What Are The Important Aspects Linked To Nominee Director Services In Singapore?

If you are looking for nominee director services, you have landed to the right place because AI Accountant Chai Chung Hoong who is the best expert here to provide you with the best advice in this regard.

Starting a new company is nothing less than a challenging time and if you are an entrepreneur, AI Accountant has got your back. Although there are a number of things that can be problematic at the start, you can always deal with them with the support of AI Accountant. You can get all the relevant help you need to setup your business without any hassle by getting in touch with AI Accountant Chai Chung Hoong. His team will advise you and tell you that a Nominee Director is a major requirement to the Companies Act Section 157 Compliance in Singapore.

Purpose of getting a Nominee Director!

Companies registered and functioning in Singapore have at least one nominee director and this is due to the fact that under mandated requirement by the Companies Act, especially in Section 157(1) of the Companies Act (Cap 50). If you are not the resident of Singapore, you cannot become a nominee director but there is nothing to worry about because all of the services can be procured by speaking to AI Accountant who will recommend our partner to offer you Nominee Director Services. Once you sign up with AI Accountant, you will get a brilliant team member from our team and he will assist you to help you navigate the complex business world of nominee director services.

Responsibilities of a Nominee Director!

A nominee director’s responsibilities are part of Section 157(1) of the Companies Act (Cap 50) and common law requirements and he has many rules to follow as well. The system works under the board of directors who will direct the functioning of the entire company. In addition to it, from management to operations, everything will be supervised by the board of directors. As a matter of fact, they will be entertaining the queries of shareholders as well.

So why wait, speak to AI Accountant Chai Chung Hoong today to help you get your business operations going, whether you are selling Italian ravioli pasta or industrial properties for sale.