Your secretary will be a valuable asset and is needed by law. You will need to file director's resolutions for almost any decision of consequence to your company (opening a bank account, applying for credit cards, authorizing a director's bonus), to filing with IRAS and ACRA.need-entrepass wrote:thanks. but we still need a secretary to fulfill the requirement right ? or no, i saw from some websites said so, and they offer a "virtual" secretary for you just a couple hundreds a month or year, i forgot.
thats a bit troubling. is this true?
You do not need a 'Singapporean citizen' to set up a company. For a private limited, you need ONE director who is a citizen, a PR, or a holder of an EP.AdamC wrote:Yes. to setup a business firm in Singapore, You require a Singaporean citizen as manager(at least).
If You would like to apply for PR :
http://app.ica.gov.sg/serv_pr/per_res/a ... #procedure
alternatively, You can check with them the requirement. They are the professionals in this.
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