{"id":2616,"date":"2015-08-24T11:20:47","date_gmt":"2015-08-24T03:20:47","guid":{"rendered":"http:\/\/www.biztreemgmt.com\/wordpress\/?p=2616"},"modified":"2022-03-18T13:12:43","modified_gmt":"2022-03-18T05:12:43","slug":"differences-between-director-and-shareholder","status":"publish","type":"post","link":"http:\/\/www.biztreemgmt.com\/wordpress\/differences-between-director-and-shareholder\/","title":{"rendered":"Differences Between Director and Shareholder"},"content":{"rendered":"

To\u00a0register Singapore company at least one of the director must be Singaporean, Singapore PR or Employment Pass holder, this is the minimum requirement we all well aware of .<\/p>\n

Why\u00a0director’s criteria so important? On the other hand ,100% ownership by foreigner is allowed for Singapore Registered Company.<\/p>\n

What exactly the different between director and shareholder ? Why must have at least one local residential director ?<\/p>\n

The main different between director and shareholder is as follow :<\/p>\n\n\n\n\n\n\n\n\n\n\n
Director <\/span><\/b><\/td>\nShareholder<\/span><\/b><\/td>\n<\/tr>\n
Employee of the company<\/span><\/td>\nOwner of the company<\/span><\/td>\n<\/tr>\n
Attend director meeting<\/span><\/td>\nAttend Extraordinary \/Annual General Meeting<\/span><\/td>\n<\/tr>\n
Ensure business operate within their power<\/span><\/td>\nEnsure company running according to plan<\/span><\/td>\n<\/tr>\n
Can be removed and disqualified if they are breach their duties<\/span><\/td>\nLiabilities limited to the number of shares held only<\/span><\/td>\n<\/tr>\n
Right and powers are determined by shareholders<\/span><\/td>\nRight to vote on the management and direction of business<\/span><\/td>\n<\/tr>\n
Running daily operation of the company <\/span><\/td>\nNot applicable <\/span><\/td>\n<\/tr>\n
Duties to file true and fair annual account , Tax within the deadline<\/span><\/td>\nNot applicable<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

What\u00a0if you non of the above but keen to register ?\u00a0 The introduction of local Nominee director services will fill the \u00a0needs\u00a0for\u00a0foreigner who like to\u00a0register Singapore company.<\/p>\n

However, in the eyes of Company law, there is no different between director and Local\u00a0Nominee director .He or she still bearing the same responsibility to the Company.<\/p>\n

To become Singapore Registered Company’s \u00a0shareholder, you can invest as Corporate or individual capacity and 100% fully owned by foreigner is allowed .<\/p>\n

According to recent research, number of subsidiary -parent company structure is increasingly in Singapore .The key reason as follow :<\/p>\n

\u2022 100% foreign owner is allowed<\/p>\n

\u2022 is 2 separate legal entity ( limited liability if one of the company fail)<\/p>\n

\u2022Enjoy local Company Tax Rate<\/p>\n

Let compare the information needed for 2 different\u00a0entities as follow :<\/p>\n\n\n\n\n\n\n\n\n\n\n
\n

Information needed from Shareholder<\/span><\/b><\/p>\n<\/td>\n<\/tr>\n

\n

Individual shareholder<\/span><\/b><\/p>\n<\/td>\n

\n

Corporate shareholder<\/span><\/b><\/p>\n<\/td>\n<\/tr>\n

\n

Individual name<\/span><\/p>\n<\/td>\n

\n

Company name<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

A copy of NRIC \/ Passport <\/span><\/p>\n<\/td>\n

\n

A copy of certificate of incorporation (English Version )<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Residential address<\/span><\/p>\n<\/td>\n

\n

Country of incorporation <\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Not applicable <\/span><\/p>\n<\/td>\n

\n

Certificate appointment of corporate representative <\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Not applicable <\/span><\/p>\n<\/td>\n

\n

Particular of the key person <\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Number of share to be held<\/span><\/p>\n<\/td>\n

\n

Number of share to be held <\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

To\u00a0register Singapore company at least one of the director must be Singaporean, Singapore PR or Employment Pass holder, this is the minimum requirement we all well aware of . Why\u00a0director’s criteria so important? On the other hand ,100% ownership by foreigner is allowed for Singapore Registered Company. What exactly the different between director and shareholder<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[395],"tags":[86,88],"yoast_head":"\nDifferences Between Director and Shareholder<\/title>\n<meta name=\"description\" content=\"To\u00a0register Singapore company at least 1 of the director must be Singaporean, Singapore PR or Employment Pass holder,\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/www.biztreemgmt.com\/wordpress\/differences-between-director-and-shareholder\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Differences Between Director and Shareholder\" \/>\n<meta property=\"og:description\" content=\"To\u00a0register Singapore company at least 1 of the director must be Singaporean, Singapore PR or Employment Pass holder,\" \/>\n<meta property=\"og:url\" content=\"http:\/\/www.biztreemgmt.com\/wordpress\/differences-between-director-and-shareholder\/\" \/>\n<meta property=\"og:site_name\" content=\"Biztree Management\" \/>\n<meta property=\"article:published_time\" content=\"2015-08-24T03:20:47+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-03-18T05:12:43+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Organization\",\"@id\":\"http:\/\/www.biztreemgmt.com\/wordpress\/#organization\",\"name\":\"biztree management pte ltd\",\"url\":\"http:\/\/www.biztreemgmt.com\/wordpress\/\",\"sameAs\":[],\"logo\":{\"@type\":\"ImageObject\",\"@id\":\"http:\/\/www.biztreemgmt.com\/wordpress\/#logo\",\"inLanguage\":\"en-US\",\"url\":\"http:\/\/www.biztreemgmt.com\/wordpress\/wp-content\/uploads\/2022\/02\/BizTree_Logo_200.png\",\"contentUrl\":\"http:\/\/www.biztreemgmt.com\/wordpress\/wp-content\/uploads\/2022\/02\/BizTree_Logo_200.png\",\"width\":200,\"height\":200,\"caption\":\"biztree management pte ltd\"},\"image\":{\"@id\":\"http:\/\/www.biztreemgmt.com\/wordpress\/#logo\"}},{\"@type\":\"WebSite\",\"@id\":\"http:\/\/www.biztreemgmt.com\/wordpress\/#website\",\"url\":\"http:\/\/www.biztreemgmt.com\/wordpress\/\",\"name\":\"Biztree Management\",\"description\":\"Got question ? 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