Local resident director or Employment Pass in Singapore.

If you are planning to open a company in Singapore, you need to decide who will be in the directors’ position: resident acting as a director or you after getting the Employment pass in Singapore. By the law of Singapore, only residents can be appointed to this position.

You have only 2 options:

• Hire a resident.
• Get your own residency in Singapore.

Those Foreign nationals who want to act as a director, for the incorporation process and bank account opening anyways need to appoint a resident first. Later on, after incorporation and bank account will be completed, they can change the director’s position and appoint themself. But first, they need to get a working visa or Employment pass.

Let’s take a look on both options.

Resident of Singapore

DIA / Digital Advice has a special service for incorporation in Singapore. The local director for your company will be a trustworthy person. We always check all our candidates deeply to make sure they will be 100% safe for your business.

ACRA also has a list of requirements for residents. The candidate has to provide a resident id and proof of address in Singapore. Aside from that, ACRA checks if he is not disqualified. Disqualification might be because of bankruptcy, past court cases, convicted for an offense involving fraud or dishonesty that carries an imprisonment term of 3 months or more.

This service is only for the incorporation and bank account opening. We always prepare a special agreement between shareholders and local directors for the safety of both sides. Local directors cannot make decisions inside the company and cannot use bank account without permission from shareholders.

For residents, it’s also a risk to be appointed as a director because they take responsibility for the company. That’s why we need to make it safe for them.

If you need to use the local directors’ service for your privacy, we can extend it for another year.

What exactly do we offer as a local director service:

• A trustworthy resident of Singapore.
• A knowledgeable person for compliance with all corporate acts and documents.
• Help with applications for working visas and Employment passes. 
• If you want to extend service for your privacy, resident director will honestly do his job and make sure your company will move forward. 

Employment Pass in Singapore

If you wish to relocate to Singapore and run your company as a director as well, we will tell you what to do.

After all documents have been set with incorporation and the bank account has been open, let’s start processing your Employment Pass in Singapore. The minimum time frame is 3 weeks. But the whole process might take up to 8 weeks. 

An employment pass is a working visa issued by the Ministry of Manpower in Singapore. You can get it for 2 years and after that extend for another 3 years.

The minimum salary for employment has to be 4 500 USD. If you want to bring your family under the Employment pass, your minimum salary must be 6 000 USD. Also, you will need to provide proof of working experience as a manager or director. The Ministry of Manpower might request your University diploma as well.

The local director will apply for your Employment pass and we can help you to fill up all forms.

Documents for Employment pass:

• University diploma and other educational certificates.
• Latest resume.
• References from previous employers.
• Picture same size as passport picture. Taken past 3 months. 
• Scanned passport.
• EP Application form 8, filled up and signed by the Singapore company director.
• Biz profile of the Singapore company.
• Full description of the job position.
• A detailed description of products or services of the company.