Articles on: Nominee Director/Local Director

What risks does a Nominee Director in Singapore take?

The Nominee Director runs the risk of being taken to court should a company, or its other Directors break the law. Therefore, it is imperative that he or she monitors the activities of the company closely to ensure that it complies with any regulatory requirements. In view of such liability, Swiftly conducts a comprehensive KYC review before entering into a Nominee Dire ctor service agreement with our clients

Updated on: 04/01/2023

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