Singapore Company with a Dubai Subsidiary: The Dividend Tax Checklist (2026)
In 2026, a Singapore company with a Dubai subsidiary pays Singapore tax at 17% on Dubai dividends received in Singapore: on IRAS's published rule, the…
Published: 13 October 2026 · Reviewed by Ray Tay, Co-Founder & Managing Director, VIVOS PTE. LTD. (ACRA Filing Agent FA20240323 · MOM EA Licence 24S2425)
Every Singapore company must have at least one director who is ordinarily resident in Singapore, whether a citizen, permanent resident, or Employment Pass holder with MOM consent. Directors must be 18 or older and free of disqualification. Appointments are lodged on BizFile+ within 14 days under Companies Act s145, as of 2026.
TL;DR:
- For an Employment Pass holder joining a second company, obtain MOM’s Letter of Consent before setting the effective appointment date; processing can take several weeks.
- A nominee director has the same statutory duties as any other director, so define authority, indemnities, and filing support in the service agreement before appointment.
- Check that candidates are natural persons aged 18 or older, legally eligible, and not disqualified; ACRA does not proactively alert companies when status changes.
- Lodge appointments, resignations, and disqualifications on BizFile+ within 14 days; late notices can incur fines of up to $5,000 per officer.
- Foreign founders without a local director can use a nominee for incorporation, but should plan a transition to an internal resident director after hiring locally.
Appointing a director follows a fixed sequence. Skipping a step, especially consent or KYC, delays the BizFile+ filing and risks missing the 14 day window.
Documents to prepare before filing:
Pro Tip: Start the Letter of Consent process before finalizing the appointment date. MOM processing can run several weeks, and the BizFile+ filing clock only starts once the appointment is actually effective.
Once the filing clears, the appointment is reflected on the company’s business profile, and the new director’s particulars become part of the public ACRA record alternatives.
A director must be a natural person, at least 18 years old, with full legal capacity. Corporate entities cannot serve as directors of a Singapore company, which is a key distinction from markets that permit corporate directorships.
Common grounds for disqualification include:
Disqualification periods vary by the underlying order, and some run for several years from the date of conviction or court ruling. Before appointing anyone, the company should check the candidate’s standing, record the consent and KYC documents on file, and confirm there is no pending disqualification order.
ACRA guidance makes clear that ACRA does not proactively alert companies when a director becomes disqualified. The onus sits with the company to monitor its own officers and report any resignation or disqualification within 14 days. Failing to notify ACRA can result in fines of up to $5,000 per officer, alongside the operational risk of resolutions passed by an ineligible director being challenged later.
Foreign founders setting up in Singapore usually weigh three routes to satisfy the resident director requirement under Companies Act s145. A foreign director living outside Singapore can sit on the board, but cannot by themselves meet the residency rule. A resident director, whether a local hire, co-founder, or trusted contact, satisfies it directly. A nominee director, appointed through a service provider, is a third path built specifically to meet this requirement during incorporation or while the founder relocates.
| Director type | Residency requirement | Typical responsibilities | ACRA filing obligations | Common use case |
|---|---|---|---|---|
| Foreign director | Does not satisfy s145 alone | Strategic input, board votes, no residency duty | Appointment and particulars still lodged on BizFile+ | Overseas co-founder or investor representative |
| Resident director | Satisfies s145 | Full statutory duties, signing authority, local point of contact | Appointment, changes, and resignation filed within 14 days | Local co-founder, hired executive, or long-term operator |
| Nominee director | Satisfies s145 | Same statutory duties as any director, scope usually limited by service agreement | Same filing obligations as any director | Incorporation by non-resident founders, short-term market entry |
A nominee director is not a filing formality. Under ACRA guidance on appointing directors, nominee directors are full legal directors who owe the same statutory duties as any other officer, including the duty to act in the company’s interest. The practical difference lies in the service agreement, which should spell out decision limits, indemnities, and what filing support the nominee or their provider commits to.
The appointment itself is lodged through the BizFile+ “Appointment of Officer” eService, which captures the director’s identification number, nationality, residential address, and effective date. Companies Act s145 sets a 14 day window from the date of appointment to file, and the same window applies to resignations or removals.
Failure to notify ACRA within the statutory period can draw fines of up to $5,000 per officer, a cost worth planning around when scheduling an appointment close to a public holiday or year end filing crunch.
For Employment Pass holders, the sequencing matters. MOM guidance on secondary directorships generally requires a Letter of Consent before the EP holder exercises director powers in a second company. Processing can take several weeks, so the practical workflow looks like this:
Getting this order wrong, filing before consent clears, is one of the more common reasons appointments stall for foreign executives.
Directors in Singapore owe statutory duties regardless of whether they are local, foreign, or nominee appointees: acting in good faith, avoiding conflicts of interest, and exercising reasonable care in company decisions. A nominee director carries the identical set of duties, not a reduced version.
When a director resigns, is removed, or becomes disqualified, the company must:
Pro Tip: Keep signed consent forms, KYC records, and resignation letters in a single compliance file. When ACRA or a bank asks for proof of a director’s standing, having it on hand saves days.
Failing to report a cessation risks the same fines that apply to late appointments, and it leaves the public register inaccurate, which can complicate bank account changes or due diligence during fundraising.

The choice usually comes down to timeline and long-term presence. Founders who need to incorporate quickly, without relocating or hiring locally first, commonly use a nominee director to satisfy s145 while they establish their own residency or recruit a local executive. Founders planning a permanent Singapore base, or those answering to investors who expect direct board control, generally prefer appointing an internal resident director from the start.
We assist with Singapore company incorporation for foreign founders, including nominee resident director arrangements, registered address, corporate secretary, and bank account opening, and provide similar services in Malaysia, Hong Kong, and the UAE.
Ray Tay, Managing Director of VIVOS
For appointments we handle directly, our scope covers:
For readers who want the fuller walkthrough, our guide to appointing a director in Singapore and our nominee director guide go deeper into contract structuring and edge cases.
The weeks right after an appointment carry the most compliance risk, since that is when filings are easy to forget once the immediate task feels done.
— Ray
Foreign founders setting up in Singapore often need a resident director in place before BizFile+ will accept the incorporation filing. We provide Singapore company incorporation for foreign founders, including a nominee resident director, a registered address, a corporate secretary, and bank account opening as part of a single engagement, with similar setups available in Malaysia, Hong Kong, and the UAE.

Our relevant services include:
If you’re ready to appoint a director and need the filing handled correctly, our incorporation service page outlines the next steps and connects you directly with our team.
Yes, a foreigner can be a director, but the company must still have at least one director ordinarily resident in Singapore under Companies Act s145. A foreign director not residing in Singapore does not need an Employment Pass simply to hold that board seat, according to MOM guidance.
A nominee director is typically used when foreign founders need to incorporate quickly without an existing resident director, since one is required to satisfy Companies Act s145. It suits short-term market entry or the period before a founder relocates or hires locally.
Companies must lodge appointments, resignations, or disqualifications on BizFile+ within 14 days under Companies Act s145. Missing this window can draw fines of up to $5,000 per officer.
An Employment Pass holder taking on a directorship in a second company generally needs a Letter of Consent from MOM before the appointment takes effect. Processing can take several weeks, so it should be arranged before the BizFile+ filing deadline starts running.
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