professional actively collaborates with clients to get desired outcomes. Other reasons to hire Onestop Professional is their extensive experience and knowledge in the services they offer, the efficient service they provide, and their excellent customer service. Their service is definitely good value for money. If you are looking for a nominee director service, you should definitely consider this reputable company with an excellent track record.

Customer Reviews

Bernard CHNG Kok Leng (Cornerstone Training Team)

The level of detail their team provides distinguishes them from other providers. The way they make everything so simple for me and their cost are the best parts of their service.

Karthik Karkal

I had the best experience working with OneStop Professional Services. The entire team is proactive and was patient.

Website: https://onestop-ca.com/nominee-director-services-in-singapore/
Contact: +65 9644 9531
Location: International Plaza, 10 Anson Road, #13-09, Singapore 079903
Opening Hours: Mon–Fri 9AM-6.30PM | Closed on Sat & Sun 

2. Piloto Asia

Image Credit: Piloto Asia

With a team of professional consultants, Piloto Asia can assist clients in incorporating their company online within a day. Their local network support, full-suite outsourcing and prompt services will set a business apart. They provide customized solutions for company formation to suit a client’s business needs, offering flexibility in their services. They also respond to queries in 24 hours. With Piloto Asia, clients are assured of a reliable business partner that could give them great advice with good turnaround time, not auto-replies or chatbots. They offer dedicated account concierge services which ensures quality delivery.

They understand that there are times when a client may need something that exceeds their expertise. Since they work with both local and regional partners, they can coordinate with the right contact to support the client with legal, finance, housing, immigration and other concerns. Piloto Asia does not leave clients hanging.

Customer Reviews

Julia Pryadko

This company has professionals in its staff. I was looking for professionals who would help our company to solve the problem with employment matters. There is all necessary information on such websites as IRAS but it is not easy to understand everything and find answer to the question by oneself. More often than not you need professional advice. PILOTO is the company which managed to find the decision of our problem and to explain everything.

Andy Ko

We setup our Singapore subsidiary with Piloto Asia for our China business. They are very different from other service providers we spoke with. If you are looking for a firm who puts your interest first and really help to solve your problem, you shall engage Piloto Asia.

Website: https://www.pilotoasia.com
Contact: +65 9234 2902
Location: The Octagon, 105 Cecil Street, #18-00, Singapore 069534
Opening Hours: Mon–Fri 9AM-6.30PM | Closed on Sat & Sun 

3. Straits Alliance

Image Credit: Straits Alliance

Straits Alliance understands that setting up a business can be tough, costly and tedious, so they aim to help clients by providing quality and affordable corporate services. They have an experienced team that makes sure a client’s records and obligations are all in order. The services they offer include company incorporation, company secretarial services, company strike off, accounting services, unaudited financial statement, corporate tax, and auditing services. They have a company incorporation package for foreign entrepreneurs who do not have a local resident director.

Once the client has appointed their own local resident director or they have obtained an Employment Pass, they do not have to pay for the yearly Nominee Director Service. Straits Alliance also offers a package where they provide assistance to foreign clients in their application for an Employment Pass and another package where clients get annual accounting services and annual tax filing.

Customer Reviews

Glen Hatson

The service is top notch and I’ve had a great experience working with them. Definitely keen to continue with their services.

JT

Great Service. Quick and easy sign up. Will recommend to my friends who are just starting their business.

Website: https://www.straitsalliance.com
Contact: +65 6906 0611
Location: Suntec Tower One, 7 Temasek Boulevard, #12-07, Singapore 038987
Opening Hours: Mon–Fri 10AM-6PM | Closed on Sat & Sun 

4. Sprout Asia

Image Credit: Sprout Asia

This corporate service provider in Singapore takes care of your incorporation, taxes, accounting, payroll and compliance needs at affordable rates. They can incorporate a company with the ACRA or respond to requests in one working day. Sprout guides their clients in each step of the process. To comply with Singapore’s Companies Act, a local resident director must be appointed in a company. Sprout Asia can provide a nominee director and a local registered address to foreigners setting up a business in Singapore. Their All-in package includes incorporation, secretary and Nominee Director services, and a Singapore registered address.

Sprout Asia does not collect any deposit for Nominee Director since they understand that finances can be tight for start-ups. Sprout Asia aims to make company incorporation in Singapore easy, simpler, and hassle-free for clients, so they make sure that clients know the essentials.

Customer Reviews

Swift Logistics And Shipping Services 

I am glad to chose Sprout. Mr Weng and his staff delighted me with their fast service.

Michael Garry 

I contacted a number of different companies about help setting up my own company and liked Sprouts reply and attitude the best. They have been very helpful all the way, everything has gone as they said it would and all for a very reasonable price. Definitely recommend.

Website: https://www.sproutasia.com
Contact: +65 6715 1523
Location: TripleOne Somerset, 111 Somerset Road, #15-18, Singapore 238164
Opening Hours: Mon–Fri 9AM-6PM | Closed on Sat & Sun 

5. Budget Corporate Services

Image Credit: Budget Corporate Services

Established to address the needs of small enterprises and new business start-ups, Budget Corporate Services Pte Ltd understands that starting a business can be costly, so managing resources is very important. They provide incorporation and corporate services at the lowest possible cost. It is their way of helping small enterprises and start-ups maximize their resources. One of their services is providing a foreign-owned business with a local resident director to comply with Singapore’s legal requirements for companies. The service comes with a Nominee Director Agreement, which expressly states that the nominee director will not have powers to manage or have financial interest in the business they represent.

The client can still operate their company with the General Power of Attorney that Budget Corporate Services will provide. This means the owner can run their business, manage the activities of the company, and open and control the company’s bank accounts. Also, the nominee will give a pre-signed undated resignation letter.

Customer Review

Jim Lau 

Great customer service and corporate services.

Website: http://www.budgetcorporate.sg
Contact: +65 6536 0227
Location: The Central, 8 Eu Tong Sen Street, #14-94 Singapore 059818
Opening Hours: Mon–Fri 9AM-7PM | Closed on Sat & Sun 

6. Advantage Corporate Services

Image Credit: Advantage Corporate Services

Serving domestic and international clients, Advantage Corporate Services boasts an experienced team in the field of accounting, bookkeeping and secretarial services. They provide a wide range of services to help clients control their expenses better, comply with the law, and reduce their business risks. Advantage Corporate Services relies on the latest technology solutions and proven methods and techniques to accomplish tasks. They offer high-quality services which can help any company establish operations in Singapore.

Their staff is highly qualified and have years of experience. In addition, they undergo training on the latest industry updates to be able to provide clients with the best service. Advantage Corporate Services also provides Nominee Director Service that is affordable and efficient. When clients get this service, they can comply with the law and at the same, rest assured that the local resident director who will work in their company is reliable.

Website: https://www.advantage.com.sg
Contact: +65 8893 3001
Location: 1 Keong Saik Road, Singapore 089109
Opening Hours: Mon–Fri 9AM-6PM | Closed on Sat & Sun

Conclusion

Choosing a local resident director for the business you plan to set up in Singapore may seem like a really big challenge, but the firms on this list can help you with the task. Not only will they make things easy for you, you can also have peace of mind knowing that the local director service that you hired is reliable, efficient, and effective. 

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