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Can I serve as a nominated director or shareholder of a Singapore company after obtaining a Singapore work visa?

Released Date: Jan 28,2023 Article Source: HUANZE

Generally, when we register a Singapore company, we need a new citizen to serve as the director of the company. If we want to open an account in a local bank in Singapore, it is better to have a new citizen as the shareholder of the company, so that it will be very convenient to open an account in a local bank in Singapore. However, if an unfamiliar new citizen is allowed to be the shareholder of the company, many customers will feel uneasy. In this case, many customers will consider applying for a work visa in Singapore and then serve as the director or shareholder of a Singapore company. In this way, they can feel more secure in operation.

Generally we registerSingapore CorporationIf you want to open an account in a local bank in Singapore, it is better to have a new citizen as a shareholder of the company, so it will be very convenient to open an account in a local bank in Singapore. However, if an unfamiliar new citizen is allowed to be the shareholder of the company, many customers will feel uneasy. In this case, many customers will consider applying for a work visa in Singapore and then serve as the director or shareholder of a Singapore company. In this way, they can feel more secure in operation.

Can I serve as a nominated director or shareholder of a Singapore company after obtaining a work visa in Singapore? Under normal circumstances, as long as we get the work visa in Singapore, we can serve as the director or shareholder of a Singapore company, with the role of new citizensSingapore CorporationDirectors or shareholders are the same. So for clients who aren't comfortable with new hires as shareholders, consider applying for a work visa and taking the job yourself.

Can I serve as a nominated director or shareholder of a Singapore company after obtaining a Singapore work visa?

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